RTA Hosts Fintech Symposium on Digital Payments
Dubai's Roads and Transport Authority (RTA) announced the successful hosting of a fintech symposium focused on digital finance and seamless payments.
The event revolved around the theme 'RTA Fintech Beyond Mobility.' It brought together key leaders from the Central Bank, finance, technology, and mobility sectors.
RTA revealed that the symposium highlighted the growing connection between fintech and mobility. It reinforced the authority's commitment to building a smart, customer-focused, and seamless transportation ecosystem.
Mohammed Yousuf Al Mudharreb, CEO of RTA's Corporate Support Technology Services Sector, delivered the opening address. He welcomed guests from major financial institutions and fintech firms.
Al Mudharreb stated that RTA is focused on innovation at the intersection of technology, finance, and transport. He added that their goal is to create an intelligent, cashless mobility system aligned with Dubai's broader digital and AI strategies.
The event also featured several key presentations and discussions: Salahaldeen Mohamed Al Marzooqi presented nol card's transition from Card Based Ticketing (CBT) to Account Based Ticketing (ABT).
Paul Kayrouz, Chief Fintech Officer at the Central Bank of the UAE, reported on initiatives supporting the UAE's cashless economy and fintech ecosystem.
Jan Pilbauer, CEO of Al Etihad Payments, shared insights on the UAE's payment transformation. He discussed the domestic card scheme Jaywan and the instant payment platform Aani.
Mohammed Ali Yusuf, CEO of Fuze, explored the role of stablecoins and Central Bank Digital Currencies (CBDCs) in the evolving digital payment ecosystem.
The event also included a panel discussion on building successful fintech and digital banks. The panel was moderated by fintech expert Shafique Ibrahim.
Participants included Hasan Al Fardan, CEO of Al Fardan Group, Wael Fakharany, CEO of Edenred, and Mohammed Yusuf. They shared their views on driving innovation and growth in the fintech and digital banking space.
The symposium concluded with a guided tour of the RTA nol Digital Payment Excellence Centre for distinguished guests.
RTA reiterated its commitment to advancing digital finance and building a future-ready fintech environment.
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