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Bashir Fancy is the Managing Director, Corporation Solutions & Services Inc., providing Risk Management, Governance, Security, Operations, IT consulting services globally. Mr. Fancy is former Chairman and Chief Executive Officer of Canadian Information Processing Society National Board (CIPS) and the current President of Canadian Information Processing Society – Ontario (CIPS Ontario). In his role at CIPS Mr. Fancy has been working very closely with Colleges, Universities and Corporations across Ontario. He is helping develop programs for Students. Mr. Fancy is heading the cyber security task force and has started a cyber security meetup that has attracted a lot of members, including students, where sharing of the current trends, challenges and how to deal with these evolving threats is paramount. He is a thought leader in the fast paced changing environment of IT landscape. He has been the Senior Executive Advisor, with Deloitte & Touché and held similar position at Grant Thornton. Bashir Fancy also headed operations at Citibank, headed the Payments business at SNS (3rd party processor that later became known as Emergis when acquired by Bell Canada), and managed operations in Air Canada, including Product Management, IT and Customer Service. As an Auditor he was exposed to many different businesses globally to review their end to end operations, including IT, Risk Management & Security, Marketing & Sales, Finance & Customer Service
Mr. Fancy served as the Executive Vice President for Risk Management & Security at Visa International Head Office and was also their Global Head of Internal Audit in San Francisco. He led original team that developed the “Account Information Security” –Data Security Standards (now known as PCI- DSS), impacting any Organization that stores, processes or transmits Credit or Debit card information. Bashir Fancy, in his previous role as the Head of Risk Management & Security for Visa Canada, developed & implemented a strategy of Fraud Prevention Program that led to 50% reduction in fraud losses, after a growth of 40% per year for 5 previous years. This strategy was adopted globally. Mr. Fancy continues to assist financial institutions globally including the World Bank, Telecoms, Retail businesses and others to deal with the root causes and become efficient, secure and compliant. Mr. Fancy is amongst the very few who understand the Payment business inside out and has extensive experience in Retail, Airline, 3rd party processing and the Banking world that spans many countries. Mr. Fancy’s experience includes Operations, Systems, Finance, Risk Management & Security, Audit, IT, Marketing & Sales and Strategy at organizations that included Citibank, SNS ( initially acquired by BCE and became Emergis, now absorbed into TELUS) –a 3rd party processor that did all the backend processing & point of sale for Canadian Banks and major retailers. Mr. Fancy also held senior management role in Air Canada and the “Supermarket Group”, after starting his career at West, Wake & Price (Auditors) –became part of Price Waterhouse to do his accountancy and then move to take on Technology certification. Mr. Fancy is frequently asked to speak at Conferences globally and provide advice on Governance, Risk Management & Security, PCI-DSS, Big Data, Analytics, IoT, Operational efficiency and forensic work. He has excelled at change management and does a lot of mentoring to ensure succession planning. Mr. Fancy continues to be involved in Mobile Payments, Mobile Wallets combined with changing landscape of Payment Industry & Technology in general.