The financial services ecosystem is entirely different to what it was a decade ago, with political upheavals, economic uncertainty and planning for numerous regulatory changes coming into effect in 2019. The Middle East and Africa (MEA) region is expected to see a gross domestic product growth of 2-3% in 2019, which is almost similar to that in the previous year. Oil continues to play a dominant role, however, the governments in the region have been trying to diversify their economies.
Financial institutions are facing increasingly fierce competition from both traditional and non-traditional players in terms of payments, supply chain, from risk mitigation to being compliant of local as well as international regulations. The global Read More