JoPACC Kicks off the First Program of Its Newly Launched Future Fintech Disruptors Academy

The Jordan Payments and Clearing Company (JoPACC), through its fintech incubator; JOIN Fincubator, launched the first program of the newly launched “Future Fintech Disruptors Academy” specifically designed for the junior to mid-level staff of financial institutions. Over the course of 5 weeks, participants will be immersed in emerging topics and technologies, equipping them with the necessary tools to tackle challenges and stay ahead of the curve. This strategic initiative aligns with the objectives of JOIN Fincubator, which strives to provide access to fintech expertise and foster open dialogue amongst all stakeholders in the financial services ecosystem.

The first in-person session titled “Business Model Canvas and Problem Statement” took place in the Association of Banks in Jordan, and saw 34 participants from (12) banks, come together to kick off the 5-week program. In the upcoming 4 weeks, the program will transition into online sessions, where industry-led experts from Software AG, and TSME will provide participants with in-depth sessions covering the below topics:

• Strategies for API Utilization in an Open Banking Ecosystem
• Examining the application of Artificial Intelligence (AI) and Machine Learning (ML) in Finance, with a focus on various use cases; and the connection between APIs and AI.
• Environmental, Social, and Governance (ESG) Considerations and Green Finance
• Exploring Regulatory Technology (RegTech)

It is worth noting that the Future Fintech Disruptors Academy was designed for university students and junior to mid-level staff members of financial institutions in Jordan, to educate these groups about emerging topics and technologies, and the challenges they entail, all while providing a platform that fosters creative solutions to tackle these challenges. In addition, Future Fintech Disruptors Academy, launched in collaboration with Software AG and TSME, is a testament that collaborative efforts are paramount in cultivating the upcoming generation of financial leaders and equipping them with practical competencies essential for excelling in the workforce.