About the Event
Payments Virtual Roundtable
Payments Virtual Roundtable
Scale Digital With Purpose: Transforming Payments for a Post Pandemic Egypt
Covid-19 has accelerated cashless economies globally, and this is no different in Egypt – the consumers and corporates are accelerating digital payment methods adoption like never before. This, even as real-time payments initiatives, evolving market infrastructures, and open banking paradigms, further catalyze payments dynamics within the region and beyond. The digital technology will significantly shake up the payments competitive landscape, and will further lead to decline in cash usage, give rise to rapid growth in digital commerce, and innovative alternative payment methods will also evolve – all creating new horizons for customers across segments, and the value chain participants. Improved experiences, full transparency into payments transactions and fees, simplified onboarding of accounts, and seamless integrations will be the key propositions that will define the success of payments business
Banks must match these expectations with a sound value proposition, tailored solutions and highly efficient delivery of digital payment services. This is only possible when they modernize their legacy systems with a robust digital payments platform that is packed with the latest capabilities.
Join this session to understand how the region’s progressive banks will design their digital payments strategy and how they plan to execute this strategy to better position them for the coming decade.
The discussion will cover topics on the following and more:
- Key considerations for a holistic digital transformation in payments business
- New operating models to buttress business prospects, and the role of payments hub strategy
- Payments innovations across products, services, ecosystem strategy and the business model itself, with the underpinnings of front to back digitalization
- The role of modern technology such as cloud, open APIs, automation and AI, blockchain
- The positive catalyst emerging from real-time payments, ISO 20022 standardization, SWIFT gpi and others
Join the event: https://bfsiboardroom.com/
