Nearly 300 million Africans are banked today, a number that could rise to 450 million in 5 years
ABIDJAN, Ivory Coast, March 20, 2018/- Temenos, the software specialist for banking and finance, will welcome the leaders driving real change across the financial industry in Africa at the Bank of the Future forum in Abidjan. The event takes place at Sofitel Hotel Ivoire, Abidjan on the 20th of March 2018
Bank of the Future forum is a niche event focusing on software solutions for the digital future of financial services. It brings together representatives from across the industry including product experts and thought leaders from around the world.
Every bank and financial institution, of any size, anywhere in the world, exists in the midst of a digital revolution. Digitization is no longer a ‘nice to have’ and is instead the very essence of customer experience and therefore business health.
According to the McKinsey Global Banking report 2018, Africa’s retail banks have compelling reasons to embrace digital transformation. Firstly, the continent’s overall banking market is the second-fastest-growing and second most profitable of any global region. Nearly 300 million Africans are banked today, a number that could rise to 450 million in 5 years. Second, 40% of Africans prefer to use digital channels for transactions. African banking customers are among the most enthusiastic adopters of mobile and digital channels of any developing region. Third, a number of disruptive competitors, including numerous mobile money players and digital attackers such as Tyme Bank in South Africa or Alat in Nigeria, are emerging and posing a threat to revenue share. Finally, advances in technology are raising the bar—and the opportunity—for innovation; these include increased affordable computing power for processing big data; the rise of artificial intelligence and machine learning; robotics lowering the cost of automation; and blockchain.[i]
“There are many ways and no shortage of opinions on how to become digital and the journey in many cases will be painful. Every executive must make major strategic choices, which will have implications on their business models and technology” said Ivan van Bladel, Director for French Speaking Africa at Temenos.
Related
Van Bladel added that Bank of the Future forum Abidjan is an opportunity for those in the banking sector to begin the journey to digital transformation with a focus on:
- Satisfying customers with consistent, personalized, instant and integrated experiences across all products, on all channels, anytime and anywhere;
- Replacing a patchwork of legacy systems with end-to-end, fully integrated and open digital banking software;
- Driving cost-efficiencies, error-reduction and increasing the speed to bring new products to market that are not only inevitable, but essential to their competitive edge;
- Accelerating into an era of open banking where they can collaborate with an ecosystem of third parties to add more value to their customers’ lives.
Source: APO
Presented by Dolph Briscoe Center for American History.Extremely cute and exceedingly aware of it, Barossa is easy to love.GENERAL NJASSA AND HIS LOST DIVISION I m Young, Beautiful And Natural 1983.Those effects are something new for this age and this is what we all want, something new, something stylish in our looks, in our fashion.Please, could you tell me the difference between the above.
http://atrecitulnapatesycircaneccent.co/44/head-knock-laurie-anderson-talk-normal-a-lecture-by-laurie-anderson-laserdisc.php
Meds information leaflet. What side effects? [url=http://slon-sportpit.ru/viagra/]viagra pill[/url] Actual trends of medicines. Read information here.
Hi! If you want to pull me on your stick, then message me where we can meet. Message there
https://katty.page.link/FxEj
north korea [url=https://www.datanumen.com/exchange-recovery/]terrorist attackterrorist attack[/url]
[url=https://www.datanumen.com/service/database-recovery.htm]seungri[/url]
The cleaning company carries out cleaning of spaces of numerous dimensions as well as configurations.
The business’s specialists offer cleaning with the help of modern-day innovations, have special tools, as well as also have licensed detergents in their toolbox. Along with the above advantages, white wines use: desirable rates; cleansing quickly; high quality results; greater than 100 positive reviews. Cleaning up offices will help keep your work environment in order for the most productive job. Any firm is very crucial environment in the group. Cleaning up services that can be bought cheaply now can help to arrange it as well as supply a comfortable space for labor.
If required, we leave cleansing the cooking area 2-3 hrs after putting the order. You get cleaning up immediately.
We provide professional [url=https://maidservicenyc.pro/]maid service ny[/url] for personal customers. Using European equipment and certified devices, we accomplish maximum results and supply cleaning quickly.
We provide discounts for those that utilize the service for the first time, in addition to desirable regards to participation for normal consumers.
Our friendly group offers you to get accustomed with positive regards to teamwork for company clients. We properly approach our tasks, tidy making use of expert cleansing products as well as specific equipment. Our employees are educated, have clinical publications and recognize with the subtleties of removing complex and also hard-to-remove dirt from surfaces.
We supply premium cleansing for large enterprises as well as small companies of numerous directions, with a discount of up to 25%.
пригодный ресурс https://riobet1.ru
Best casinos where you win big
https://azino777-7that.ru
my latest blog post [url=https://hydraruzxpnew4aff.ru]гидра зеркало[/url]
Excellent goods from you, man. I’ve understand your stuff previous to and you’re just extremely fantastic. I really like what you have acquired here, really like what you are stating and the way in which you say it. You make it entertaining and you still take care of to keep it sensible. I can’t wait to read much more from you. This is actually a terrific web site. rost.infoforwomen.be/map3.php centrallГҐsmotor tanklucka v70
Hello i am new user and i would to ask you, How to disable avatar?
Very interesting to read you
Good luck to you
I pay a visit every day some blogs and sites to read articles or reviews, except this web site offers quality based posts.