The Middle East’s payments landscape is undergoing rapid transformation, driven by a surge in digital transactions and an increased emphasis on payment modernization. As banks and financial institutions continue to evolve their digital strategies, safeguarding these advancements against emerging fraud threats has become a critical priority.
To navigate this complex environment, institutions must incorporate robust fraud management solutions that leverage innovative technologies like Artificial Intelligence (AI) and Machine Learning (ML). These solutions empower organizations to detect and respond to fraudulent activities with greater speed and accuracy, reinforcing trust and resilience within the financial ecosystem.
According to the 2024 Prime Time for Real-Time report, published by ACI Worldwide, Middle East remains as the fastest growing real-time payments market globally for the second consecutive year. With governments in the region implementing real-time payment schemes, transactions are expected to rise from 855 million to 3 billion by 2028 CAGR of 28.8% – YoY Growth of 33.6%
The value of these transactions in the Middle East are projected to rise from US$ 230 Billion from 2023 to US$ 903 Billion by 2028
By 2028, cash transactions are expected to account for only about 3% of the total payment transaction value.
The rise in real-time and electronic payments indicates the Middle East’s strong commitment to transitioning to a cashless economy.
As the region continues to innovate and expand its digital horizons, a collaborative and proactive approach to fraud prevention will be essential. Together, with the right strategies and partnerships, the Middle East can build a secure and prosperous future, leaving fraudsters with no place to hide.

As these trends continue to evolve, it is imperative for banks to rethink their strategies and invest in comprehensive fraud management solutions.
ACI Worldwide’s upcoming event on Payments and Fraud Intelligence will provide a platform for industry leaders to discuss these pressing issues and explore innovative approaches to enhancing fraud prevention as a core component of digital transformation and payments modernization.
Join us as we delve into the transformative strategies that can help financial institutions thrive and stay ahead of the curve, in an ever-changing financial landscape.

4th November, 2024
10.30 – 13.00 hrs.(Doha Time)
W Doha Hotel and Residences
Doha, Qatar

6th November, 2024
10.30 – 13.00 hrs.(Cairo Time)
Kempinski Nile Hotel Garden City
Cairo, Egypt

TBA
Riyadh
Kingdom of Saudi Arabia

TBA
Dubai
United Arab Emirates
ACI WORLDWIDE is delighted to invite you at this exclusive morning session followed by Networking lunch to share insights on the most relevant threats and limitations that the payment industry is currently facing, brainstorm on shared knowledge and learn about the latest innovations and solutions that are available to combat the growing risk.
SPEAKERS FOR DOHA EDITION

Alexis Haessler
Regional Head, Middle East
ACI Worldwide

Dr. Sudheer Nair
AGM, Head of Cards & Payments
Commercial Bank of Qatar

Damon Madden
Solution Consultant, Fraud
ACI Worldwide

Wael Alkhuzaei
Senior Solution Consultant
ACI Worldwide
SPEAKERS FOR CAIRO EDITION

Alexis Haessler
Regional Head, Middle East
ACI Worldwide

Damon Madden
Solution Consultant, Fraud
ACI Worldwide

Wael Alkhuzaei
Senior Solution Consultant
ACI Worldwide

Ihab DORRA
Chief Consumer Banking and Retail Payments Officer
Banque Misr
AGENDA
- 10.30 hrs: Registration & Coffee
- Welcome from ACI Worldwide
- Setting the Standard in Payments Modernization
- Industry Keynote: Understanding the region’s Payment Fraud Landscape
- Payments and Fraud Intelligence: Going Beyond Fraud and Risk Management
- OPEN DISCUSSION: Expanding the Horizon of Fraud Prevention in Payments
- 13:00 hrs: Closing Remarks and Networking Lunch