Thursday, 26 May 2022
3pm South Africa Time

Rapid Payments and Modernisation

In partnership with

Why attend

In 2018, the South African Reserve Bank (SARB), which is legally responsible for the country’s payments infrastructure, published the National Payment System Framework and Strategy - Vision 2025, which outlines the key goals for the national payments industry.

The SARB is expecting consumers and businesses to have more trust in, and familiarity with, electronic payments by 2025. To realise this vision, it’s calling on industry stakeholders to collaborate to ensure the safety, efficiency, integrity, transparency, and accessibility of the country’s national payment system (NPS).

BankServAfrica, in partnership with the Payments Association of South Africa and the Banking Association of South Africa, has developed the Rapid Payments Programme (RPP), set to go live this year is an inter-banking system poised to revolutionize digital transactions.

This discussion will cover:

📌 Cloud Technology influencing; time to market, cost of optimization, management of operational risk
📌 Real Time Payments; RRP, cost-effective, real-time payment functionality
📌 ISO adoption – SAMOS, EFT; South Africa will soon bring ISO 20022-based modernization to existing domestic systems, like SAMOS and EFT. We'll discuss opportunities for real-time payments and ISO 20022 to accelerate the growth of electronic payments

The key take-aways

Cloud Technology for time to market, cost of optimization, management of operational risk

Real Time Payments; RRP, cost-effective, real-time payment functionality

ISO adoption – SAMOS, EFT

And many more.

The webinar panel

Click to view full speaker details

Rufaida Banoobhai, Group Head of Payments | INVESTEC

A highly motivated and successful Information Technology Strategist and Payments specialist, I have more than 20 years of progressive leadership in the financial services and technology sector (more than 14 years at the executive level). I thrive on transforming problematic technology and business operations into streamlined, cost-effective technological infrastructure that fully support strategic business objectives and future innovation. I consider myself fortunate to have developed my career within companies like Investec, where my passion and aptitude for technological innovation and business transformation are both encouraged and celebrated.

Finance and Information Technology are constantly evolving, and I continually challenge myself to remain at the forefront of developments in both sectors, especially as relates to banking and payments infrastructure. I have extensive experience working, speaking and consulting internationally, in addition to directing diverse teams of technical and subject matter experts.

Passionate about uplifting and encouraging women in both the IT and Financial industries, I'm proud to work for an organization that celebrates diversity and inclusion and makes investing in women a priority. I've recently pioneered a new programme for women within the organizing, creating a welcoming, engaging space for emerging female leaders to create empowering dialogue while developing their leadership skills. I'm tremendously proud of the community we're building, and the opportunities we're creating. If you'd like to learn more or be involved, I invite you to reach out to me directly.

Marijke Guest, CIO: Corporate Investment Banking and Group Technology Executive: Enterprise Payments | NEDBANK

Marijke Guest currently serves as the Group Technology Executive accountable for all enterprise payment enablement as well as the CIO for Corporate and Investment Banking in Nedbank. In her capacity as payment enabler she owns the technical transformation, innovation and maintenance of Domestic Payments, Global Payments, Card, Loyalty and Rewards, Nedfleet, Realtime Payments and Cash for all regions and segments.

Prior to leading this division Ms. Guest was the lead for Card Issuing and Acquiring enablement and the Authenticated Collections program in Nedbank. Ms. Guest has been with Nedbank since 2002 fulfilling many roles; from serving as the lead process engineer on the SwissCard international program to implementing complex payment modernization and transformation capabilities across the bank as well as being a PASA Council member. Ms. Guest holds an MBA and brings almost three decades of experience in Payments.

Simon Just, Head Payments (Group) | STANDARD BANK GROUP

Experienced retail banking, card, payments and ventures executive with management consulting and technology advisory experience.

Ravi Shunmugam, CEO, EFT Product House | FNB SOUTH AFRICA

Maurits Pretorius, Chief Strategy Officer | PAYMENTS ASSOCIATION OF SOUTH AFRICA (PASA)

Maurits Pretorius has 26+ years of experience in strategy development, strategic transformation and organizational turnarounds, resulting in corporate up to industry change. During his career he has worked in strategy consulting, human resources and lectured on a part time basis at two prominent South African tertiary institutions. His experience spans financial services and hi-tec manufacturing and he was privileged to learn from- and contribute in large, complex organisational changes in both sectors. He has put some of this experience to paper when he co-authored the strategy field-book “Viable Business Strategies”.

As a practicing strategist and registered organisational psychologist, his interest lies in strategy work, complexity theory and systems thinking and also organisational effectiveness, specifically related to areas like organizational design, organisational change, leadership development and coaching. He has facilitated and supported strategy and change at all levels - from programme and business unit level to organisational and C-suite level and currently also industry level. His experience also includes several large-group techniques used for rapid mobilization of broad based strategic change.

His skills, together with fact based strategy work, executed from a solid commercial understanding of the banking sector, allows him to comprehensively support strategic change in this sector and deal with the ever increasing complexity in both the performance and health domains of these businesses.

He is currently Chief Strategy Officer at PASA where he applies these skills on an industry level and in support of the National Payment System (NPS). He currently acts as strategist, catalyst, advocate and project owner for a number of payments systems transformations in South Africa, including the implementation of a low cost real time payment system (initially known as Project Future and now continuing as the Rapid Payments Initiative) and an authenticated debit order system (DebiCheck). He is deeply involved with the plotting and execution of an industry wide payments modernisation roadmap and the establishment of a more inclusive payments industry body. The nature of this work requires cross industry collaboration with organisations like BankserveAfrica and key regulators like the South African Reserve Bank and the FSCA.

Domenico Scaffidi, VP Global Industry & Regulatory Affairs | VOLANTE TECHNOLOGIES

Domenico Scaffidi is the Business Development Director and Market Infrastructure Expert for EMEA at Volante Technologies.

He has over 25 years’ experience guiding and supporting financial Institutions, PSPs, central banks, and central infrastructures in the fields of instant and real-time payments, cross-border payments and helping to improve liquidity and settlement management.

Dome is a member of the Standard Advisory Panel (SAP) at the Bank of England, and has been a member of various working groups and task forces within the ECB European Central Bank (ECB) and European Banking Authority (EBA) helping to shape and influence payments standards in the UK and Europe.

Dome has worked extensively in both fintech and banking, including as Head of the Payment Systems and International Business Applications for the International Cooperative Banks.

Download the Webinar

This webinar is in partnership with

We are a global financial technology company, with two decades of experience serving as trusted strategic partners for financial institutions of all sizes.

We help our clients become more competitive by simplifying their systems and processes so they can stay ahead of emerging market trends. We help them accelerate digital transformation and modernization and deliver a superior experience so that they can grow their business and become leaders in their markets.

Our solutions for payments and financial messaging automation are mission-critical. They power some of the world’s largest banks, market infrastructures, exchanges, clearinghouses, and card networks. Trillions of dollars move through our systems on a daily basis. For just one of our clients, we process over 800 million transactions a day. Everything we offer is available on-premises or in the cloud.

Today, Volante operates worldwide, serving 100+ customers in over 35 countries. We are a privately held firm and a Delaware corporation. Our global headquarters are in Jersey City, NJ, with regional offices in London, Dubai, Mexico City, Bogota, Santiago, Chennai, Hyderabad and Pune.

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