7 Nov 2019, Dubai, UAE
“Competition for customer trust from non-banks with a tech advantage, the past, present and the future”.
Presentation by Dušan Stojanović, Venture capitalist, leading investor in distributed ledger technologies; founder and director, True Global Ventures 3 and
“Trade war and its impact on AI-influenced financial services”
Presentation by Edgar Perez, Global Expert AI, Cybersecurity; Author of the best Bestselling books including: “The AI Breakthrough”, “Knightmare on Wall Street” and “The Speed Traders”.
This annual meeting is an intense dialogue involving CROs and heads of transaction banking from financial institutions across the Middle East and Africa, as they share their opinions and insights on the following topics covering a comprehensive range of key issues on leading best practices in the industry:
US-China trade war and new trends in globalization – MEA’s response to the shifts in global politics as well as trade patterns
One Belt One Road – a strong demand for enhanced cross-border and regional financial infrastructure and services
Fulfilling customer demands while complying with local and global regulations and adapting to geopolitical change
Instant cross-border payments and transactions – the breakthroughs that need to happen in lowering technology and foreign exchange costs and improving speed of delivery
Instant cross-border payments and transactions - the breakthroughs that need to happen in lowering technology costs, foreign exchange costs and speed of delivery
Correspondent banking in a decentralised world – implication of Open Banking, application programming interface (API) and blockchain
Cyberattacks caused by vulnerabilities in shared banking systems and third-party networks. Importance of privacy in an era of innovation and automation
Blockchain making larger waves in the finance sector and enhancing the digital ecosystem
Trust becoming the most important factor in the digital economy
Latest updates on key developments in transaction finance and risk management
Key findings from the awards programme
The introduction of futuristic technologies, digital transformation, API, open banking and blockchain have revolutionised the payments landscape. And while the cross-border payments industry is being affected by all that, merchants from small shops to multinational companies, on the other hand, have a lot to gain by offering their customers a new variety of payment options.
In this session, a panel of experts and thought leaders will discuss the trends, initiatives and directives of the cross-border payments making an impact in global transaction banking and financial services.
Regulations such as PSD2, which endorse Open Banking and APIs, have precipitated the entry of fintechs and non-bank service providers into the payments space. Does this signal greater competition or opportunities for collaboration?
The case for building proprietary supply chain platforms and ecosystems – Can’t you just join one?
Demystifying blockchain – New crypto currencies making breakthroughs in the payments landscape
SWIFT GPI (Global Payments Innovation) – Is it delivering on the promises and was it able to overcome the challenges?
One year down the line – Progress made by the GDPR
ISO 20022- prevent truncated data and know your transaction
This international council is made up of decision makers from local banks, startups, unicorns, and peer-to-peer (P2P) players, as well as investors from the region. The Council will:
Exchange views between investors (both traditional banks as well as private equity players and the major start up accelerators) on the key future of finance themes developing in the MEA region
Get a glimpse of the “investible ideas” emerging in the region
Have a glimpse of the breakthrough innovations in banks and traditional institutions
The rise in investment funds, angel and venture capitalism
The rise in investment funds, angel and venture capitalism
The risks and statistics of startup failures
Laws and regulations to drive innovation while ensuring secure P2P lending and development of the digital economy
How banks incubate a startup in their midst
Big Data / Artificial Intelligence / Machine Learning
Payments / Lending
Investments / Wealth Management
The Council will converge to hear from the best-in-class innovation cases and select the top innovative startup
Compliance with anti-money laundering (AML), know your customer (KYC), and combating the financing of terrorism (CFT) rules are essential to a stable financial system. Although many have adopted a culture of “compliance”, derisking practices have already cut off smaller players, including financial technologies (fintechs). In this session, experienced industry professionals will share how compliance and technology are merging to combat financial crime.
Scaling up regtech to strengthen KYC, AML and CFT practices
Innovative solutions for KYC, AML, third-party risk and sanction regimes and best practices to prevent financial crime
Ensuring compliance amidst constantly-changing regulations
Safety and soundness
- Moving beyond AML/CFT
- Ensuring Cyber Security and Data Privacy
- Implications of GDPR
- General data protection regulation
Leveraging regulatory data and reporting to build customer value and competitiveness
Safety and soundness – Two sides of the coin: rationalising profitable relationships and leveraging tech to solve the AML/CTF compliance conundrum
Without a doubt, 2019 has been a rocky year for financial services, with political upheavals, economic uncertainty and planning for numerous technological changes coming into effect in the year. Digitalisation and data will dominate alongside robotic process automation, artificial intelligence (AI) and blockchain, making larger waves in the sector and paving the way for uncapped growth and innovation.
A data future
The rise of AI and robots
New crypto-currencies making waves in the industry