Ammon News - Assistant Chairman of the Joint Chiefs of Staff for Organisation, Planning and Defence Resources, and Chairman of Special Operations Forces Exhibition and Conference (SOFEX) Brig. Gen. Yousef Khatib on Tuesday inaugurated the Financial Technologies and Cyber Security Exhibition and Conference (FinConJo2022).

Khatib said that the conference administration paid attention to the importance of implementing His Majesty King Abdullah’s vision through organising events concerned with discussing the latest developments in the global need for safe digital technologies and quick response to the changing world, the Jordan News Agency, Petra, reported.

He added that the conference attracted some 600 representatives from 45 companies and institutions, in addition to 27 speakers, to share their experience in the field of financial technology, security and methods of protecting it, among other subjects that concern all institutions in the sector.

The JAF official noted that developing safe and smart solutions for the financial technology sector is the goal of the event, in addition to providing diversified opportunities for development, transition and innovation.

Deputy Governor of the Central Bank of Jordan Khaldoun Wishah highlighted the importance of digital transformation that enjoys a prominent status in all international events, mainly those addressing financial and banking services as a result of developments in the Internet, communication technologies, and the use of modern technologies, such as artificial intelligence, cloud computing and data analysis technologies.

Wishah also noted that the national payment system has witnessed remarkable development recently, citing the high increase in 2021 of e-portfolio services, where the number of e-payment transactions went up by 107 per cent and the value rose by 117 per cent in 2021 compared with 2020.