AFS, the region’s first and most prominent provider of electronic-payments and consumer finance outsourcing services is taking part in the upcoming MEFTEC 2007 exhibition which is the most prestigious banking and financial services technology event in the Middle East, Africa and South Asia. The two day exhibition will be held on February 12-13 2007 at the Bahrain International Exhibition Center and will provide opportunities for vendors and suppliers of cutting-edge financial IT solutions to tap into a growing market.
Held under the patronage of the Central Bank of Bahrain, and appropriately staged in the heart of one of the world's leading financial centers, MEFTEC brings together financial services and technology leaders to learn about addressing strategic and technical issues, preview the latest innovations in technology, and network to build new partnerships which will undoubtedly add to the core foundations of AFS’s business identity.
“We are really looking forward to MEFTEC 2007, the event last year was very well attended with senior delegates from most of the major financial institutions and key technology suppliers in the region. said Martin Williamson, Head of Business Development, AFS. “This is an excellent forum for AFS to discuss the wide range of well proven outsourcing services which it currently provides to over 60 retail banks in the region.” he added.
The event combines an industry-leading conference with a highly specialized trade exhibition and high-end social functions to deliver a tightly focused, time-efficient, quality-driven and results-oriented event. The focus will be that of providing insights into the most important innovations in retail banking products, channels and delivery over the past year and their likely impact on banking operations and services.
The focus will also include but not limit to the challenges associated with Blogs, RSS, Pod casts, social computing, as well as the value Information Technology provides to businesses today.
About Arab Financial Services (AFS):
AFS is the leading Arab company for electronic banking, personal payment instruments and related services. Established in 1984, AFS is in a strong financial position with backing from leading international financial institutions in the Arab World. The company pioneered the concept of outsourcing card processing in the region and was the first company to set-up an end-to-end state-of-the-art card-outsourcing environment in Bahrain. AFS is the largest payment card processor in the Middle East and North African regions. AFS is Principal Member of Visa and MasterCard Payment Associations and an authorized third party processor centre. Over 50 Banks in the region are connected to AFS's online card management integrated solutions. AFS offers diverse services ranging from 'get-started' to fully-fledged on-going card processing & related services, assisting banks to issue Visa and MasterCard to their customers through sponsorship card programs. AFS offers flexible and customized solutions to suit the specific requirements of financial institutions in the region, including full Arabic language functionality.