Elm Showcases Cutting-Edge Fintech Innovations at Seamless Saudi Arabia 2024

Elm, a leader in digital solutions, is highlighting its latest fintech and eCommerce innovations at the Seamless Saudi Arabia 2024 exhibition, taking place from October 22 to 24 in Riyadh Front. The event focuses on the future of digital commerce in Saudi Arabia, featuring innovations across payments, fintech, banking services, retail, and eCommerce.

Elm is showcasing two key products: Yakeen and Dhamen. Dhamen is a secure digital payment solution using an Escrow Account, facilitating safe and reliable transactions between eCommerce platforms and users. It ensures the funds are held securely until both parties finalize the transaction, mitigating risks for buyers and sellers.

Meanwhile, Yakeen provides real-time verification services for institutions like banks, insurance companies, and government agencies. It connects with official databases to prevent fraud and ensure data accuracy, helping clients verify customer information.

Majid bin Saad Al Arifi, CEO VP of the Marketing Sector at Elm, emphasized that Seamless Saudi Arabia 2024 is a valuable platform to explore collaboration opportunities and showcase Elm’s innovative digital solutions, which improve business performance, reduce costs, and enhance productivity.

Elm is also participating in two panel discussions, highlighting how modern APIs and automated lending are transforming the financial services landscape.

Seamless Saudi Arabia 2024 expects over 25,000 attendees and more than 600 exhibitors, making it a significant platform for Elm to strengthen its presence in the digital services market across the Kingdom and the region.