Digitization of Banking Sector En route to a cashless Africa | 10th – 11th November | Hybrid Summit
Africa is home to the second-largest banking market in the world in terms of growth and portability. Digital transformation of the BFSI sector is no longer an attractive option, in fact, it is now a need and imperative for banks to survive. Too many non-banking players have entered the market, making complete use of the technology on offer, for them to conduct business as usual. FinTechs have laid the foundation for the disruption of traditional banking methods and have created a catalyst for start-ups to open their virtual doors for business. This is further fuelled by new, favorable regulations by Governments – indicating that this wave of innovation will not subside and is only bound to take a quantum leap.
The Covid-19 pandemic has sped up the pace of the digital transformation in Africa, possibly by a couple of years, as many people have been forced to try digital services for the first time.
For banks, 2020 was a year of adaptability; however, 2021 will see a renewed focus on automation and will give rise to the emergence of connected banking. Banking operations are going to become much more flexible, due to the immediate need to access data anytime, anywhere. The time is fertile to accelerate digital technology and leverage it to stay relevant, competitive, and future-ready.
Keynotes, Candid Conversations, Fire-Side Chats, and Focus Sessions, with which we aim to outline the challenges and opportunities within the industry. The content has been curated to educate, inspire, and empower leaders to advance their pioneering strategies and integration to effectively cultivate their operations to increase profitability in the post-pandemic era.
Website – https://www.africadigitalbanking.com/