The event commenced with presentations about Driving Strategic Payments Modernization by Domenico Scaffidi, Vice President, Global Industry & Regulatory Affairs from Volante and Leading payment systems and next generation payment services in the region by Max Di Gregorio, Managing Director Financial Services, Accenture that also highlighted the instant payment implementation challenges.

This kickstarted an exciting discussion among the twenty-one banking executives and payments industry leaders with five regional executives from Volante Technologies. Key topics

that were discussed are the implementation of different instant payment schemes while keeping the same level of service to the customers, scaling the cross-boarder payments, the shift towards instant payment and cards schemes replacing cash to have a contactless acceptance in the region.  There was also an exciting debate about how the market will behave and what the consumer wants, how do banks use payments to attract customer and where is the infrastructure heading.

Participants were Ahmed Hamam, Head – Product & Channel Implementation, ADCB, Anand Sampath, Executive Director, Cash Product Management Global Transaction Banking and Tariq Hoodbhoy, Md & Head of Treasury Advisory Global Transaction Banking from FAB, Devid Jegerson, Head of Customer Experience & Platform Development, National Bank of Fujairah, Faisal Imran, Senior Manager – Digital Channels and Shajeeb Hamza, Senior Digital Transformation Officer from ADIB, Max Di Gregorio, Managing Director Financial Services, Hanni El-Sayed, Director, Accenture Strategy Financial Services, Haysam Abouzeid, Technology Consultant from Accenture, Jagadeshwaran K, Managing Director – Treasury and Trade Solutions MENAPT, Citi, Navneet Dave, Regional Managing Director – Processing – GCC, Network International,  Olivier Crespin, CEO, Zand, Onur Ozan, Managing Director/ Regional Head Middle East, North Africa & Turkey, SWIFT, Salim Awan, Managing Director, Magnati, Sameer Nemazie, Director, Cash Products MENA, Standard Chartered Bank, Sanjay Rakesh, Head – Corporate Banking, Zand, Victor Penna, Executive Vice President, GTB Co-head and Vibhor Mundhaba, Senior Vice President Head of Merchant Acquiring Strategic Alliances & Digital Wallets from Mashreq and attended the event were Mohamed Al Ali, Managing Director & Head of Cash Management and Yasmin Imam, Executive Director from FAB. Moderated by Andrew Cover, Director, MEA Finance Magazine

This roundtable had a very knowledgeable and enthusiastic line-up of panelists with full of informative exchanges that was enjoyed by all participants. You can soon find it comprehensively covered in the May 2022 magazine issue MEA Finance magazine and on the MEA Finance website-