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Technology 1 min read 35 views

Regional Banking Leaders Explore Future Trends in Payments Technology at Mastercard MENA Leadership Forum 2018

New and forthcoming in settlements, shopping, digital, safety and security, and modern technologies took center stage at the 2nd edition of the Mastercard MENA Management Forum hung on March 5 in Paris, France, under the theme, 'Partnering for Success, Future-Proofing Development.'

Hosted by Mastercard, a leading technology company in the global repayments industry, the forum combined almost 70 senior leaders from top banks in the region and Mastercard to discover brand-new areas of cooperation to more drive innovation in repayments, and determine possibilities for development. Including an outstanding line-up of speakers, the global thought management platform clarified just how digital change is affecting all aspects of the wider financial industry.

" In a world of accelerating change, businesses across sectors are regularly influenced by the developing requirements of the market. With transforming purchasing actions and choices, brand-new collections of consumers are emerging. Furthermore, while the governing setting continuouslies undergo reforms, the settlements protection landscape is expanding bigger every day," claimed Khalid Elgibali, Department President, Middle East and North Africa, Mastercard.

"While the more pronounced impact is felt in the banking and financial services industry, modern technology and innovation offer us remedies to conquer these difficulties and profit from the opportunities. The different discussions at the Mastercard MENA Leadership Forum brought to the fore a number of usual motifs, consisting of a higher requirement for partnership and innovation to drive vital adjustment in the industry," he added.

In addition to the insightful sessions, Mastercard's banking companions were recognized for their initiatives in driving advancements in repayments technology in their respective markets across twelve award classifications concentrating on products and options, security and safety, loyalty and advertising programs, and more.

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