The inaugural Future XB Payment Summit will deliver a holistic view of recent remediation technology developments and emerging contaminants.
It is a unique platform that connects the pioneers of the remittance world to exchange ideas on the industry’s changing landscape.
The two-day summit will host 30+ speakers and attract 100+ industry-specific experts to discuss the best practices on various strategic and operational topics covering cross-border payments, compliance challenges, data protection strategies, AI and Blockchain technologies, etc.
The summit will provide a platform for senior, international tech, and digital officials and professionals to connect with governments, policymakers, remittance experts, and sector professionals to discuss the key priorities while discovering new strategies for UAE’s remittance future.
The leading UAE exchange house registered a 212 percent increase in its digital money transfer transactions from January to December last year after introducing a mobile app before the pandemic outbreak.
The Central Bank of the UAE (CBUAE), together with the Bank for International Settlements (BIS) Innovation Hub Centre in Honk Kong, the Hong Kong Monetary Authority, the Bank of Thailand, and the Digital Currency Institute of the People’s Bank of China have issued the first Multiple CBDC Bridge.2
The Central Bank of the UAE (CBUAE) collaborates with the leading payment providers to enhance the speed and transparency of cross-border payments.
The central banks of Indonesia and the United Arab Emirates (UAE) have signed an agreement to boost payment system cooperation.
• How innovation is improving global money movement
• Regulations In Remittances – Challenges and Opportunity
• How innovation is improving global money movement
• Regulations In Remittances – Challenges and Opportunity
• UAE growing digital footprint, drive towards cashless and its impact on digital remittance.
• Considering the factors such as cost, privacy and flexibility while moving your data to cloud or on- premises infrastructure
• Considering the compliance regulations issued by the government while moving your data to the other servers
As Chief Executive Officer of Al Fardan Group, I am focused on modernizing and transforming the family business, with a mission of preparing the organization for expansion both locally and regionally via aggressive strategies through organic and inorganic growth.
Hasan Fardan hold’s a Bachelor’s Degree from Richmond, UK with a specialization in Finance, and also holds a Master’s degree in Real Estate Finance and Investment from the University of Reading, Henley Business School, UK.
Al Fardan Exchange is a member of the Al Fardan Group, which has roots stretching back to 1954. Emerging from a seafaring and pearl trading tradition to a commercial trade, the Al Fardan name is built on a solid bedrock of security and reliability. Leveraging on the Group’s diversified business interests and successful operations in real estate, high-end jewellery and financial services, Al Fardan Exchange holds global reach with trust and credibility as its main ethics.
Al Fardan Exchange LLC is incredibly proud to serve the UAE’s cosmopolitan community through their 83+ strong network, spanning across all Emirates which is reinforced by strong relationships with over 150 global corresponding banks, financial institutions, and other financial service providers. This enables all their customers to access secure transactions that firmly place reliability and trust in the forefront. Established in 1971, Al Fardan Exchange has been playing a prominent role in supporting communities. Today, Al Fardan Exchange serves UAE’s diverse population through their omni-channel solutions including a mobile app and a strong network of branches spanning across all the Emirates.
Al Fardan Exchange offers a full suite of financial services. Amongst these are:
Get to know more about our services – https://alfardanexchange.com/
Dr. Waleed Sadek is the Founder & CEO of PaySky, the leading digital payment solutions provider founded in 2017. With a forward-looking vision and ambitions to redefine and democratize the digital payment ecosystem. PaySky fostered partnerships with different entities such as central banks, banks, financial institutions, and telecom operators to provide them with its latest technology in the Middle East and Africa. The company has a presence in more than 10 countries namely, Egypt, United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Pakistan, Libya, Sudan, Uganda, and Botswana.
As a serial entrepreneur with more than 20 years of experience in digitizing the financial services sector in Egypt and the Middle East, Dr. Sadek established and led several fintech startups. Prior to setting out on his entrepreneurial journey, Dr. Sadek has been sought after for his strategic vision, process-oriented finesse, and his ability to drive innovation within both young and mature businesses. He joined Visa from 2004 to 2008, where he held multiple leadership positions, including the position of Head of the Innovation and New Technologies Department for the Middle East and North Africa. He was also appointed the manager of Visa Global Strategy for Central and Eastern Europe, the Middle East, and Africa (CEMEA). Moreover, Dr. Sadek established several companies and served as a Board Member of BITEL EMEA, as well as of Wind Technologies.
He is a renowned subject matter expert in the domain of digital financial services & payment systems and has shared in developing technology standards and market regulations in the electronic payments domain. Despite graduating from Ain Shams University’s Faculty of Medicine in the year 2009, Sadek chose to pursue his passion in the field of information technology. Where he would develop innovative solutions in the fintech industry and enable everyone to use it to facilitate their lives and help the economy to grow and prosper.
Dynamic banking professional with experience in the GCC Region, Deep understanding of core banking concepts and Shariah compliance. I have a proven track record of achievement and demonstrated success driving bank’s sales growth by providing award-wining IT development and support in a highly competitive environment.
Head of Business Development with Emirates Investment Bank – Dec 2020
Over 28 years of experience in the financial sector encompassing business & client relationship development.
Al Fardan LLC-CEO & Director
Al Fardan Group
FERG – Dubai Chamber of Commerce Dubai Quality Group
Former Chairman and Vice Chairman of FERG
Former Vice Chairman of Dubai Quality Group
Post Graduate Diploma in Management Studies , University of Hull.
Degree in Electronics Engineering Harvard Fintech Certificate.
Alaa AlRousan is a Regional Account Director for SWIFT in the Middle East. He is responsible for driving SWIFT’s initiatives in the region and working with banking communities and regulators to provide solutions to regional industry challenges such as payments innovation and cyber security.
Alaa specializes in payments solutions design, financial messaging, RTGS & ACH and instant payment networks. Alaa has been with SWIFT for more than seven years, during which he has held the positions of Technical Expert & Solution Designer for the Middle East, Turkey & Africa, and Country Manager of some of the largest markets in the region. Prior to joining SWIFT, he worked in consulting and project management roles across the financial services industry. Alaa holds an Engineering degree in Computers & Control Systems
Mr. Zuhursho Rahmatulloev is a Co-Founder of Alif Bank (Tajikistan) and has 12 years of regional experience in banking, fintech, and entrepreneurship. Additionally, Zuhursho led the first international expansion of Alif Bank (aka Alif) into Uzbekistan from 2019 to 2022. Currently, he is tasked to oversee a launch of an innovative remittance product in UAE to digitize and boost remittance flows to top recipient countries. He is a certified Islamic finance professional and holds an MA in International Political Economy from the University of Warwick, UK.
Rashid Basheer leads Digital Channels at Al Ansari Exchange for UAE. In this role, he creates new delivery channels and digital product offerings for Al Ansari Exchange. In 2021, the Mobile App of Al Ansari Exchange was named second in Forbes Middle East Top 15 Fintech Apps. Rashid is passionate about customer experience and has been the prime guiding principle on all strategies for product and channel development. He has over 10 years of experience in the Remittance Industry and holds an MBA from TiasNimbas Business School (Netherlands). Previous to Al Ansari Exchange he has worked briefly with NewForsight Stategy Consultancy specializing in sustainability.
With 11+ years of experience in Financial Industry, and recently promoted as Deputy General Manager for UAE Operations, Shafeez runs the Global Money Transfers, Wage & Salary Administration, and Foreign Exchange end to end for Lulu International Exchange Company.
His expertise in Financial Management, Business Development, Marketing, Sales & Customer Service is an added plus and strengthens him to take new challenges and excels in delivering the highest level of performances and setting new standards month on month for the company.
In his last role as the Head Of Operations for UAE business, he is recognized as one of the youngest & strongest member of the Management team with many accolades for his outstanding contributions in numerous record breaking performances within the company in short intervals.
Founder of FXB Global Summit and a digital transformation and payment leader in notable CIO & CDO positions with over 20 years of experience in shaping and delivering digital growth in payments & cross-border remittances with advancements in strategic partnerships with Fintech, Government and FIs. Developed and executed a wide range of strategic programs with an emphasis on digital transformation. Digital Payment Consultant and advisor to Exchange Houses, Digital banks and Fintech. Member, advisor and Speaker at various Blockchain, Fintech and Payment forums. Received various CIO and CXO awards and was recognized as one of the ’50 Most Influential Payment Professionals’ at World Payment Congress.
Mir K Rasool, Chief Business Officer of Index Exchange, is one of the most popular figures in the remittances industry, a captivating speaker known for his creative bombshells.
He has extensive expertise spanning close to two decades in retail, remittances, cross-border payments, currency exchange, and consumer goods, associating with some of the most renowned businesses in India and the Middle East. As an exceptional leader and a highly-networked professional, Mir was recognized by World Marketing Congress and CMO Asia at The Middle East Branding & Marketing Leadership Awards as “CMO of the year 2021” for his enviable creative marketing & brand building strategies. In 2022, Mir K Rasool was also named among Asia’s 100 Power Leaders in Marketing & Corporate Communications 2022.
Being a research and data-driven professional with significant experience in managing the formulation of communication materials for internal and global audiences, Mir has held several senior positions in well-known organizations such as Mahindra & Mahindra, Maxx Mobiles, and Al Fardan Exchange are a few among other major brands. As the Chief Business Officer of Index Exchange, one of the trusted currency exchange and money transfer firms in the UAE, he is now utilizing his broad knowledge and expertise to drive business growth and innovation in the remittance sector.
He has achieved an impressive height in his career and is a thought leader in digital strategy, innovative ideas and integrated marketing communications. He inspires the team to believe that excellence, isn’t about achieving high standards, but about setting new standards. Celebrating the dedication, he has shown on the way to this achievement. He has earned every bit of the success he is enjoying.
This definitely is a fantastic realization based on his clarity of vision and purpose. And we are really proud to have him with us!
Mohit has 22+ years’ experience in Cross-Border Remittances, Payments and Technology. At Mastercard, Mohit is responsible for expanding the business’s vision to enable Cross-Border payments from any funding source to any destination, for any need. Mohit focus on building out and expending account-based payment capabilities as Mastercard intensifies its efforts to advance multi-rail strategy, accelerating the adoption of digital payments, remittances, cross border and commercial payments with Banks, Fintech, Digital players and Telcos.