Elm showcases latest fintech innovations at Seamless Saudi Arabia 2024

user icon
GHADA.ISMAIL
calender icon
Oct 22, 2024
article image

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.


Share

Related News

Riyadh to host IFAT Saudi Arabia Summit this month
News
Calendar Icon
January 8, 2026
Riyadh to host IFAT Saudi Arabia Summit this month
Read More
Seequent expands academic partnerships in Saudi Arabia
News
Calendar Icon
January 8, 2026
Seequent expands academic partnerships in Saudi Arabia
Read More
Flowciti announces official launch in Saudi Arabia, other GCC countries
News
Calendar Icon
January 8, 2026
Flowciti announces official launch in Saudi Arabia, other GCC countries
Read More
Riyadh to host 5th Future Minerals Forum in January
News
Calendar Icon
January 8, 2026
Riyadh to host 5th Future Minerals Forum in January
Read More
NEOM gaming accelerator to finance five game studios
News
Calendar Icon
January 8, 2026
NEOM gaming accelerator to finance five game studios
Read More
SDAIA secures Five-Star EFQM certificate
News
Calendar Icon
January 8, 2026
SDAIA secures Five-Star EFQM certificate
Read More
Trinasolar strengthens Saudi presence with multiple solar projects
News
Calendar Icon
January 6, 2026
Trinasolar strengthens Saudi presence with multiple solar projects
Read More
Hub71 startup Maalexi to build world’s first agricultural asset token exchange
News
Calendar Icon
January 6, 2026
Hub71 startup Maalexi to build world’s first agricultural asset token exchange
Read More
KANAA enters Saudi eCommerce Market with AI-driven platform
News
Calendar Icon
January 6, 2026
KANAA enters Saudi eCommerce Market with AI-driven platform
Read More
Saudi Arabia gears up to launch second phase of National Investment Strategy
News
Calendar Icon
January 6, 2026
Saudi Arabia gears up to launch second phase of National Investment Strategy
Read More