More than 450 experts will identify opportunities and develop strategies for the Middle East banking technology sector at an upcoming summit in Dubai, UAE.

The fifth annual Middle East Banking Innovation Summit 2015, the region’s largest banking technology summit, will be held on September 14 and 15 at Sofitel, The Palm Resort & Spa.

Featuring some of the most influential and notable minds in the banking and technology industries globally, the summit will explore how the region is leading the evolution of banking.

Marcello Baricordi, general manager UAE and Global Accounts Lead Visa Mena, said: “The financial system is at an interesting crossroads today, as traditional banking is expanding across multiple levels of engagement. At Visa, we understand that innovation is at the core of this evolution, which is why we are focused on providing our financial clients with the tools to understand and adopt new technologies that enable innovation and a progressive banking environment.”

“We are pleased to partner with the Middle East Banking Innovation Summit this year and look forward to gaining and sharing insights into how the banking sector can navigate through these changes and further our goals for advancing groundbreaking innovation in the industry,” he added.

The summit will feature presentations and panel discussions from over 30 industry experts who will focus on some of the latest technological innovations that is set to revolutionize the banking industry and will offer a perspective on the trends and developments witnessed in this industry. The summit also presents two interactive discussions by a panel of experts on the future of the payments industry.

Brad Hariharan, regional director, Expotrade Middle East, said: “The Middle East banking industry is evolving tremendously and in the face of such transformation, our summit will be a platform for regional and international heavyweights to address challenges and showcase the latest innovations that will boost the banking industry in the region.”

In addition to Schneider Electric and IBM as Diamond and Platinum sponsor respectively, the summit has more than 40 sponsors and exhibitors who will be showcasing a range of innovative solutions designed to help the banking industry and significantly improve efficiencies at the Innovation Lounge. – TradeArabia News Service