In line with its progressive efforts to promote digital transformation and financial inclusion within the banking sector, and to align with international best practices in the Artificial Intelligence (AI) technologies, the Central Bank of Egypt (CBE) is participating in the 12th edition of the Digital Payment, Financial Inclusion, and Digital Banking (PAFIX) International Conference and Exhibition. Held under the auspices of the CBE, PAFIX will take place in parallel with the “Cairo ICT” Fair and Forum from November 16 to 19, 2025.
In this regard, H.E. Mr. Hassan Abdalla, Governor of the CBE, highlighted that the CBE is keen to participate in this annual event, recognizing it as a distinguished platform for exchanging views and insights on digital transformation in financial and banking services, which comes at the forefront of Egypt’s priorities.
Mr. Abdalla further emphasized that the CBE is committed to keeping pace with the latest technological developments, particularly in the areas of FinTech and AI innovations. He also underscored the CBE’s efforts to advance and harness digital payment systems and services that provide convenient and swift banking services to citizens, while adhering to best international standards that ensure the safeguarding of all financial transactions.
During the official opening of the Cairo ICT, H.E. Dr. Mostafa Madbouly, the Prime Minister, visited the CBE’s pavilion, where he was briefed on the CBE’s key strategic projects and initiatives in the industries of AI technologies, FinTech, and electronic payment systems and services, as well as their role in enhancing financial services and promoting financial inclusion. A detailed presentation was provided on the services that will be availed through the “Digital Financial Identity” platform (Haweya), along with a demonstration of the remote customer identification process for opening bank accounts. Notably, this platform enables banks and financial service providers to conduct electronic Know Your Customer (e-KYC) verification, and allows the customers to open bank accounts and access digital services securely and swiftly, without the need to visit banks’ branches.
The CBE’s pavilion at this year’s edition features various activations and events, including an educational showcase on the historical evolution of financial transactions over time. It also hosts a series of panel discussions, with the participation of representatives from banks, FinTech companies, and entrepreneurs, on the future of digital transformation and the latest trends in FinTech. Additionally, special interactive activations are taking place in the pavilion’s “InstaPay” designated area.
Senior officials from the CBE are scheduled to participate on Monday and Tuesday in the conference sessions, which cover various key topics and critical issues, including unprecedented global shifts in the banking industry as well as the profound impact of emerging technological solutions – particularly AI technologies – on the roles, systems, and infrastructure governing this sector and its related services. The sessions will be attended by a distinguished group of banks’ heads and executives, officials from entities and institutions specializing in FinTech and digital payments, in addition to international experts and analysts engaged with the latest developments in FinTech innovations, electronic payment systems, and financial inclusion.
