Here’s what we discussed:
As the digital ecosystem in Saudi Arabia continues to grow as a part of the Kingdom’s Vision 2030, there is no surprise that Saudi Arabia is leading the digital shopping spree among the Middle East & North Africa (MENA) countries with an astounding 180% growth in consumers shopping online at least once a week.
On the other hand, Saudi Arabia’s digital banking market is projected to cross $20 billion by 2024.
While, digital presents breakthrough opportunities, it is also true that 33% of Middle East & North Africa (MENA) consumers report they’ve been a victim of payment fraud.
Participants joined Mastercard, for Identity Connect Saudi Arabia as we dived into the challenges and opportunities in preventing fraud, taking better risk decisions, and integrating speed and ease in every online interaction whether consumers open an account online, shop online, or manage their subscriptions.
Through this interactive discussion, participants learned:
- Strategies to help strike the right balance between fraud prevention and seamless consumer experiences
- How to leverage identity data and insights to help take better risk decisions
- Help raise the ceiling for growth by providing a safe, compliant, and low-friction experience throughout the consumer journey
- Latest trends and best practices
AGENDA
18:30 – 18:45
Welcome
18:45 – 19:30
Roundtable Discussion
19:30 – 20:50
Dinner & Networking
20:50 – 21:00
Closing
Solution Expert
Director Product & Market Enablement at Mastercard
Rahul Singh has over 15 years of Global Product & Marketing experience across payments, risk-based authentication (RBA), security solutions, and analytics. Rahul has launched and ensured the success of several SaaS solutions across Europe, Middle East & APAC. He is passionate about adding a consumer-centric lens to B2B Solutions. Currently, Rahul is based in Amsterdam, The Netherlands.