Mashreq Bank, the UAE’s leading financial institution, has been presented with the Best Converged Digital Wallet award at the second edition of the Mastercard MENA Leadership Forum, which took place in Paris, France.
Hosted by Mastercard, a leading technology company in the global payments industry, the Forum brought together executives from a number of the region’s leading banks to discuss the latest developments in the payments industry. Held under the theme, ‘Partnering for Success, Future-Proofing Growth,’ the forum addressed key topics including big data, e-commerce, digital, cross-border payments and security.
In addition, the event celebrated the successful integration of Mastercard’s solutions and programs by financial organizations with a series of awards. Winners were recognized across 12 different categories focused on innovation, mobile payment solutions, commercial programs and safety and security.
“We are honoured to be presented with the Best Converged Digital Wallet award at the Mastercard MENA Leadership Forum 2018. The prestigious award recognizes our commitment to mobile payment innovation. Our portfolio of products and solutions is created with our customers in mind, and are designed to offer quick, simple and secure digital payments across several devices and channels. Our success over the last 50 years is largely attributed to our adaptability to new market demands and our belief in the use of cutting-edge technology as a catalyst for change” said Pankaj Kundra, Head of Payments at Mashreq Bank.
“We would like to congratulate Mashreq Bank on winning the Best Converged Digital Wallet award at the second Mastercard MENA Leadership Forum. We are pleased to see our partners developing products that enhance the customer experience by offering the highest levels of convenience, safety and security, and applaud their efforts in successfully implementing innovative solutions. The digital finance sector continues to grow in the region, and our partnerships with leading banks are introducing increasing numbers of customers to the benefits of Mastercard’s cutting-edge technologies,” said Girish Nanda, General Manager, UAE & Oman, Mastercard.
The three-day event featured a packed agenda of industry sessions led by senior Mastercard executives, and gathered more than 70 senior leaders from top banks and Mastercard from throughout the Middle East and North Africa region.
