Press Releases



Al Khobar – 11 December 2019: GIB Saudi Arabia recently hosted ‘Digital Banking 4.0 - the new frontier’ event as part of the Fintech Tour 19. The event took place on Wednesday, 11th December 2019 at GIB’s Innovation Centre located at its new offices in Al Khobar, Saudi Arabia. 

Fintech Tour 19, is part of the Fintech Saudi initiative which was launched by the Saudi Arabian Monetary Authority and the Capital Markets Authority, alongside financial industry partners, including GIB, to support the development of the Kingdom’s Fintech industry.  The Tour is one of the largest cluster of Fintech events in the Middle East, focused on Spreading Fintech Knowledge and Accelerating Fintech Entrepreneurship. All Fintech Tour events are open to the public, allowing everyone the opportunity to participate. 

GIB’s event discussed the key changes in consumer expectations and demands, how leading organisations are responding to these, and what impact these changes are having in the market overall.

These topics were explored by a panel of digital leaders, moderated by Andreas Skopal, Group Chief Digital Officer, GIB. Panellists included: Ross MacLean, Group CEO, Traffic Group, Ali Alshehri, Head of Transformation, PayTabs, Dr. Mustafa Faisal Ahmed, Lecturer at KFUPM and Hussein Buhaliqah, GIB Head of IT KSA. 

GIB’s Group Chief Executive Officer, Abdulaziz Al-Helaissi commented: “We’re proud of partnering with Fintech Saudi to help both spread knowledge about new and innovative financial technologies that are shaping our industry and to support the ongoing development of the Kingdom’s fast-growing Fintech ecosystem. With GIB’s position as the first and leading digital bank in Saudi Arabia, we are particularly gratified to be able to put our knowledge at the disposal of the industry and leverage our experience to enhance the role we can play both as a digital banking provider and an industry partner. We were delighted to welcome attendees to our innovation centre and exploring a range of topics related to how banks can leverage Fintech to remain responsive and customer centric during this exciting time of change and development.” 

“We are very pleased to have so many great partners from across the Kingdom working together to support the acceleration of Fintech entrepreneurship and give everyone the opportunity to learn more about Fintech” – said  Nejoud Almulaik, Director of Fintech Saudi.

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