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

UAE’s TII powers global AI expansion with OPAQUE deal
News
Calendar Icon
May 4, 2026
UAE’s TII powers global AI expansion with OPAQUE deal
Read More
Aramco, Emerson deploy AI solution for higher refinery yield volume
News
Calendar Icon
May 4, 2026
Aramco, Emerson deploy AI solution for higher refinery yield volume
Read More
Wadi Jeddah hosts AI Hackathon to strengthen future tech skills
News
Calendar Icon
May 4, 2026
Wadi Jeddah hosts AI Hackathon to strengthen future tech skills
Read More
Reem Finance obtains banking license approval, transforms into Reem Bank
News
Calendar Icon
May 4, 2026
Reem Finance obtains banking license approval, transforms into Reem Bank
Read More
AlRashid: Saudi financing sector sees major shift since Vision 2030
News
Calendar Icon
May 4, 2026
AlRashid: Saudi financing sector sees major shift since Vision 2030
Read More
Exeed launches mega Riyadh showroom as Saudi auto market hits record growth
News
Calendar Icon
May 4, 2026
Exeed launches mega Riyadh showroom as Saudi auto market hits record growth
Read More
HUMAIN expands partnership with AWS through HUMAIN ONE
News
Calendar Icon
May 4, 2026
HUMAIN expands partnership with AWS through HUMAIN ONE
Read More
NextEra to provide over 3K jobs by 2027, says CEO
News
Calendar Icon
May 3, 2026
NextEra to provide over 3K jobs by 2027, says CEO
Read More
Saudi Arabia becomes 2nd most attractive data center market globally
News
Calendar Icon
May 3, 2026
Saudi Arabia becomes 2nd most attractive data center market globally
Read More
Monsha’at, Health Entrepreneurship launch new health bootcamp in Saudi Arabia
News
Calendar Icon
May 3, 2026
Monsha’at, Health Entrepreneurship launch new health bootcamp in Saudi Arabia
Read More