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Seamless Middle East 2020: An Exclusive Insight

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Seamless Middle East is an annual event that takes place every year in Dubai, UAE and attracts thousands of practitioners across the Payments, FinTech, Identity Retail and E-commerce communities from across the region.

This year's event took place on 16-17 November and attracted over 10,500 registrations, 4,845 active virtual attendees and 2,436 physical attendees. The event had over 200 sponsors and exhibitors. Participants from 104 countries logged in to the virtual event, including Bahrain, Jordan, Kuwait, Lebanon, Turkey and more.  Most of the attendees came from the United Arab Emirates (58%), India (6%), the United Kingdom (4%), Saudi Arabia (4%) and Egypt (3%).

At this year’s event, ICG MECOS - as one of the key players and industry leaders of business intelligence and solutions - was live at the exhibition, showcasing its advanced tools and software for compliance and risk management.

Mr. Theodoros Kringou, Managing Director of ICGMECOS and Infocredit Group Ltd, contributed with two pre-event presentations that marked the opening of the Seamless Middle East 2020. He explained the importance of conducting KYC and due diligence investigations at the point of client on-boarding in order to avoid  financial and reputational damage. He also presented Infocredit's one-stop solution, the tool, API-one for All. The tool combines business data received from official sources worldwide, with information on regulatory compliance and the transactional behavior of organisations, providing users with the ability to receive comprehensive business data with just one 'click'.


The exhibition and conference participants had the opportunity to view the latest innovations in the payments, retail, ecommerce and fintech sectors and network with solution providers. 79% of the participants were C-level and decision makers, specifically 40% were Board / Executive Management members and 39% were Department Managers. 28% of attendees work for banking and financial service providers and 24% of attendees work for e-commerce marketplaces and platforms.

ICG MECOS enjoyed talking to hundreds of delegates who were interested in credit risk management, as well as in AML and debt recovery solutions, while a great interest overall was expressed in artificial intelligence and machine learning systems.