Programme

09:00 - 09:30
WELCOME ADDRESS AND KEYNOTE SPEECH
09:30 - 10:30
PAYMENTS PROCESSING IN THE DIGITAL AGE
Looking at digital payments, real time payments, open banking and other payment innovations our panel will discuss the implications for corporates, banks and consumers. What are the collaboration essentials, including regulators, industry participants, legacy players and fintechs that will help participants bring new payments innovation to the Middle East? Are there any current obstacles?
Sonny Zulu, Managing Director, Retail Banking, UAE, Standard Chartered
Craig Ramsey, VP, Head of Real-Time Payments, ACI Worldwide
10:30 - 10:50
INNOVATION CHALLENGE
10:50 - 11:20
BREAK

Coffee Break Sponsor - Ahli United Kuwait


11:20 - 12:20
THE FUTURE OF ISLAMIC FINANCE
Digitalization of Islamic Finance and the development of new digital channels creates cross-selling opportunities and provides opportunities to deliver services to the underbanked. What role can fintechs take? What technologies will add the greatest value and what are the partnering considerations for Islamic Banks? Are Islamic financial institutions (IFIs) innovating and adopting digital banking and fintech? Or have some been slow to embrace the future? What are the opportunities for IFIs in embracing fintech?
Mohamed Damak, Global Head of Islamic Finance, S&P Global Ratings
Mark Chahwan, Co-founder and CEO of Sarwa
12:20 - 13:00
THE POWER OF DATA
During the first half of our digital debate on data the panel will assess how banks handle their data and that of third parties to benefit themselves and their customers. What are the merits of data sharing, data storage and advanced analytics? What are the biggest threats to data and how can banks convince clients that the value created with data is worth the risk? These are just a few of the questions that will be discussed during the first part of our interactive digital debate.
George Stoyanov, Partner, Transformation Advisory, Grant Thornton UAE
13:00 - 14:00
LUNCH
14:00 - 14:10
INNOVATION CHALLENGE
14:10 - 15:10
DITCHING PAPER FOR BYTES
Despite the promise of increased transparency, limiting fraud and cutting time and costs, corporates have been slow to take up digital trade finance services. This panel of bankers and corporates will discuss why this is and what needs to be done before corporates embrace digital solutions, such as blockchain, bank payment obligations and ISO 20022 standards for electronic data interchange. What is the new technology and where are banks investing? How can banks help digitize trade finance when different parties have different levels of capabilities and technological sophistication and what if certain jurisdictions don’t accept the validity of electronic signatures?
Motasim Iqbal, Head, Transaction Banking UAE, Standard Chartered
15:10 - 15:50
PROMOTING FINTECH GROWTH
What are the regulatory hurdles and who are the regulatory heroes in the Middle East? What regulations and regulatory bodies are encouraging entrepreneurial culture to help attract and grow fintechs and how can these efforts coincide with other efforts to develop an innovation ecosystem, such as, launching accelerators and innovation hubs and getting the right funding in place at the right time? What are the rising fintech hub centres in the Middle East? Which financial centres are competing to attract fintechs? What is happening, who is leading and what incentives are on offer? To include insights into managing cross border compliance and tips on developing a strong risk and compliance culture.
Veenu Mittal, Partner at Grant Thornton
Abdulla Almoayed, CEO of Almoayed Technologies
Sam Quawasmi, Co-CEO and Co-founder of Eureeca
15:50 - 16:10
BREAK

Coffee Break Sponsor - Ahli United Kuwait


16:10 - 16:20
INNOVATION CHALLENGE
16:20 - 16:50
THE RISE OF THE BOTS
What to do with all that data? The second half of our digital debate on data will look to see how artificial intelligence (AI) and machine learning (ML) are redefining banking. What are the risks and rewards of both AI and ML? How can banks improve both back end efficiencies and user experience with cognitive computing? What steps should banks take to make the most of AI initiatives? How do you create the perfect chatbot experience?
Sridhar Iyer, Head of Marketing and Head of Mashreq NEO, Mashreq
16:50 - 17:00
INNOVATION CHALLENGE WINNER PRESENTATION

Conference producer

Gilly Wright
gwright@gfmag.com