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Forum · 2019

Meftech 2019

Self-service banking and payments, taken to the region's banks as a branch that does not close.

Middle East financial technology forum
The AU stand at the forum, with the self-service line-up behind the team.
Identity and distributed ledger work shown alongside the payments portfolio.

Meftech 2019

Meftech is a room full of people deciding what their branch network will look like in five years. That made it the right place to show the thread AU has been pulling since 2007: every year, one more thing a customer used to queue for gets finished by a machine.

The line-up was arranged in that order, from taking cash in, to handing a card over, to accepting a payment anywhere.

On the stand

What we took with us.

01

Bulk note deposit

The category AU introduced to the Kingdom in 2007, where a customer feeds a handful of notes and the machine counts, validates and credits them.

02

Multi function kiosks

The 2016 step, where a kiosk issues a card instantly instead of scheduling a second visit to the branch.

03

TETRA powered terminals

The 2018 generation of payment terminals, connected devices running merchant software rather than card readers with a menu.

04

Acceptance credentials

EMV since 2008 and contactless since 2014, both brought to the Kingdom by AU, with the scheme and local approvals behind them.

On the record

Partners

Diebold Nixdorf, Ingenico

First bulk note ATM in KSA

2007

First EMV in KSA

2008

First contactless in KSA

2014

The recurring question from the floor was the unglamorous one, which is how an estate of these machines stays available once the launch photographs are taken. That is the part AU sells.

Also in the gallery

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