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Middle East banking fintech innovation

Award Winners

The Innovators 2026: Middle East

Middle East fintech is rapidly emerging as a government-backed, AI-driven financial hub, reshaping payments, banking, and digital ecosystems
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Reimagining Banking with AI, Cloud, and Design Thinking

Speaking on the sidelines of Global Finance’s 2025 Global Bank Awards in Washington, D.C., Arun Jain—Chairman and Managing Director of Intellect, and Chief Architect of Purple Fabric—outlined a bold vision for what he calls the “fifth wave of banking”: an era defined by AI, Cloud and Design Thinking.
Saeed Assiri, chief innovation officer at Saudi Awwal Bank (SAB)

Winner Insights

SAB’s Blueprint for Tokenized Islamic Finance

Saeed Assiri, chief innovation officer at Saudi Awwal Bank (SAB)—winner of Best Global Financial Innovation for Tokenized Islamic Repo—discusses the bank’s approach to blockchain usage and overcoming the issue of ecosystem coordination.
Financial analyst protecting assets banking systems, digital transactions compliance security automation risk management fintech solutions customer identity performance tracking.

Executive Interviews

Siemens’ Heiko Nix Details the Corporate Treasury Tech Upgrade

Heiko Nix, Global Head of Cash Management and Payments at Siemens, discusses the shift to programmable, 24/7 payment systems, bets on tokenized money for corporate use, and explains how a lack of standardization turned a six-month API integration project into a three-year challenge.
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Leading Innovation and Digital Transformation in Serbia

Digital innovation in retail and SME products and user experience has driven success for Raiffeisen banka a.d. Beograd. Zoran Petrovic, Chairman of the Managing Board, reveals how the bank simplified processes, increased efficiencies, and attracted new clients as part of its bold, ongoing transformation journey.
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