Why Open Banking MENA Digi-Conference?

The banking sector has been impacted in its earnings due to the global pandemic. Coupled with increased competition from financial technology companies who are increasingly expanding products and financial services to banking customers in ways traditional banks are not able to due to regulations.

This has made the adoption of open banking a very important strategy for banks to venture in and leverage its potentials in this new normal as the future of banking and payments post pandemic has to be open for the sector to survive and compete. With open banking, banks will be able to increase revenues, attract new customers, open themselves up to new collaborations and stand out from competition. To ensure they will be disruptors rather than disrupted, banks must act now.

Many countries in the world have gone ahead with open banking initiatives. An estimated global revenue opportunity of $9.3 billion is expected to be created by Open Banking by 2022. A study recently conducted by Finastra revealed that 86% of banks surveyed are looking to use open APIs and enable Open Banking capabilities in the next 12 months. In the Middle East, Bahrain is leading the way where the draft regulations were issued in November 2018, and the first set of solutions were launched by December 2019. Saudi Arabia is also progressing fast on the adoption of Open Banking. In the near future, the Middle East will soon have a matured Open Banking ecosystem where financial institutions and Fintech companies will come together to create superior banking experiences.

To discuss this and more, the Open Banking MENA Digi-Conference will bring together senior decision makers from central banks, leading banking and financial institutions in the MENA region to discuss the potentials of Open Banking in the region’s financial services market as well as the opportunities it creates for the banking industry in the MENA region.

220+

Attendees

50+

Decision makers from Regional Central Banks and BFSI Sector

15+

Speakers & Panellists

3

Leaders Panel Sessions

3

Innovation Session with Tech Experts

5+

Media Partners

Meet the Advisory Committee

Steven Monaghan

EVP & Chief Digital Officer, Riyadh Bank

Yuri Misnik

Group Chief Information, Officer, First Abu Dhabi Bank

Ahmed Naeemi

Head of Digital Transformation & Project Management, Bahrain Institute of Banking and Finance

Noman Rasheed

Head of Information Technology, Dubai Islamic Bank

Hariprasad Chede

Chief Information Security Officer, National Bank Fujairah

Meet the Speakers

Dr Erdal Ozkaya

Regional Chief Information Officer & Managing Director, Standard Chartered Bank

Maisa J Shunnar

Chief Digital Transformation Officer, Bahrain Islamic Bank

Steven Monaghan

EVP & Chief Digital Officer, Riyadh Bank

Yuri Misnik

Group Chief Information, Officer, First Abu Dhabi Bank

Noman Rasheed

Head of Information Technology, Dubai Islamic Bank

Hariprasad Chede

Chief Information Security Officer, National Bank Fujairah

Ahmed Naeemi

Head of Digital Transformation & Project Management, Bahrain Institute of Banking and Finance

Who will Attend Open Banking MENA Digi-Conference?

Regional C-suite executives from central banks, leading banks, and financial services institutions from across the MENA region involved in the development and implementation of digital innovation:

  • CEO
  • VPs
  • COO
  • Chief Digital Officer
  • CFOs
  • COOs
  • CIOs/CTOs
  • CISO
  • Chief Security Officers
  • Directors of Cloud
  • Directors of IT Operations
  • Directors of IT
  • Director of Digital Transformation
  • Heads of Digital Transformation
  • Heads of IT/ IT Directors
  • Head of Digital Banking
  • Head of Mobile Banking
  • Heads of Data Centre
  • Heads of Information Security
  • Management consultants and Advisors

Why get involved?

Discover

series of available advanced digital and disruptive open banking technology solutions in the market that you can implement and test quickly allowing you and your business to stay connected and ahead of competition

Learn

about APIs and open banking and how they can transform the BFSI sector in the region and how it will create opportunities for your bank to be an industry leader in your market

Get inspired in the time of uncertainty

Engage in valuable conversations with peers from other organisations, large, medium and small, in an intimate environment and learn how they are planning to implementing new API technology to drive their open banking strategy

Build industry partnerships

Meet and build relationships with innovative business executives and sharp skilled digital technology solution providers who can support with your urgent business requirements

Who Should Exhibit & Sponsor?

API Technology Solution Providers

Core Digital Banking

Network and Application Security

Data Integration and Analytics Service Providers

Conference Program

TIME CONFERENCE PROGRAM
10:00 Meeting Room Opens
10:05 Welcome Remarks from Great Mind’s representative
10:10 Opening remarks from Chairman
10:15 REGULATORY PANEL ON OPEN BANKING: Consolidating Regulations to Accelerate the Development of Open Banking Ecosystem in the MENA Region

  • Laying the foundation for a successful adoption of API technology in the MENA BFSI Sector
  • Examining regulatory landscape across the region in the era of digital economy post-COVID
  • Challenges of harmonizing regulations across geographies to enable open banking
  • How financial industry regulators can support the banking industry to foster innovation and faster adoption of open banking in a safe and secure manner
11:00 INNOVATION SESSION: Implementing Innovative Strategies and Approaches to Meet Regulatory Mandates and Requirements
How can Banks Leverage Compliance Obligations, Like PSD2, as an Opportunity to Move Towards Open Banking?
11:15 BANKING LEADERS PANEL SESSION: Leveraging API Technology and Open Banking to Transform the Future of Banking and Payments in The MENA Region

  • How API technology and Open Banking will Transform the Future of Banking and Payments in the MENA Region
  • Challenges and opportunity in adopting open banking in the region
  • What does open banking mean for customers in service and experience
12:00 INNOVATION SESSION: How Banks Can Leverage Open APIS To Create New Revenue Models and Realize Business Benefits
12:15 SECURITY LEADERS PANEL: Assessing the Cybersecurity Challenges and Implications for Open Banking
Examining challenges and security risk of data sharing over APIs and how banks can manage threats in an open banking era
How the financial services value chain has changed, and what that means for information technology and security?
13:00 INNOVATION SESSION: Managing Network Application Security in an Open Banking Era
13:15 CLOSING REMARK BY CHAIRMAN AND END OF DIGI-CONFERENCE

Conference Format

Sponsorship Opportunities

We have a diverse range of sponsorship opportunities available. A member of the sponsorship team will work with you to create a bespoke package to suit your business objectives. For more information email partnerships@gmevents.ae or call +971 (0) 4 568 7800

Media and Knowledge Partners

Primary Free of charge
Solution Provider 200 USD + 5% Tax 210 USD