Tareq ShaheenDirector of Payment Solutions | Eastnets & INATBA Board Member
Tareq Shaheen is the director of product management for payment solutions at Eastnets - a global provider of compliance and payment solutions for the financial services sector. In his role, Tareq is focused on transforming payment experiences through Innovation to make every transaction seamless and secure.
With over 20 years’ experience, Tareq has a diversified experience in management, business and technical aspects of software solutions, with focus on new technologies like blockchain and AI. Tareq focuses on helping organizations realize the potential of new technologies by finding the right business cases.
Tareq led the development of several solutions at Eastnets, such as SWIFT gpi payments solution which enables financial institutions to fast-track their SWIFT gpi transformation at a lower cost and shorter time to market. Tareq speaks in different payments industry events on various subjects such ISO 20022, open banking and instant payments. His latest participation was at SIBOS conference in Amsterdam (Oct 2022), where he presented a session entitled “Realizing the Potential of ISO 20022 Throughout the Payment Lifecycle". Tareq also writes articles on payments published on sites like Finextra.com.
On the blockchain side, Tareq has been among the early contributors to spreading awareness on the application of blockchain and distributed ledger technology beyond crypto currencies, through customer engagements and webinars published on projectmanagment.com. Tareq led the development of Eastnets ChainFeed, an innovative blockchain-based solution serving the financial industry by providing secure real-time sanctions watch list update over blockchain to enhance payments AML/CTF screening process.
Tareq has served as an INATBA board member representing the medium category members since April 2021 and has actively worked with fellow board members to shape and oversee the current INATBA strategy. In addition, Tareq participates in INATBA’s workgroups and co-authored INATBA’s position paper on CBDC (Central Bank Digital Currency).