Orange Money Sponsors 2nd Edition of FinConJo 2024 Organized by SOFEX as E-Wallet Partner

Petra Mobile Payment Service Company (Orange Money) sponsored the second edition of FinConJo 2024 as the e-wallet partner for the event that was organized by Special Operations Forces Exhibition and Conference, "SOFEX”. It was held under the auspices of the Central Bank of Jordan during the period of June 24^th- 25^th at the Four Seasons Hotel – Amman.

Through participating in this conference, one of the most prominent platforms for financial technology in Jordan, Orange Money strived to shed light on the role of e-wallets in elevating the financial scene in Jordan. This came amidst significant surge in the number of e-wallet users amounting to 2.3 million according to the latest statistics issued by the Jordan Payments and Clearing Company (JOPAC).

The conference came in light of the defining position that Jordan gains in the fintech arena, which is culminated by the launching of the Jordan Fintech Academy (FTA Jordan) recently by the Central Bank of Jordan under the umbrella of the Institute of Banking Studies. It aligns as well with Jordan's gradual transformation into becoming a regional hub for experts and specialists in this ever-evolving field at the global level.

During its participation, Orange Money stressed the essential role of e-wallets in supporting the fintech sector to take steps forwards by enhancing financial inclusion endeavors especially with users being able to conduct and manage financial transactions digitally. Chief Digital, Data, Innovation & Money Officer, Wilfried Yver represented Orange Money in the panel discussion titled “AI and Banking” to highlight how these novel technologies are revolutionizing the banking services in unprecedented ways.

The conference that entailed a series of dialogue sessions and panel discussions, brought together a group of experts in the field of financial technology in the region and the world, to touch on important topics, including for examples open financing for trackless paths, banking transactions and their transformation in light of artificial intelligence, as well as opportunities for cooperation to achieve sustainable flexibility and governance to raise the capacity of the sector, and other specialized topics.

During the FinConJo 2024 conference, Orange Money showcased its most start-of-the-art solutions, at the exhibition area that brought together companies specialized in the fields of banking, financial technology, governmental institutions and others, to enhance strategic partnerships, and to provide real capabilities to support the partnership and collaboration.