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VideoAugust 23 2022

Achieving retail banking excellence

In this Masterclass video series, we discuss how the landscape is likely to change in the coming years, how digitisation can be used to further segment service offerings, and the importance of partnerships with fintechs and other third parties.
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The Banker Masterclass video is sponsored by Mashreqbank, but independently edited.

Retail banking in the Middle East is undergoing rapid transformation due to increased digitisation — particularly since the beginning of the pandemic — with the sector facing disruption from digital-only entrants and new open banking standards.

    In discussion:

    The new banking landscape: The changing mindset of retail customers and why cash remains popular in the Middle East, despite increased digitisation. 

    Successful service customisation: How to effectively customise banking offerings for different segments and how to best leverage an established banking brand for younger customers.  

    Pioneering digital partnerships: The opportunities and challenges created when banks reposition themselves as platforms within a wider service ecosystem.

    In conversation with: 

    • John Everington, Middle East and Africa editor, The Banker
    • Fernando Morillo, global head of retail banking, Mashreqbank 

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    John Everington is the Middle East and Africa editor. Prior to joining The Banker, John was the deputy business editor of The National in the UAE, and has also worked for Dealreporter, Arab News and The Telegraph. He has also covered the telecom sector in Africa and the Middle East, living and working in Qatar and the UK. John has a BA in Arabic and History and an MA in Middle Eastern Studies from the School of Oriental and African Studies (SOAS) in London.
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