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

Falak Holing acquires Kernel for AI to expand technical capabilities
News
Calendar Icon
April 14, 2026
Falak Holing acquires Kernel for AI to expand technical capabilities
Read More
Kodamai taps First Mills for 1st deployment of verified AI agents
News
Calendar Icon
April 14, 2026
Kodamai taps First Mills for 1st deployment of verified AI agents
Read More
Saudi Tourism Development Fund launches Cohort 6 of Grow Tourism Accelerator
News
Calendar Icon
April 14, 2026
Saudi Tourism Development Fund launches Cohort 6 of Grow Tourism Accelerator
Read More
Egypt’s biotech startup Reme-D secures $500K to expand operations
News
Calendar Icon
April 14, 2026
Egypt’s biotech startup Reme-D secures $500K to expand operations
Read More
PayTabs fully acquires TAPn’GO to enhance businesses' checkouts across MENA
News
Calendar Icon
April 14, 2026
PayTabs fully acquires TAPn’GO to enhance businesses' checkouts across MENA
Read More
Saudi Arabia inaugurates Lenovo’s regional hub in Riyadh
News
Calendar Icon
April 12, 2026
Saudi Arabia inaugurates Lenovo’s regional hub in Riyadh
Read More
DIAFA secures majority stake in Richard Caring’s global hospitality portfolio
News
Calendar Icon
April 12, 2026
DIAFA secures majority stake in Richard Caring’s global hospitality portfolio
Read More
CDF, Merak Capital launch ZYA Fund for fashion investments
News
Calendar Icon
April 12, 2026
CDF, Merak Capital launch ZYA Fund for fashion investments
Read More
Kanaa launches in Saudi Arabia to elevate online shopping experience
News
Calendar Icon
April 12, 2026
Kanaa launches in Saudi Arabia to elevate online shopping experience
Read More
Jozo closes seed round to accelerate growth, operational expansion
News
Calendar Icon
April 9, 2026
Jozo closes seed round to accelerate growth, operational expansion
Read More