Economy, Business And Markets

Arab Bankers to Meet in Dubai

Arab Bankers to Meet in Dubai Arab Bankers to Meet in Dubai

More than 450 bankers from [Persian] Gulf Cooperation Council member states will come together next month at a leading banking technology and innovation event in Dubai this month.

The Fifth Middle East Banking Innovation Summit will take place on Sep. 14-15 at the Sofitel, The Palm Resort and Spa, Dubai, Trade Arabia reported Tuesday.

 With innovation as the focal point, banks are reinventing themselves and investing heavily in technology to deliver new-age banking solutions to consumers. The region’s banking and financial services sector is well poised for an overhaul.

With over 40 sponsors and more than 30 top local and international industry experts providing insights into the banking innovation sector, this annual summit will be even bigger than the previous years.

Marcello Baricordi, general manager UAE and global accounts lead at Visa, MENA, said: “Innovation is what keeps industries thriving, which is why events like the Middle East Banking Innovation Summit are vital for our sectors and their evolution.

“At a time when cities are getting smarter and the population becomes more technologically adept, banks and payment providers must stay updated on digital trends and developments in order to achieve success.

“Visa’s participation in this event shows our commitment to our financial partners and dedication to delivering secure payments built on cutting-edge technology.”

The summit will feature more than 20 keynote sessions and panel discussions on pressing issues and trends pertaining to the banking technology domain globally as well as in the Middle East, and will involve experts Gary Collins, head – Mobile Banking, Westpac Pacific; Baricordi; Paolo Barbesino, senior VP, head of Digital - CEE Retail, UniCredit Bank Austria; Kartik Taneja, global head - Credit Cards, Standard Chartered Bank, Singapore; Warren Cammack, head of Innovation, Vietnam International Bank; and Pedro Cardoso, head of Multichannel and CRM, Emirates NBD.