Bank Muscat to host 4th edition of technology conference on October 2
Eng. Mohsin Mohammed Al Sheikh, Chairman of Muscat Municipality, will be the guest of honour
MUSCAT: Bank Muscat, the flagship financial services provider in the Sultanate, in line with its vision ‘To serve you better, everyday’ and commitment to innovation in banking convenience, is organising the 4th edition of the Technology Evolution conference on October 2 (Tuesday) at the bank’s head office.
Eng. Mohsin Mohammed Al Sheikh, Chairman of Muscat Municipality, will be the guest of honour at the conference to be held on the theme Technology & Disruption. The initiative comes as part of efforts by the bank aimed at familiarising and sharing insights on the latest technological developments shaping the future of business operations covering all sectors contributing to economic growth and development of the country. The conference to be addressed by experts will discuss the latest developments shaping the ‘Future of New Technologies’, ‘Oman’s readiness to the 4th Industrial Revolution’, ‘Disruptive Technology Impact on the Global Financial Service Market’ and ‘Delivery Innovation in Banking through Technologies by Oracle’.
Experts addressing the conference include Richard Watson, author, lecturer and futurist; Dr Ali Al Shidhani, Director of Research Centre and ICT Research; V. Ram Kumar, Senior Partner at Cedar Management Consulting; and Jakub Polec, Digital Innovation Director - Oracle Middle East Africa and Turkey, who will be sharing their valuable insights on technology developments. Firas Al Balushi representing young Omani innovators turning their dreams into reality will also address the conference.
Bank Muscat is a leader in using technology to make financial services more efficient. Financial technology (Fintech) is changing the future of banking and Bank Muscat has seamlessly progressed from traditional to innovative digital banking to enhance customer experience, reengineer business/operations and achieve growth. The alternative digital banking channels reiterate the focus and commitment of Bank Muscat in adding value and engaging customers through their preferred electronic banking channels. The bank complements the efforts of the government in realising the objectives of e-governance. The driving force of the bank to sustain banking service excellence is its vision and strategic pillars, of which innovation constitutes an integral part.
Bank Muscat is using technology to continuously enhance customer offering and provide efficient services. The bank is also focused on helping corporates to make a smooth transition towards efficient tech-focused processes and ride the waves of technology to their advantage. The bank’s processes and technology are designed to drive future corporate banking requirements, and thereby contribute to the progress and development of the nation.