KPMG – Saudi Arabia Tech Report: Financial Services Insights, Jun 2025
The main theme of the report is the analysis of the impact of digital innovations on Saudi Arabia's financial sector.
Key findings include high inflation, geopolitical pressures, and regulatory challenges creating difficulties for businesses in the financial sector. Interest rate volatility is reducing consumer spending and asset productivity. Technologies play a key role in overcoming these challenges, with 87% of financial services executives in the Kingdom considering generative AI a priority investment. Companies that can implement digital transformation will gain a competitive advantage. The report emphasizes the importance of using advanced technologies and modernizing architecture to improve customer experience and enhance operational efficiency.
