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FMAS:24: "Interoperability Is Key in Creating an Ecosystem of Inclusive Payment Society"

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The Finance Magnates Africa Summit 2024 (FMAS:24) is currently being held in Johannesburg, South Africa, at the Sandton Convention Centre. This much-anticipated event brings together professionals for insightful discussions, networking opportunities and demonstrations of the latest innovations.

FMAS:24 opened registration for attendees, who eagerly entered the venue today at 11 a.m. local time. The major event, which serves as a hub for traders and individuals interested in the financial markets, features keynote speeches, panel discussions and interviews with experts in online trading, financial services, cryptocurrencies and payment solutions.

Networking and learning opportunities

Organized by FMevents, FMAS:24 is the premier B2C and B2B exhibition in South Africa. It caters to a diverse audience, including traders, financial experts, fintech innovators and business leaders. The summit provides a unique platform to network, learn and explore new business opportunities in the financial markets.

FMAS:24 is a meeting point of global insights and local expertise, opening opportunities for innovation and collaboration. Attendees can delve into the world of online trading and enhance their investment strategies. The event features world-class Forex and CFD brokers, influencers and educators sharing their knowledge of online trading. It also provides an opportunity to connect with top brokers, educators and Forex experts online.

Navigating the present and future of IBs in South Africa

This discussion highlighted the challenges and opportunities facing IBs. Speakers included Hormuz Faryar, General Manager of ATFX Connect for the Middle East and North Africa; Linton White, Regional Head, ATFX Africa; Monty Barnard, Chief Operating Officer, ATFX Africa; Mark Wuer, Commercial Director and Head of ATFX; and Rory Jean-Jacques, Founder and Director of Dominion FX.

Payments in Africa: A cross-border and hardware revolution

At the FMAS:24 Center Stage, payment experts took the audience on a tour of the future of payments in Africa, considering the continent's rapid digital growth. The discussion also focused on how the industry can build a good ecosystem for players and launch customer-centric solutions.

“The next thing I'm going to touch on is interoperability, and I don't mean interoperability in the payment space per se,” said Dylan Veerasamy, Director of Fintech Visa. “I mean interoperability, specifically, in creating standards so that you can derive a framework around types of Different kinds of technology coming together, what I mean is that all of us are dealing with digital and digital inclusion, financial inclusion, but also digital innovation.

This article was written by Jared Kirroy at www.financemagnates.com.

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