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

solutions signs SAR 132.4 mn contract to upgrade stc cloud data network
News
Calendar Icon
April 21, 2026
solutions signs SAR 132.4 mn contract to upgrade stc cloud data network
Read More
Chairman: Jarir expands footprint with plan to open 7 branches
News
Calendar Icon
April 20, 2026
Chairman: Jarir expands footprint with plan to open 7 branches
Read More
Aramco’s fund Prosperity7 Ventures leads $10mn round for Creao AI
News
Calendar Icon
April 20, 2026
Aramco’s fund Prosperity7 Ventures leads $10mn round for Creao AI
Read More
Sports Investment Forum 2026 opens in Riyadh
News
Calendar Icon
April 20, 2026
Sports Investment Forum 2026 opens in Riyadh
Read More
Nana enters financial restructuring after raising over $200mn
News
Calendar Icon
April 19, 2026
Nana enters financial restructuring after raising over $200mn
Read More
Saudi Industry ecosystem participates in Hannover Messe 2026
News
Calendar Icon
April 16, 2026
Saudi Industry ecosystem participates in Hannover Messe 2026
Read More
NEOM Port launches multimodal corridor linking Europe to GCC
News
Calendar Icon
April 16, 2026
NEOM Port launches multimodal corridor linking Europe to GCC
Read More
PIF Board of Directors approves 2026-2030 strategy
News
Calendar Icon
April 16, 2026
PIF Board of Directors approves 2026-2030 strategy
Read More
Report: Cyber risks outpace AI concerns for Middle East leaders
News
Calendar Icon
April 15, 2026
Report: Cyber risks outpace AI concerns for Middle East leaders
Read More
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
News
Calendar Icon
April 15, 2026
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
Read More