Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Mastercard Leads Debate On Sustainable Banking, Public-private Partnerships At 2016 International AraMasterCard was the sponsor of the 'Arab Banker of the Year 2016' Award - one of the Summit's main events
By: MasterCard The award ceremony was followed by a welcome address by Raghu Malhotra, President, Middle East and Africa, MasterCard, who invited the audience's attention to the need for expediting financial inclusion and how the banking industry can help vulnerable segments of society increase their resilience to climate change risks by providing them with access to financial services. He also highlighted the ways in which MasterCard is leveraging technology to drive payment innovations that helped bring more people around the region into the financial mainstream. "The rising tide of environmental challenges has made it necessary for banking players to adopt environmentally and socially responsible financing practices," Malhotra said. "At MasterCard, we are committed to using our technology to move the world towards a more sustainable and inclusive future, and the Summit provided us a platform to share our insights with banking industry professionals on how technological innovations and greater collaboration between governments, banks and private sector players can catalyze financial inclusion in the Arab world." End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|