Forum for Innovation and Digital Transformation in Financial Services, hosted by the Central Bank of Libya (CBL), was convened in Tripoli today.
Saddek Elkaber, CBL governor, underscored during his opening address that this forum “represents an opportunity for private sector companies to benefit from the [CBL’s] Financial Technology and Innovation Unit, as it will provide solutions that better meet customer needs,” according to a statement by the CBL.
Elkaber stressed that the CBL “supports the Know Your Customer (EKYC) initiatives, Instant Payment, and the Open Banking initiative by establishing a financial technology laboratory (Sandbox) that aims to bring about change by experimenting with modern technologies, advanced and innovative ideas.”