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Amru Kotb: we bring an in-depth, global perspective to working with dynamic high-tech security companies
Dubai: Cryptomathic, one of the world's leading providers of security software solutions to businesses, has recently sponsored the 5th Annual Middle East Banking Innovation Summit 2015, the region's most distinguished banking technology conference.
Cryptomathic hosted the panel of Smart Payments Strategy: Managing Risk while Offering Flexibility & Simplicity, which was moderated by Amru Kotb, Cryptomathic's Senior Vice President - MEA, and supported by experts such as Dr. Haroun Dharsey, SVP-Head of Technology & Projects, Dubai Islamic Bank, Ehsaan Ahmed, Head of GTS and Corporate Strategy, Noor Bank, Gary Collins, Head Mobile Banking, Westpac Pacific, Jassim Al Tamimi, Head of Payment Solutions & Business Innovation, Commercial Bank of Dubai.
"We bring an in-depth, global perspective to working with dynamic high-tech security companies, interested in addressing customer challenges and improving profitability through creative collaboration, strong relationships and innovation in new markets", said Amru Kotb. "In fact, we have some markets in the Middle East and Africa which are even ahead with technology than other markets in Europe. One example is the mobile banking project in Kenya (M-PESA)."
With the spread of any new technology for electronic payment, service providers and banks resort to updated technologies and applications with the highest protection standards to preserve customer data and reduce cyber-attacks.
"Innovation comes with risks, investment, cost and time. The pace of technology is very fast and banks are sometimes, due to regulations, are conservative to their approach in the marketplace where they operate. Cryptomathic provides best practices for implementing a comprehensive and flexible security strategy that can be easily adapted to respond to advances in the rapidly evolving market place", asserted Amru Kotb.
As a one-of-its kind event in the region, the 5th Annual Middle East Banking Innovation Summit provides a cross-industry perspective on the real solutions and challenges faced by the banking industry in the Middle East. Two of the highly positive messages in the summit were innovation and how to transfer innovation while meeting customer expectations in a secure and flexible way.
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About Cryptomathic
Cryptomathic is a world-leading innovator and provider of software security solutions to businesses across industry sectors, including finance, mobile, technology, government and cloud. With more than 25 years' experience, Cryptomathic provides systems for e-banking, mobile payments, PKI initiatives, EMV card issuing, ePassport, advanced key management and managed cryptography through best-of-breed software solutions and services. Cryptomathic prides itself on its strong technical expertise, customisation capabilities and unique market knowledge. Together with an established network of partners, Cryptomathic assists companies around the world with building security from requirement specification to implementation and delivery.
© Press Release 2015
