Mashreq Bank Wins Best Converged Digital Wallet Award

Mashreq Bank wins award at Mastercard MENA Leadership Forum in France.

DUBAI, 19th April, 2018 (WAM) — Mashreq Bank, one of the UAE’s leading financial institutions, has been presented with the Best Converged Digital Wallet award at the second edition of the Mastercard MENA Leadership Forum, which took place in Paris, France.

Commenting on receiving the award, Pankaj Kundra, Head of Payments at Mashreq Bank, said, “We are honoured to be presented with the Best Converged Digital Wallet award at the Mastercard MENA Leadership Forum 2018. The prestigious award recognises our commitment to mobile payment innovation. Our portfolio of products and solutions is created with our customers in mind, and are designed to offer quick, simple and secure digital payments across several devices and channels.”

Hosted by Mastercard, a leading technology company in the global payments industry, the forum brought together executives from a number of the region’s leading banks to discuss the latest developments in the payments industry. Held under the theme, ‘Partnering for Success, Future-Proofing Growth,’ the forum addressed key topics including big data, e-commerce, digital, cross-border payments and security.

The event also celebrated the successful integration of Mastercard’s solutions and programmes by financial organisations with a series of awards. Winners were recognised across 12 different categories focused on innovation, mobile payment solutions, commercial programmes, as well as safety and security.

WAM/Rola Alghoul/Esraa Ismail