Global payments company ,Visa, hosted its Security Summit for Middle East and Eastern Europe, bringing together key stakeholders to discuss the trends, challenges and innovations in payments security that are transforming the way we pay across the region and globally.

The summit theme, The Future is Digital – Securing a Connected World, reflects the growing connectedness of an increasingly digital world shaped by new consumer behavior, new players, and new solutions. Gathering in Tbilisi, Georgia, leaders from Visa and around 100 senior executives from key financial institutions, merchants and governmental bodies across MENA and Eastern Europe discussed local and global risk trends, protecting the payments ecosystem from evolving cyber-security threats, improving the customer experience, and shaping the future of digital payments.

Delegates also discussed a number of key challenges, including the expansion of the fintech sector, the emergence of connected devices, and the proliferation of data have created potential new security vulnerabilities, which must be addressed to maintain trust in the overall system.