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  2. Elm showcases latest fintech innovations at Seamless Saudi Arabia 2024

Elm showcases latest fintech innovations at Seamless Saudi Arabia 2024

GHADA.ISMAIL
Oct 22, 2024
Elm provides cutting-edge digital products and solutions that integrate smart platforms to enhance business operations

Riyadh – Sharikat Mubasher: Elm, a pioneer in digital solutions, is participating in Seamless Saudi Arabia 2024, which kicked off today in Riyadh city, and runs from 22 to 24 October.

Elm showcased its wide range of cutting-edge digital products and solutions that integrate smart platforms to enhance business operations, emphasizing its commitment to enhancing people’s lives and advancing digital transformation, according to the company's press release.

Elm also displayed its products ‘Dhamen’ and ‘Yakeen’, which are considered two of its most prominent fintech and e-commerce solutions.

The Dhamen service is designed to support online platforms whose business model requires an intermediary party to guarantee payment of goods or services prior to receiving them. The service meets the needs of e-commerce platforms, and can even be used by sellers who do not have any e-commerce solutions.

Yakeen is an electronic service that provides financial institutions (such as banks and insurance companies), public service institutions (such as government agencies, health facilities, financial sectors, and aviation sectors), and other facilities with the ability to verify the data of any person with whom they have an official relationship (such as clients and auditors). , employees, and applicants) and within the limits of the privacy of the information permitted to be accessed, by linking electronically with the data present in the National Information Center and Saudi Post in real time.

The Yaqeen service is distinguished by its support for reducing fraudulent operations and raising the level of data quality by keeping it updated and consistent with official records on a permanent basis. It is subscribed through various packages that suit each customer’s needs.​

Running until 24 October, Seamless Saudi Arabia 2024 is expected to welcome around 10,000 visitors and more than 350 expert speakers who will share insights on crucial topics such as fintech innovations, digital payments, e-commerce strategies, and the transformation of retail experiences.

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