Intelligent CIO Middle East Issue 104 | Page 19

NEWS

SAS Innovate on Tour Istanbul staged in partnership with Intel and Microsoft

SAS , a provider in analytics , presented the premier data and AI experience for business leaders , technical users , and SAS partners in Türkiye . SAS Innovate , the company ’ s global flagship event is on tour this year – it began at Las Vegas and made its way across key hubs of innovation around the world . It made a stop at the prestigious Çırağan Palace Kempinski in Istanbul in May .

When it comes to learning how to build value with AI and making an impact , SAS Innovate on Tour Istanbul served as the perfect platform .
This in-person event featured a wide spectrum of captivating sessions , including in-depth breakouts , interactive roundtables , hands-on workshops and engaging live demos .
SAS Innovate on Tour Istanbul attendees heard authentic stories of how SAS customers and partners use AI and analytics to optimise their business , manage risk , fight fraud , enhance customer relationships , and more . Inspiring speakers from renowned organisations from across the Middle East , Türkiye , and Africa shared tips and best practices for AI integration and demonstrated the real-world benefits that SAS analytics and AI bring to the table .
SAS experts took the stage to examine market trends and discuss the company ’ s efforts to maximise the value of existing business investments .
In addition to staying up to date on the latest advancements in analytics and AI , SAS Innovate on Tour Istanbul participants also had actual hands-on time with the technology while exploring with specialists in the field how SAS can support their organisations in realising success faster .
SAS Innovate on Tour Istanbul was presented by SAS in partnership with Intel and Microsoft .
Together , SAS and its partners put data and AI to work and deliver insights that scale decision making , outpace the change and outperform competition .

Open banking provider , Fintech Galaxy announces partnership with Yabx

Fintech Galaxy , an Open Banking and financial innovation company , has announced a strategic partnership with Yabx , a provider in alternate data-based lending and loan portfolio management for underserved segments of the population . Yabx will leverage Fintech Galaxy ’ s FINX Connect to enhance SME lending , collections , and customer onboarding processes to move the needle of financial inclusion .

By using Fintech Galaxy ’ s FINX Connect , Yabx will streamline and secure the digital lending process . Benefiting from access to real-time financial data directly from MENA banks and financial institutions through a single API , Yabx will be able to assess creditworthiness , provide more accurate lending decisions , offer personalised loan services , and speed up loan approvals .
This partnership between Yabx and Fintech Galaxy heralds a new dawn for digital lending in the MENA region , promising :
Enhanced Access to Financial Services : The platform will make digital lending solutions more accessible and reaching those typically excluded from traditional financial systems
Streamlined Lending : Extensive use case coverage , and proficiency in digital lending , Yabx will streamline credit assessments and speed up loan approvals , providing a more efficient lending experience .
Optimisation of Lending Processes : Optimisation of lending processes will improve the recovery of outstanding debts by up to 30 %, according to historical data from similar integrations .
Rajat Dayal , CEO of Yabx highlighted , “ Through this partnership , we aim to optimise our processes , enhance customer experience , and drive financial inclusion across the MENA region .
Our collaboration with Fintech Galaxy is expected to give a strategic advantage to the lending programs we plan to launch in this region for unsecured retail and SME lending .”
Yabx revolutionizes credit accessibility in emerging markets through its cloudbased lending platform . By leveraging digital footprints , AI , and diverse data partnerships , Yabx provides personalised credit scores and limits to underserved individuals and businesses . p
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