On behalf of the President of the University, Professor Dr. Osama Nusier, the Vice President of the University for Financial Affairs and Investment, Professor Dr. Marai Bani Khaled, and in the presence of the Dean of the Faculty of Business, Professor Dr. Turki Al-Fawaz, sponsored the celebration organized by the College - Department of Finance and Banks on the Scientific Day of Financial Technology entitled "Financial Innovation: Reality and Challenges", with the participation of a number of partners from official financial institutions, the banking and economic sector, supporters, faculty members and students, in the Al-Bakhit Amphitheater at the University.

The representative of the President of the University, Professor Dr. Marai Bani Khaled, stated the University's keenness to support intellectual thought and promote a culture of innovation, and to keep pace with the rapid transformations in the field of economy, finance and modern technologies, pointing out that the Scientific Day is in line with the national directions and vision led by His Majesty King Abdullah II Ibn Al-Hussein the Great and the pioneering role of His Highness the Crown Prince, which places digital transformation and the knowledge economy at the heart of the comprehensive development path to enhance competitiveness, support youth and empower them technologically. Bani Khaled also expressed the University's pride in hosting experts and specialists and linking theoretical knowledge with practical application, explaining the University's commitment to graduating a group that possesses technological insight to be partners in economic decision-making.

The Dean of the College, Professor Dr. Turki Al-Fawaz, indicated in his speech the College's commitment to keeping pace with the rapid transformations in the financial sector and linking knowledge to the formation of financial and banking systems. He also pointed out the College's keenness to prepare qualified cadres to interact with the requirements of the labor market, noting that the Scientific Day brings together experts from the financial sector and financial technology companies to enhance awareness and build more bridges of cooperation between the University and other sectors.

The Head of the Department of Finance and Banks, Professor Dr. Dhaif Allah Alimat, stated that the academic responsibility is great, requiring the integration of financial technology, risk management, investment strategies and economic analysis to update the educational content, so this day came full of motivation to encourage students to scientific creativity and a catalyst for ideas.

The Scientific Day included organizing a qualitative initiative through the donation of a number of trees, decorations and flowers by Al-Taqwa and Al-Afif nurseries, which the college family planted in the college garden with the aim of beautifying the college entrance and courtyards, and holding a scientific seminar and academic activity to talk about a number of scientific topics during which experts and specialists from a number of financial and banking institutions were hosted to hold scientific sessions in financial technology.

In the first session, which was entitled A Journey in Payment Systems and Financial Innovation and an introductory session about JoPaq and Join, which was presented and managed by Professor Dr. Mahmoud Jaradat, Maha Al-Bahu, Director of JoPaq, spoke, presenting a valuable summary of the Jordanian Payment Services Company, where Al-Bahu pointed out the Central Bank's strategy in its policies regarding monetary policy, a sound economy, supervision of the banking and financial system, and supervision of النقاص and electronic payment. She also explained retail and wholesale payments and how the private sector contributes. She also pointed to the future development of financial technology and the development of an incubator for financial innovation and market needs, its challenges and priorities, and future challenges.

In the second session, which was presented and managed by Professor Dr. Ghazi Ruqibat, Dr. Abdul Rahman Al-Ababneh, Assistant Director of the Financial Technology and Innovation Center at the Central Bank, spoke in a scientific intervention on leading financial innovation and the role of the Central Bank in developing the financial technology and innovation environment about the goals and tasks of the Central Bank and its implications for financial stability, and what it aims for in financial stability and drawing monetary policies by taking advantage of technology and the uses of artificial intelligence, leading digital transformation and enhancing the presence of banking banks safely and effectively.

In the third session, which was presented and managed by Professor Dr. Ahmed Al-Khazali, in a scientific intervention on the role of cybersecurity in financial technology, the Deputy Director of the Information Systems Department at the Arab Islamic International Bank, Muhammad Kamel, spoke, where he explained the definition of the concept of financial technology and what it aims for and what are the risks of penetration, as well as the role of cybersecurity in applying security solutions to confront this penetration and full and complete protection.

At the conclusion of the Scientific Day, the representative of the President of the University, the sponsor of the ceremony, Dr. Al-Fawaz, and Dr. Dhaif Allah Alimat honored the lecturers, participants, partners and supporters with shields and honorary awards.