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Cover story: Mastercards regional head on developing a financial equitable future

Cover story: Mastercard’s regional head on developing a financially equitable future
In this exclusive interview, Raghu Malhotra, president of Mastercard Middle East and Africa speaks of the importance of financial inclusion, of leveraging key technologies and offers advice to leaders on handling a crisis
by Zainab Mansoor
July 25, 2021
Harbouring a vision of a financially inclusive, digitalised society and working relentlessly towards realising this mammoth task are two distinct realities. Raghu Malhotra, president for Middle East and Africa (MEA) at technology giant Mastercard, has the unique opportunity of not just having that vision, but also bringing it to life.
“We want to get one billion people financially included into the formal economy by 2025,” says Malhotra, who is currently overseeing the company’s growth strategies across 69 countries. That the Covid-19 pandemic and its economic implications left the world reeling is nothing new. ....

United Arab Emirates , Raghu Malhotra , Dubai International Financial Centre , Middle East , New Payments Index , Cyber Secure , Global Cyber Forward , Simplify Commerce , Start Path , Fintech Express , Delivery Hero , North Africa , ஒன்றுபட்டது அரபு அமீரகங்கள் , ரகு மல்ஹோத்ரா , துபாய் சர்வதேச நிதி மையம் , நடுத்தர கிழக்கு , சைபர் பாதுகாப்பானது , உலகளாவிய சைபர் முன்னோக்கி , தொடங்கு பாதை , ஃபிண்டெக் எக்ஸ்பிரஸ் , டெலிவரி ஹீரோ ,

Cover story: How this man is keen on developing an equitable financial world

Cover story: How this man is keen on developing an equitable financial world
gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.

United Arab Emirates , Raghu Malhotra , Dubai International Financial Centre , Middle East , New Payments Index , Cyber Secure , Global Cyber Forward , Simplify Commerce , Start Path , Fintech Express , Delivery Hero , North Africa , ஒன்றுபட்டது அரபு அமீரகங்கள் , ரகு மல்ஹோத்ரா , துபாய் சர்வதேச நிதி மையம் , நடுத்தர கிழக்கு , சைபர் பாதுகாப்பானது , உலகளாவிய சைபர் முன்னோக்கி , தொடங்கு பாதை , ஃபிண்டெக் எக்ஸ்பிரஸ் , டெலிவரி ஹீரோ ,

Mastercard digital payments UAE | Banking – Gulf News

How the business is accommodating accelerated adoption of digital payments
Image Credit: Supplied
The adoption of digital payments – in-store and online – was significantly accelerated in 2020 because of the dynamics of Covid-19. The speed, breadth, and permanence of this change, made possible by the fintech revolution and global digital transformation, is almost equalled by the growing sophistication of cybercrime.
And so, as financial services providers work on pioneering exciting new digital services and products, so too must they invest in security solutions that protect consumers, businesses, and the global financial system.
The diversity of platforms and devices complicates this challenge – financial services providers must consider the security risk of digital payments not only by cards but also by phones, mobile wallets, and wearable tech – across different networks and regulatory environments. ....

United Arab Emirates , Girish Nanda , Mastercard Economics Institute , Dubai International Financial Centre , Image Credit , Country Manager , Global Cyber Forward , Middle East , South Asia , ஒன்றுபட்டது அரபு அமீரகங்கள் , கிரீஷ் நந்தா , மாஸ்டர்கார்டு பொருளாதாரம் நிறுவனம் , துபாய் சர்வதேச நிதி மையம் , படம் கடன் , நாடு மேலாளர் , உலகளாவிய சைபர் முன்னோக்கி , நடுத்தர கிழக்கு , தெற்கு ஆசியா ,

DIFC, Mastercard to step up cybersecurity efforts

DIFC, Mastercard to step up cybersecurity efforts
DUBAI, February 2, 2021
Mastercard has launched its Global Cyber Forward programme in partnership with Dubai International Financial Centre (DIFC), the leading global financial centre and largest FinTech hub in the Middle East, Africa and South Asia (MEASA) region.
According to an industry study, the threat of direct and indirect cyberattacks on global businesses is significant over the next five years, with an estimated $5.2 trillion in revenue potentially being at risk, while another study reported that 50 per cent of global businesses are not prepared to deal with cyberattacks, reported Emirates news agency
WAM.
This partnership between DIFC and Mastercard will help boost cyber readiness and resilience across the financial industry, enabling effective cyber security oversight through the Dubai Financial Services Authority (DFSA) Threat Intelligence Platform (TIP) that was launched in January 2020. The Glo ....

United Arab Emirates , Ajay Bhalla , Essa Kazim , Khalid Elgibali , Arif Amiri , National Cyber Security Strategy , Governor Of Dubai International Financial Centre , Dubai Financial Services Authority , Dubai International Financial Centre , Global Cyber Forward , Middle East , South Asia , Threat Intelligence Platform , Dubai Cyber Security , Division President , North Africa , ஒன்றுபட்டது அரபு அமீரகங்கள் , அஜய பல்லா , கட்டுரை காஜிம் , ஆரிப் அமிரி , தேசிய சைபர் பாதுகாப்பு மூலோபாயம் , கவர்னர் ஆஃப் துபாய் சர்வதேச நிதி மையம் , துபாய் நிதி சேவைகள் அதிகாரம் , துபாய் சர்வதேச நிதி மையம் , உலகளாவிய சைபர் முன்னோக்கி , நடுத்தர கிழக்கு ,

Mastercard Teams Up With Dubai International Financial Center to Enhance Regional Cybersecurity Efforts

Mastercard Teams Up With Dubai International Financial Center to Enhance Regional Cybersecurity Efforts
Mastercard announced over the weekend that it has teamed up with
Dubai International Financial Center (DIFC) to launch new enhanced regional cybersecurity efforts through the “Cyber Forward” program. According to Mastercard, Cyber Forward is to build secure digital ecosystems through public-private partnerships.
“The Global Cyber Forward program combines Mastercard’s cutting-edge capabilities in cyber security with those of leading public sector organizations to create secure digital ecosystems at a national, local and city-level. This partnership with DIFC will help boost cyber readiness and resilience across the financial industry, enabling effective cyber security oversight through the Dubai Financial Service Authority (DFSA) Threat Intelligence Platform (TIP) that was launched in January 2020.” ....

United Arab Emirates , Essa Kazim , Dubai International Financial Center , National Cyber Security Strategy , Dubai Financial Service Authority , Governor Of Dubai International Financial Centre , Cyber Forward , Global Cyber Forward , Threat Intelligence Platform , Dubai International Financial Centre , Dubai Cyber Security , ஒன்றுபட்டது அரபு அமீரகங்கள் , கட்டுரை காஜிம் , துபாய் சர்வதேச நிதி மையம் , தேசிய சைபர் பாதுகாப்பு மூலோபாயம் , துபாய் நிதி சேவை அதிகாரம் , கவர்னர் ஆஃப் துபாய் சர்வதேச நிதி மையம் , சைபர் முன்னோக்கி , உலகளாவிய சைபர் முன்னோக்கி , அச்சுறுத்தல் உளவுத்துறை நடைமேடை , துபாய் சைபர் பாதுகாப்பு ,