The Crown Prince of Abu Dhabi witnesses the first Ramadan session of the Mohammed bin Zayed Council, entitled "The future of financial systems in the era of smart technologies"

Abu Dhabi, March 7/ WAM/ His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, witnessed the first Ramadan session organized by the Mohammed bin Zayed Council in its current season under the title “The Future of Financial Systems in the era of smart technologies”.
He spoke at the session – held at the council’s headquarters at the Sheikh Zayed Grand Mosque in Abu Dhabi – Jim Marous, founder of the digital banking report and an expert in future studies and tackling disturbances in the financial sector.
The spokesman dealt with the impact of artificial intelligence on reshaping the banking sector, which creates opportunities and challenges that include the development of consumer expectations, who have become wanting to participate and dialogue and financial institutions understand their needs and not just a “good experience”.
He also touched on some of the challenges facing institutions to invest in technology, which is that there are no people with a ready and ready to keep pace with development and adopt the future of artificial intelligence, vision and transformation even if the best technology is available.
The financial expert provided an explanation about what financial institutions must do to gain a high level of confidence among consumers, to transform the way they deal with institutions, noting that traditional offices systems “that do not deal directly with customers” must keep pace with this in order to support the ongoing transformation.
He sees the importance of “providing access to data”, and said that consumers are expecting to obtain an experience dedicated to their requirements, noting that widespread innovation occurs at a speed driven by data, analyzes and technology.
He called for the importance of adopting artificial intelligence systems and asking questions constantly, as the skills of asking questions about artificial intelligence systems are future tools.
The session witnessed a collective discussion on the topic, in which Hana Al -Rostamani, CEO of Abu Dhabi Bank First Group, Abdullah Al -Mansouri, the administrative partner of the i3h for investment, and Firas Jalbout, the founder and CEO of Baraka Company .. The session was managed by Shatha Al -Shamsi, a strategic advisor at the E -Partenon company.
The “Future of Financial Systems in the era of smart technologies” will be broadcast tomorrow, March 8, at five in the evening on Abu Dhabi TV and the Mohammed bin Zayed Council channel on YouTube.

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