Plenary Sessions


To download a copy of the 2018 MEA Cash Cycle Seminar Brochure click here.


The MEA Cash Cycle Seminar is delighted to co-host this year’s event with the Central Bank of the United Arab Emirates. We are honoured to have H E Saif Hadef Al Shamsi open the proceedings.

Welcome Remarks
H.E. Saif Hadef Al Shamsi | Assistant Governor for Monetary Policy & Banking Supervision Affairs | Central Bank of the United Arab Emirates

H E Saif Hadef Al Shamsi
H.E. Saif Hadef Al Shamsi holds a BA in Political Science and Business Administration from the United Arab Emirates University (1981). Since 2011 he has served as Assistant Governor for Monetary Policy & Banking Supervision Affairs at the Central Bank of the United Arab Emirates (CBUAE). He previously held several positions at the CBUAE as Executive Director of the Banking Operation Department (1988), Executive Director of the Banking Supervision and Inspection Department (1989-1993), Executive Director of the Treasury Department (1993-2007), and Chief Executive Officer of the Treasury Department (2007-2011). He has been a member of the Board of Directors of the General Pension and Social Security Authority since 2010 and is a member of several committees within the CBUAE, as well as other committees inside and outside of the country.


The following presentations are listed in alphabetical order, by presenter's last name.


Cash and Payments in the United Arab Emirates

Younes Al Belooki | Assistant Manager | Head of the Currency Management Division, Central Bank of the United Arab Emirates
Hafid Oubrik | Payment Systems Manager | Central Bank of the United Arab Emirates

The Central Bank of the United Arab Emirates (CBUAE) was established in 1973, with the main responsibility to issue a national currency to replace currencies in circulation following the establishment of the Federation of the United Arab Emirates in 1971. In this presentation, CBUAE will provide an overview of currency, cash management, and payment systems in UAE. A history of the UAE dirham, first introduced in 1973, will provide the backdrop for discussion of the Bank’s Cash Management sections within the CBUAE Banking Operations Department, as well as the Bank’s currency improvement efforts. A snapshot of payment systems in the UAE will also be provided, including a discussion of UAE SWITCH, UAEFTS, ICCS (Image Cheque Clearing System), DDS (Direct Debit System), Payment Gateway, and more.

Younes Al Belooki
Younes Al Belooki
Mr. Younes Al Belooki joined the Central Bank of the United Arab Emirates (CBUAE) in 1983 and has 34 years of experience in the currency section. His current role is Assistant Manager and he is the Head of the CBUAE Currency Management Division.

 

Hafid Oubrik
Hafid Oubrik
Hafid Oubrik is Payment Systems Manager at the Central Bank of the United Arab Emirates (CBUAE), responsible for managing payment systems operations and development. His mission consists of managing the department and ensuring the smooth functioning of the payment systems operated by the Institution, while taking initiatives towards improving the payments field in the country.

Prior to joining CBUAE, Mr. Oubrik was the Senior Financial Sector Specialist at the Arab Monetary Fund, in charge of various financial sector initiatives in the MENA region. Formerly, he led the Payment Systems Department and the Credit Registry Department at the Central Bank of Morocco.

In addition to his Master in Business Administration degree, Mr. Oubrik holds a State Engineer certificate from Mohamed 5th Institute in Morocco. He worked for 14 years in the private sector in the area of card and large value payment systems, where he was involved in various projects around the world.



Plenary Session Coordinator

Dan Harrison
Dan Harrison
Dan Harrison has 25 years’ experience working in the Currency industry. He has held senior management and senior sales roles in a variety of highly regarded multi-national companies including CSI, De La Rue and Prosegur, providing solutions across the cash cycle. Dan has worked closely with Central Banks, Issuing Banks/Authorities, Commercial Banks, Cash Management and Logistics Companies, Casinos, and ATM Deployers, as well as small, medium, and large Retailers across Europe and the South East Asia region.

Dan has led teams working with these organisations to deliver tailored solutions including high-speed automation, medium speed processing systems, Cash Management Software, Cash recycling, and Self Service solutions. Dan is also experienced in designing and delivering Cash Management and Cash Logistics services to the FI and Retail sectors.

As VP Operations at Currency Research Dan combines this wealth of experience across the currency industry with his passion for Education and Learning. He holds a Bachelor's degree in Education and Training from the University of Melbourne; during his studies he was awarded a place on the Dean Honours List. Dan is currently based in Melbourne Australia and also worked in Europe.



Corporate Cash Collection and Management

Motasim Iqbal | Managing Director, Head Transaction Banking – UAE | Standard Chartered Bank

This presentation will discuss the importance of corporate cash management and how the bank collaborates with its partners to serve its corporate customers better. Using technology that provides good visibility and security of cash on site, the bank is able to move the value of cash to clients’ accounts and manage their cash accordingly. In addition to this, the bank’s clients also see a reduction in the cost of cash transportation and shrinkage.

Motasim Iqbal
Motasim Iqbal
Motasim Iqbal is the Managing Director & Head of Transaction Banking, UAE for Standard Chartered Bank since January 2017. In this role he is responsible for the Bank’s Cash Management, Trade Finance and Securities Services Business for the UAE. Before taking on his current role Motasim was the Regional Head for Transaction Banking in MENA and prior to that, from 2012 to 2015, he was the Head of Transaction Banking for the Bank in Singapore. During his stint in Singapore he worked very closely with the Monetary Authority of Singapore (MAS) on positioning Singapore as a premier Renminbi clearing centre outside China. Motasim joined the Wholesale Banking business at Standard Chartered in October 1997 and was appointed the Head of Transaction Banking for Pakistan in 2003. In 2006, he moved to Dubai to head the Financial Institutions segment within Transaction Banking across MENA & Pakistan. Prior to joining Standard Chartered, Motasim began his career as an Assistant Manager in the Treasury Division of Shell Pakistan Limited. Motasim holds an MBA degree from the Institute of Business Administration in Karachi. He has also attended various leadership programs including Leading Across Boundaries at Oxford Said Business School, the Business Leadership Planning course of the Nottingham Trent University and a senior level executive course at INSEAD Singapore. Motasim spent his childhood in Tanzania, East Africa and had his early schooling in the International School of Tanganyika (IST) in Dar es Salaam. He is married, with three children aged thirteen, nine and three.



Gordon Kanyoke | Project Manager | uniBank (Ghana) Ltd.

Presentation synopsis forthcoming.

Gordon Kanyoke
Gordon Kanyoke
Gordon Kanyoke is Project Manager at uniBank (Ghana) Ltd. Gordon commenced his career in the FMCG industry with various roles in Sales & Marketing. He has 10 years of banking experience with rich experience in Retail Banking administration (branch expansion, performance management, strategy, team building and Head of Personal Banking). Gordon set up and managed the Projects Department at uniBank. He currently leads and manages key bank projects with both internal and external stakeholders & partners across Africa and Europe. He is passionate about project execution and the development of people. Gordon has participated in numerous management training programmes/courses locally and abroad. He holds a B.A (Hons) in Social Science from the University of Ghana and an MBA (Project Management) from the Ghana Institute of Management and Public Administration.



Optimization of the Cash Supply Chain Through Technological Innovation and Integration

Manu Kataria | Director-Commercial Cash Services | Transguard Group

Today, the majority of financial dealings between corporations and banks are based on hard cash and the trends are on the rise. Managing cash is becoming increasingly expensive and organizations require solutions that can help to improve operational efficiencies. To enable this improvement, organizations should seek solutions to increase liquidity, reduce float requirements, eliminate dead cash and track real-time cash levels, and improve reconciliation features, to name some examples. Industry solutions, such as Transguard’s Smart CDM solution, can take responsibility for cash and enable organizations to concentrate on their core businesses.

Manu Kataria
Manu Kataria
Manu Kataria is a global cash services expert with over 11 years of experience in the industry. Manu has extensive experience in the commercial development of the Cash Management sector and has particular expertise in CIT and ATM Operation, ATM Channel Management, Incident Management, Cash Forecasting, Cash Reconciliation and Balancing. Manu has worked for Transguard’s cash services organisation since 2007. As Transguard’s current Commercial Director - Cash Services, Manu has played a key role in developing the commercial division and growing the cash services business. Transguard Cash Services is the UAE’s leading cash provider and has been operating in the region since 2001. 50 words Manu Kataria is Commercial Director - Cash Services at Transguard, where he has played a key role in developing the commercial division and growing the cash services business. Manu is a global cash services expert with over 11 years of industry experience, including extensive experience in the commercial development of the Cash Management sector.



Saudi Vision 2030: What Role Will Cash Play

Sajid Khan | Global Head of Consulting | Vaultex
Mohamed Al-Afif | Managing Director and Co-Founder | Cash Solutions Company (CSCL)

Saudi Arabia is experiencing unprecedented change driven by technology and a desire to diversify. The Saudi Vision 2030 sets out the Kingdom’s objectives and plans to develop the nation’s infrastructure, reduce the reliance on oil and create a sustainable economy for the coming decades. But what role will cash play?

Cash is currently the dominant payment method in the Kingdom – with over 77% of transactions still made by cash – and whilst card and mobile payments are growing, cash will continue to play a significant role in the Saudi economy for many years, towards 2030 and beyond. The current industry model is fragmented, with most banks operating their own cash centres with high fixed costs, low purchasing power and inefficient processes – but operators are beginning to understand the opportunities that lie in cash management.

This presentation will explore the latest progress and thinking behind two of the key themes in the Saudi cash industry. The concept of the multi-bank cash centre will allow banks to share fixed costs and create a critical mass of volume to allow for both economies of scale and investment in automation. Such an operation can be created in a purpose-built cash centre, or by utilising an existing premises. At the same time, cash centre outsourcing – whether under the traditional or multi-bank cash centre model – means dedicated providers can apply global best practices to generate significant cost savings and service improvements.

Both of these concepts are aligned to the wider Saudi Vision 2030 spirit of innovation. But whilst the benefits are clear, the implementation is complex. This presentation will cover the latest developments and the wider roadmap towards achieving a cash operating model fit for the long-term requirements of the Saudi economy.

Sajid Khan
Sajid Khan
Sajid Khan is the Global Head of Consulting at Vaultex. Prior to joining Vaultex, Sajid was a consultant at PwC where he managed a number of high profile business transformation programmes for tier one banking organisations. In his current role Sajid is responsible for taking Vaultex’s commercial expertise as the UK’s leading cash management organisation to help central banks, commercial banks, retailers and cash processors around the world transform their cash cycle. Sajid graduated in Aeronautical Engineering and has a Masters in Design Engineering.


Mohamed Al-Afif
Mohamed Al-Afif
Mohamed Al-Afif is the Managing Director and Co-founder of Cash Solutions Company (CSCL), a dynamic regional player in the cash management arena that specializes in providing world-class solutions for commercial and central banks by offering a variety of products and services to cater to all supply chain needs. Before joining CSCL, Mohamed gained intensive financial and banking experience with leading regional financial institutions and corporates including SABB, Al Rajhi Bank, Samba Financial Group, and Al-Gihaz Holding Group, as well as with Reyadah Financial in an advisory capacity and for which he remains a Managing Partner. Mohamed holds a BSc in Finance from the King Fahd University of Petroleum & Minerals and various higher education certifications from the ACT, Columbia Business School, and London School of Economics and Political Science.



Managing the Massive Issuance of Fresh Notes on Eid Occasions: An IT Solution

Zargham Khan | Assistant Director, Currency Management Department | State Bank of Pakistan

Eids are two major religious events celebrated by Muslims around the world. Giving out fresh mint notes, especially in lower denominations, as Eidi (gift) to children and young ones is a cultural norm prevalent across Pakistan. This creates a massive demand for fresh notes around these events by the general public. This presentation will discuss the extensive arrangements put in place by the State Bank of Pakistan (SBP) through its operational arm, Banking Services Corporation (BSC), to issue a substantial quantity of fresh notes to meet heightened demand. Moreover, the presentation will focus on SBP’s recently developed IT solution, a mobile SMS service, to issue fresh notes in an efficient manner through commercial banks with regular oversight and a broader outreach to the general public. The mobile SMS service enables SBP to ration the issuance of fresh notes and provides equal opportunity to all members of the general public to avail of this service.

Zargham Khan
Zargham Khan
Mr. Zargham Khan currently serves as the Assistant Director in the Currency Management Department at the State Bank of Pakistan Banking Services Corporation (SBP BSC). He is responsible for managing the supply of currency at 16 field offices of SBP BSC across the country and issuance of fresh notes for major cultural events such as EIDs. Mr. Zargham is also part of the team that is working on revamping the cash operations at SBP and has also worked on the formation and implementation of the Currency Management Strategy for commercial banks. He started his career as an Analyst in the New Product Development Department at S&P Global Market Intelligence (formally SNL Financial), where he worked on the development of new financial data products for institutional clients including Investment Banks, Central Banks, and Leasing and Insurance companies. After S&P, he joined SBP BSC in its currency management department where he continues to work. Mr. Zargham holds a Bachelor’s degree in Economics and Finance from Lahore School of Economics.



Achieving a Delightful Customer Experience Through Bank Branch Transformation

Philip King | Head of Retail Banking, UAE | Abu Dhabi Islamic Bank (ADIB)

This presentation will discuss trends in automation in the banking sector, drawing on Abu Dhabi Islamic Bank’s (ADIB) experiences and proprietary research in the area. In 2017, the bank launched a new breed of branches branded "ADIB" Express, which deploy technological solutions to accelerate the most common banking processes, freeing up bank staff to guide and advise. ADIB has resisted the global trend to close branches en masse following in-depth research that shows that UAE banking customers are quick to adopt digital services and automation, but also value the human touch. Delegates will learn how ADIB's hybrid approach is fostering trust while delivering convenient and efficient service.


Philip King
Philip King
Philip King is the Head of Retail Banking, UAE for Abu Dhabi Islamic Bank (ADIB) and has three decades of banking experience across Europe, the Americas and the Middle East. Philip joined ADIB in the beginning of June 2013, prior to which he managed various retail franchises for Citibank (Citi in Poland for 5 years with 86 branches) and ABN Amro (Saudi Hollandi Bank in Saudi Arabia with 41 branches for 30 months, ABN Amro Latin America for 3 years). He was last responsible for the start-up and growth of retail banking for the International Bank of Qatar based in Doha. Philip is a graduate of Bristol University in England and has an MBA from London Business School.



Plenary Session Coordinator

Tom Mitchell
Tom Mitchell
Tom Mitchell is based in Edinburgh, UK and plays a key role in maintaining CR's engagement with organisations in Northern European Countries (including UK and Ireland, Scandinavia and Benelux), in both the cash and payments industries. He draws on a background of business development, business management and research to ensure that the changes, challenges, and interests arising both regionally and globally from British and Irish companies are well understood and addressed by CR through our four initiatives of Consulting, Communications, Community and Conferences.

In tandem with this role, Tom is also the Global Sales Manager - Sponsorship, incorporating Currency Conference, Banknote Conference, Central Bank Payments Conference and the Cash Cycle Seminar. This involves a leading role in engaging with established and challenger organisations across the globe to promote market growth and development for their products. This is undertaken in conjunction with each of CR's regional Managing Directors to ensure the transfer of knowledge from supplier to end-user is scaled from the national/regional level to a global perspective.

Tom holds a Master's degree in Business Management from the University of Reading, a bachelor’s degree from the University of Exeter and is currently working towards a Chartered Institute of Marketing Leadership Qualification.



Beyond Cash - Managing Digital Transformation in Banking

Sylvia Nwakwue | Divisional Head, Transaction Services Lagos and South West | Guaranty Trust Bank (GT Bank)

Optimizing efficiencies in cash management, customer acquisition, automation and digitization, and customer service are operational challenges faced by many banks. To overcome these challenges, Nigeria’s Guaranty Trust Bank (GT Bank) transformed its business model from a cash-based in-branch service model to a digital Omni-Channel 24/7 digital self-service model for growth, relevance, and competitive advantage. GT Bank will discuss the steps taken in its digital transformation and the bank’s success stories, as well as its planned approach to cash management throughout the digital transformation journey.


 Nwakwue
Sylvia Nwakwue
Sylvia Nwakwue has over 20 years of banking experience and is currently the Divisional Head, Transaction Services Lagos and South West at Guaranty Trust Bank Plc. Her experience spans Banking Operations, Customer Service, Payments Systems and Regulatory Compliance.

Sylvia is also the Chairman of Committee of Heads of Bank Operations in Nigeria (CHBO), an active body known for its drive for improving the payment system in Nigeria. Some notable projects achieved in collaboration with the Central Bank of Nigeria include the Bank Verification Number (BVN), Nigeria Interbank Instant Payment (NIP), and Electronic Reference and Electronic Dividend platforms.

Sylvia holds a Bachelor of Science Degree in Geology from the University of Port-Harcourt Nigerian, a Master of Science in Finance from the University of Calabar Nigeria, and a Chartered Banker MBA from Bangor University, Wales. She is an associate member of the Chartered Institute of Bankers Nigeria and Scotland. She is also a member of the US-based Association of Certified Anti-Money Laundering Specialists (ACAMS).

She has attended extensive local and international executive training at institutions such as the Lagos Business School Nigeria (Senior Management Program), the Harvard Business School (Customer Service Excellence), the Michigan Ross Business School (Positive Leadership) and Cranfield School of Management (Cranfield Executive Leadership Programme).


Cash Operational Improvement Through Technology

Marius Potgieter | Chief Operations Officer | Saudi Financial Support Services Company (Sanid)

This presentation will discuss how innovation and technology, leveraged by Transtrack CWC software, were used to enhance the operational efficiencies within the Cash Operations in a very challenging and evolving Saudi Arabian market, including integration of all contract and SLA management, complete Track & Trace management of all services executed, and Cash Center process management. The presentation will also review the challenges experienced. The integration afforded operational and cost efficiencies which were extended to the banks as clients. Though cost optimization and operational risk mitigation were the main drivers, it was essential to ensure services were provided with full transparency – “Outsourcing with Control” – to overcome the banks’ fear of losing control in the outsourcing cycle.

Marius Potgieter
Marius Potgieter
Marius joined the Saudi Financial Support Services Company (Sanid) in October 2016 with the key scope to ensure business turnaround, risk mitigation and overall process improvement in a challenging evolving market in Saudi Arabia. Prior to this he managed a successful startup of a Cash Solutions business from a “blank piece of paper” startup to a recognized player in Qatar.

His experience spans more than 15 years in senior executive positions including Cash Centers, Risk, Operations and Divisional Head, with a major MNC in Africa and the Middle East where he brought about operational efficiencies and business turnaround in challenging markets such as South Africa, Saudi Arabia, UAE and Qatar.

His interest in technology as part of optimization and control within the Secure Logistics/Cash Management operations led to his current role. Here and in his previous role, he capitalized on his business, industry and regional experience in directing the development and turnaround of a recognized player through technology implementation and utilization.



Efficient Cash Circulation Solutions in a Changing Cash Ecosystem: Best Practice Examples for Cash Solutions in Scandinavian Markets

Urs Röösli | President of International Business | Loomis International

The volume of cash in circulation in the Scandinavian market has materially reduced over recent years. This reduction of cash in circulation has changed the role of CIT providers from a transport company to a full service provider for cash solutions to banks and retail businesses. Loomis has taken an active role in that market change and today provides innovative solutions for efficient cash circulation solutions.

The outsourcing of cash activities by banks or retailers to a professional CIT provider has changed the cash ecosystem and new payment technologies continue to drive that progress of cashless transactions.

What is the role of CIT providers in the future? How to maintain an efficient cash circulation solution? Answers to these questions will be presented, along with best practice examples.

Urs Röösli
Urs Röösli
Urs Röösli has been President of International Business at the Loomis Group since 2014. He has a Master’s degree in Business Administration and over 20 years of experience in the Cash Handling and Valuables Logistics business at a global level. His vast knowledge and education includes Advanced Strategic Management studies at IMD in Lausanne.



Future of Cash in Light of the Emergence of FINTECH

Gonzalo Santamaria | Vice President of Payments and Business Development | Currency Research

The payments landscape is changing and the world is observing closely to see how it develops. What markets are adopting these technologies and are they serving as a catalyst for financial inclusion, or simply another revenue stream for specific blue-chip corporations? Non-cash payments are growing at a much faster rate than cash payments and yet cash in circulation continues to grow - is this sustainable? How can the industry ensure an efficient cash supply chain if/when the decline becomes more pronounced? What are the current trends and innovations within payments and what impact these are truly having on the entire payments landscape? Based on global surveys circulated by Currency Research, we will present some valuable insights, including the top non-cash innovations survey respondents have predicted may have the greatest impact on currency usage in the future. The future of cash is likely not a cash-less society but instead a less-cash society. The effects of these developments are still not widely understood. The statistics however from central banks continue to report that cash remains king as a preferred consumer payment method. Today greater than 80% of worldwide consumer spending is done in cash despite many forecasting the demise of this resilient product. We will attempt to shed some light on this topic with insight from our surveys and forums dedicated to the currency function and payments.

Gonzalo Santamaria
Gonzalo Santamaria
Mr. Gonzalo Santamaria has honed his leadership skills and industry knowledge for over 30 years, with a background in the technical, commercial and business development streams within world-class industry supplier companies. He has valuable experience in automation of banknote processing, process re-engineering, supply-chain optimization and efficiencies through security of cash in the cash cycle, and has successfully assisted in designing and implementing state-of-the-art automated currency vault solutions, cash management re-engineering including commercial cash processing patents, and supply chain optimization solutions. In 2011, Gonzalo was named Managing Director for Currency Research (CR). In 2014 he was promoted to Vice President with oversight over the regional Cash Cycle Seminars (ICCOS) as well as CR's Review Seminars, and Co-Chairman of the Coin Conference. As of 2017, Gonzalo is Vice President of Payments & Business Development; his job is to foster and manage the CR consulting arm, as well as the Central Bank Payments and Infrastructure initiatives. He is a global expert in cash cycles and specializes in areas including Cash Recirculation (Recycling), Cash Processing workflows and Branch Automation.


eDirham Program

Rasheed Shakhsheer | Director eDirham Program | UAE Ministry of Finance

The eDirham is the official electronic payment platform in the United Arab Emirates. This presentation will provide an overview of the eDirham, which facilitates the collection of revenues and service fees of governmental entities digitally, both cashless and almost paperless, while adopting efficiency, security, and excellent technologies. The eDirham leverages both infrastructure and a variety of personalized prepaid cards as well as other payment methods. In 2017, 45 Million e-Government services were delivered through eDirham, alongside transactions volume amount exceeding AED 11.8 Billion.

Rasheed Shakhsheer
Rasheed Shakhsheer

Mr. Rasheed D. Shakhsheer is the Director of the eDirham Program at the UAE Ministry of Finance. He is a seasoned executive with over 25 years of demonstrated success driving billions in revenue through ICT and engineering management. With attentive expertise in financial technologies services and digital transformation strategies, Mr. Shakhsheer syndicates Fortune 100 experiences with entrepreneurial inventiveness to extend market reach and build strategic alliances across businesses.


Effects of Global Trends on the Cash Cycle: How Digitalization and Automation Change Our Industry!

Ferenc Szelenyi | Managing Director and Group Vice-President Middle-East and Africa | G+D Currency Technology

Automation and digitalization have become a reality in all areas of our daily life. Both have reached our industry raising questions concerning what to do, how to do it and when. Stand-alone, off-line banknote processing systems are a thing of the past. They are increasingly being connected to form the core of smart factories. Man-machine collaboration and data analytics enable increased business intelligence. This session will outline the vast opportunities of an integrated and connected Cash Cycle.

Ferenc Szelenyi
Ferenc Szelenyi
Ferenc Szelenyi launched his career in 1989 at IBM, where he was most recently Director of Electronic Commerce Solutions EMEA. Following a subsequent role as CEO of KarstadtQuelle New Media AG, he became a partner at PriceWaterhouseCoopers Consulting. This was followed by management positions as CEO at T-Systems Italia Spa and Morningstar Developments Ltd. in the UK, as well as Managing Director EMEA at Perot Systems. Prior to his move to G+D in October 2015 as Managing Director of G+D Currency Technology MEA Region, Mr. Szelenyi worked as an independent consultant, a managing director and a board member of Payment Company AG.



The World of Foreign Banknotes

Nibu Varkey | Assistant Vice President | UAE Exchange

Synopsis to be provided soon.

Nibu Varkey
Nibu Varkey
Nibu Varkey is Head of Wholesale Banknotes for the UAE Exchange Group. With over 20 years of experience in the wholesale banknote business, his expertise is in FX trading, hedging strategies, cash management and vault operations. He is also accountable for re-engineering the global estate of cash operations, associated logistics arrangements and physical risk.


Plenary Session Panel Discussion: Retail Cash Management

The retail sector is a crucial segment of the cash cycle. Historically, cash was processed by central banks and financial institutions. Times have changed, and now more and more financial institutions are relying on the retail sector to recirculate cash. With recirculation comes the responsibility to maintain quality and authenticity. Will current technology allow a retailer to determine what is fit or unfit, and more importantly, authentic or counterfeit? Can a retailer move the value of the currency that stays on site to the financial institution? While there are many challenges in shifting currency sorting to the retailer, there are also many opportunities for efficiency and customer service. By using new smart safe and currency recycler technology retailers can already reduce transportation costs and reduce shrinkage. These savings can be significant and more than offset the investment in equipment. Our panel of retail cash handling and cash management company solution providers will discuss this emerging trend and how you can be a part of it!

Shaun Ferrari
Moderator, Shaun Ferrari | Managing Director, Americas and Caribbean | Currency Research

See Shaun's biography, above.

Pedro Vaz
Pedro Vaz | Chief Product Officer | Transtrack International
Pedro Vaz is Product and Service Manager at Transtrack International, responsible for product management and development of CWC software as well as defining the vision and roadmap of the product. He has served in a diverse range of roles and industries over the past 20 years. With an MBA from the Rotterdam School of Management, Pedro uses analytical skills and genuine commitment to support business growth.

Jim Poteet
Jim Poteet | Executive Vice President - Cash Management Solutions | FireKing Security Group
Jim Poteet is Executive Vice President – Cash Management Solutions at FireKing, responsible globally for sales, service, and corporate marketing. Jim joined FireKing from Treasury Strategies, Inc., where he provided consulting services to firms and financial institutions on payments, treasury, and technology. In addition, he previously served as Senior VP – North American Strategy and Innovation at Brinks. Jim has held senior leadership positions at Fifth Third Bank, Bank of America, and Wachovia Bank. He is a frequent speaker at industry events, where he leverages his extensive background in cash management product development, operations, and sales.

Larry Robinson
Larry Robinson | President |Armor Safe Technologies
Larry Robinson has been in the smart safe business since 1989. During his time in this industry he has held numerous leadership roles. He is the current President and Managing Partner of Armor Safe Technologies LLC. He has held this position since October 1999. Larry has been involved in product development his entire career. The products he has worked on have been awarded patents. Prior to joining Armor Safe Technologies Larry worked with Tidel and Allied Gary Safe. Before entering the safe business Larry and his wife Becky were 7-Eleven franchisees. Larry and Becky were 20 years old when they bought their first 7-Eleven franchise making them two of the youngest franchisees in 7-Eleven history.

Please note that schedule and presenters are subject to change.