Financial technology plays vital role in boosting economic growth: Haytham Abbas

Mohamed Alaa El-Din
4 Min Read

TechLine, the leading IT provider of financial technology services and solutions in Egypt, participated in the 2023 Seamless North Africa Summit, under the auspices of the Egyptian Cabinet and the Central Bank of Egypt. 

The summit took place on 17-18 July at the Egypt International Exhibition Center in New Cairo. The event was also sponsored by the Arab League and the Arab Federation for Digital Economy, along with a wide range of prominent companies in the financial technology industry.

The theme of this year’s summit was “The Gateway to Financial Technology in the Middle East and Africa”, boasting over 4,000 participants, including officials and experts in the fields of electronic payments, financial technology, innovation, and digital banking.

Commenting on his participation in the event, Haytham Abbas, the CEO of TechLine, stated: “We believe that financial technology plays a vital role in boosting economic growth and empowering consumers and businesses. Through our innovative solutions, we aim to facilitate financial operations and enhance the customer experience by providing user-friendly, secure, and efficient technology solutions.”

Abbas added: “Participating in the 2023 Seamless North Africa Summit offers us an opportunity to expand our network of relationships and stay updated on the latest trends and innovations in the financial technology sector. During the summit, TechLine showcased a diverse range of innovative solutions and services in the field of financial technology, presented by our specialized team. We also showcased our latest products and tailored solutions to meet the needs of banks, financial institutions, and startups in this promising sector.”

He concluded: “We look forward to continuing our support for the growth of the financial sector by providing innovative and effective technological solutions, while meeting the evolving needs of customers and companies in a rapidly changing world.”

On the other hand, Bahaa Othman, Chief information security officer, said: “The 2023 Seamless North Africa Summit is one of the most prominent technological events in the region, bringing together leading companies, experts, and enthusiasts in the financial technology field to exchange knowledge, experiences, and explore new innovations.”

Othman highlighted that TechLine was the first company in Egypt specialized in providing information technology support and security for financial technology companies. “Dring the summit, we presented a comprehensive range of integrated solutions to help financial technology companies achieve operational excellence through the development and implementation of cutting-edge technologies and tools. Our specialized services include areas such as electronic payments, online financial transfers, digital financing, financial analytics, and financial security.”

TechLine offers a variety of products, solutions, and consulting services for institutions and companies operating in the financial technology sector, including but not limited to Card Acceptance Switch, Aggregator Switch, Merchant Management, and Settlement.

Marwa Khalil, Chief Development and Delivery officer at TechLine, affirmed that TechLine was committed to prioritizing the interests of its customers in all its strategic alliances with their partners, whether they are major companies or startups in the financial and banking sectors.

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