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About Forum

About Forum

The forum is a unique opportunity to benefit from the exchange of experiences between officials and experts specialized in this field at the local, regional and international levels, to raise the efficiency of the Libyan banking system and keep pace with the accelerating developments globally, the most important of which are developments in the field of financial technology.

It is also an important opportunity to shed light on the banking economy and its advantages, introduce the most important services developed in banks and their efficiency, show the economic and social impact that distinguishes them, and meet the desire of those interested, workers and investors in the banking sector to learn about the types of exchange in the banking and financial sector, and provide them with all information related to this. Economic systems, through many events and activities based on interaction and discussion between clients and the invited invitees who are targeted by this comprehensive forum between these institutions.

The forum will discuss a number of important issues. The forum will also witness the presentation of working papers and in-depth discussion sessions conducted by a selected and distinguished group of experts and lecturers specialized in all themes.

Forum Axes

• Artificial Intelligence:
The ability of any machine to imitate human behavior in a graceful or intelligent way is indicated by artificial intelligence. They are often classified into two types: applied artificial intelligence and general artificial intelligence. Applied artificial intelligence is more human-like and is expected to have properties similar to those of humans. It can be understood as a smart and intuitive system that meets specific needs or demands. On the contrary, general artificial intelligence shows some powerful and powerful aspects of human intelligence, making it eligible to perform human tasks.

• Internet of Things:
In simple language, the IoT concept deals with connecting any device to a turn-on and off switch on the web (they can also be connected), and these devices referred to can consist of everything from mobile phones, coffee machines, automatic washing machines, headphones, lamps, wearables and anything else you might think of. The Internet of Things is a huge network that connects “things” (which may also include humans) and this connection between man-human, human objects, along with the object-body is likely.

• Machine Learning:
Machine learning can be understood as a subset of artificial intelligence. It is the technology behind ai’s capabilities in carrying out the most famous tasks such as natural language processing (NLP), image recognition and many more. This technique is the practice of using unique algorithms to solve and sort data, and its mission is not only to analyze data, but also to learn more about the type of data as it is sorted, and then come up with a prediction or suggestion about what data it was

Digital payment, sometimes called electronic payment,
is the transfer of value from one payment account to
another using a digital device or channel.
This definition may include payments made by bank
transfers, mobile money, QR codes, and payment
instruments such as credit, debit and prepaid cards.
Digital payments can be partially digital, basic digital,
or fully digital.
1- Partially digital payment :
It may be a system where both the payer and the
payee use cash via external agents, where payment
providers transfer digital payment between agents .
2- Basic Digital Payment
They may be those where the payer initiates
payment digitally to an agent who receives it digitally,
but the beneficiary receives the payment in cash
from that agent.
3- Fully digital payment
It is the way in which the payer initiates payment digitally to the beneficiary who receives it digitally, and then it
is retained and spent digitally.
Trends in the sector will be highlighted through
presentations and discussions with senior executives
involved in the financial and technology sector,
gradually moving towards the provision of high-quality
and guaranteed banking services and risk avoidance.

Cybersecurity is the protection of internet-connected systems such as hardware, software, and data from
cyber threats, as this practice is used by individuals and organizations to protect against unauthorized
access to data centers and other computerized systems.
A robust cybersecurity strategy can provide a good security posture against malicious attacks designed to
access, change, delete, destroy, or extort enterprise or user systems and sensitive data. Cybersecurity is also
useful in preventing attacks aimed at disrupting or disrupting system or device operations.
Why is cybersecurity important?
With the increasing number of users, hardware and software in modern organizations, along with the
increasing amount of data as much of it is sensitive or confidential, which has increased the importance of
cybersecurity in growth.
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Through the forum, we will work to introduce the
latest solutions and systems available worldwide
and highlight successful experiences in this field,
and it is not possible in the future to enter into the
adventure of using technology in isolation from
ensuring cybersecurity that ensures safety

Within the framework of what the financial and banking sector in Libya is witnessing in terms of
rehabilitation, development and openness to the world, and considering that the ownership structures in
banks are of a different nature from other institutions, and to ensure the proper disposal of the funds of
depositors and shareholders, and are finally considered guarantors for their customers and partners at
home and abroad, and in order to complete the rehabilitation project of the sector in accordance with
international standards, it has become necessary to strengthen the foundations of good governance and
enhance transparency to support confidence locally and internationally, so that the banking sector is a
locomotive for development and a motive. to invest and promote economic development

Because its strategic location, Libya has played throughout the ages the role of an important trade bridge
between East and West Africa and the Sahel region in particular, and a gateway for the northern
Mediterranean countries towards Africa through the Sahel and the Sahara, and the world has been
witnessing since the end of the last century a great development in the field of development by relying on
small, medium and craft projects with high added value, and technological development contributed to
strengthening this segment and enabling it to sweep new markets and achieve high growth rates,
Since the Libyan people have a long tradition in trade in the region, which makes the field of investment in
small and medium enterprises one of the tributaries of the economic development of Libya and requires
everyone to accompany this sector until it turns into one of the pillars of development, investment, renewal
and innovation through the development of a national industry, whether for the local market or for export
to the Arab and African markets, through the valorization of Libyan young energies that only need
supervision, guidance and accompaniment to prepare a new generation of entrepreneurs.
The forum will address pioneering experiences in the field of supporting the initiative and developing small
and medium enterprises and presenting views, challenges and solutions that suit the Libyan environment.

Accompanying Activities

It is held on the sidelines of the forum in the same hotel
• An exhibition for participants to showcase their services or to entities and services related to banks or their services.
• Seminar (its theme is defined, coordinated and prepared with the organizer by the main sponsor and sponsor).
• One or more workshops (their topics are determined by a supporter or sponsor).
• A short training course (coordinated and prepared with a supporter or sponsor).

Objectives of the Forum

• The Forum provides opportunities to launch new businesses and services for the purpose of business development and promotion of related brands.
• Provide banks, insurance companies and services accompanying the sector to potential customers, partners, investors, and other relevant individuals or organizations.
• Attracting potential investors to the Libyan market and to the competencies of Libyan youth.
• Collect several banks and accompanying sectors in one place.
• Provide a meeting point that offers many opportunities.
• Building international and local relations.

Target Audience of the Forum

• All banks operating in Libya and foreign banks
• Exchange companies.
• Insurance Companies
• IT Companies and Technology Services
• Telecommunications companies
• Competent and interested external parties to attend the forum
• Libyan and foreign investment bodies and institutions
• Accredited Government Ministries