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Payment modernization is a critical component of digital transformation, a trend that continues to gain momentum, globally as well as regionally pushed by business and consumer demand for better and faster payment services. The changing customer behaviour has led to increase in non-cash transactions as well as customers looking for alternative payment methods. In the Kingdom of Saudi Arabia alone, non-cash payments are expected to reach US$48.9bn in 2023 according to a study by Statista Market Forecast,with an annual growth rate of 12.5%, resulting in in projected total amount of US$78.4bn by 2027. The Kingdom is also enabling the back-end infrastructure of the evolving payment ecosystem, in alignment with growing digital payment need and the objectives of Saudi Vision 2030. It is imperative that financial institutions must work closely with regulatory authorities to provide speedy and efficient payment services and at the same time balance their product proposition as per fast changing payment ecosystem and customer behaviour.
So, how can financial institutions prepare their payment transformation journey and capitalize on the trend towards digital to stay relevant and grow their business by leveraging the regulatory mandates,standardization need and customer demand to their benefit?
During this executive roundtable, participants will hear from industry experts and engage in the discussionto exchange views, ideas, and trends around:
Payments Modernization: The opportunities presented and setting priorities.
Making an impact: How alternative payments and standardization is affecting payment modernizationin the KSA?
The time is now: Leveraging ISO20022 Migration for success.
Market disruptors: Can Payments as a Service simplify the future of payments for banks in KSA?
EVENT SNAPSHOT - KEY INSIGHTS
WHAT TO EXPECT
CONNECT WITH THE BEST
Network and exchange ideas with the most senior C suite and Strategic Leaders
Exclusive Invitation only, closed door executive session with sumptuous food and beverage
EXCLUSIVE BUSINESS EXCHANGE
Maximise your business exchange outcomes with real life practical ideas
AWARD WINNING SOLUTIONS
Witness the innovative solutions that are transforming the banking industry
THE FORUM PANEL
Osama Ben Saleh Bukhari
Alfaris International Group
VP Regional Head, MENA
Head, Solution Consulting – MENA
OUR UNIQUE FORMAT
WHAT BETTER NETWORKING OPPORTUNITY THAN A COPIOUS LUNCH, SERVED WITH A BOTTOMLESS SUPPLY OF DELICIOUS BEVERAGES. DELEGATES CAN EXPECT EXCEPTIONAL SERVICE AND ATTENTION.
OBSERVE AND PARTICIPATE IN HIGHLY FOCUSED AND ENGAGING PANEL DISCUSSIONS WITH YOUR PEERS WHO ARE HAND-PICKED INDUSTRY EXPERTS. HEAR FIRSTHAND FROM SENIOR INDUSTRY PRACTITIONERS ABOUT THE CHALLENGES THAT THEY ARE FACING, HOW THEY ARE PREPARING FOR UPCOMING REGULATIONS AND THEIR BEST PRACTICES THAT ARE MARKET SPECIFIC.
THE SOLUTION PRESENTATION
GET A FRONT ROW SEAT TO AWARD WINNING SOLUTIONS THAT ARE TRANSFORMING DEPARTMENTS AND THE OPPORTUNITY TO ASK KEY QUESTIONS DIRECTLY TO PRODUCT SPECIALISTS AND PRACTITIONERS WHO ARE ACTUALLY USING THE SOLUTION.
NETWORKING & BUSINESS CARD EXCHANGE
WHEN ALL IS SAID AND DONE, DELEGATES WILL HAVE THE OPPORTUNITY TO NETWORK, EXCHANGE BUSINESS CARDS AND ARRANGE FOLLOW UP MEETINGS.
COMPLIMENTARY POST EVENT WEBINAR
ALL DELEGATES WILL HAVE COMPLIMENTARY ACCESS TO FOLLOW UP WEBINARS.
For more information about the event, you can access the full event Agenda here:
JOIN PAYMENTS MODERNIZATION: FORGING AHEAD IN A DIGITAL WORLD
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