The 3rd GCC E-Payments and Online Banking Summit

The 3rd GCC E-Payments and Online Banking Summit

E-Pay Summit which has been held annually since 2018 is the chosen meeting point for senior influencers from the e-commerce, retail, banking, fintech & telecommunications ecosystem to share their latest strategies, challenges and new applications which are set to impact the digital banking landscape.

The 2020’s theme debates key supervisory issues and fosters the continuing cooperation required to oversee the development of payments and banking technology. E-Pay will focus on consumer centric offerings and the impact these have on AI, cross-border payments, digital currencies, real-time analytics, digital identity and challenger banks. The summit chairman, Mr. Abdulkareem Bucheery expressed his gratitude to the Central Bank of Bahrain for supporting the summit, remarking that this "demonstrates the commitment of the Kingdom of Bahrain to the adoption of latest global technologies standards that improve consumer experience and impact positively on the whole economy"

Mr Bucheery adds ‘’The dynamic nature of markets and evolving consumer behaviour creates challenges but also opens up opportunities for innovation and growth. Over the next few years we’re set to see even faster changes in the payments and banking landscape”.

The millennials’ comfort with technology is driving businesses to provide innovative ways of enabling faster and more personalised transactions. The payments business, traditionally dominated by banks, is witnessing increasing competition from new entrants, most of which are non-bank players that special- ise in niche value-added services.

EastMed’s Managing Director, Mr Mohamed Yassein added, ‘We are happy to return to Bahrain for the third year. Bahrain has emerged as fintech leaders in the Middle East with the payments space being the most developed fintech segment. E-Pay aims to support the industry to enable policy & regulation, talent development, business opportunity and investment capital through high level knowledge sharing and thought-provoking debates”.

The 2020 edition will include case studies, live interviews, roundtable and a technology driven exhibition over two days and is expected to attract more than 400 senior managers and professionals across the financial, retail, technology and telecommunication industries. The event’s speakers will include key policymakers, C-level banking industry executives, paytech experts and FinTech entrepreneurs.

EastMed is a London based business consultancy firm specialised on research, training and conferences, offering unrivalled networking opportunities and first-class education. EastMed host several events a year ranging from large scale conferences through to niche member led focus group. EastMed contributes in researches concerning the latest technologies in banking, finance, e-commerce, energy, and infrastructure.

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