Technology disrupting Africa’s financial sector
Story from: CAJ News Africa
From OKORO CHINEDU in Lagos, Nigeria
LAGOS, (CAJ News) – EXPERTS from around the continent will gather at Lagos, the economic hub of Nigeria to discuss the future of the financial services sector in the wake of a flurry of technologies rapidly transforming the sector.
The event- the CashlessAfrica-has attracted more than 35 speakers from 30 countries.
Mastercard is the headline sponsor of the expo with some leading innovators, companies and institutions joining as keynote sponsors. These include Ping-Express, WorldRemit, TransferTo, SoftwareGroup, Oradian, PharmAccess, IDM, CodersCode and Avante.
Omokehinde Adebanjo, the Vice President and Area Business Head for West Africa, Mastercard will open the first day with other notable experts and innovators participating in nine sessions and panels for the two days starting Wednesday.
Emmanuel Okoegwale, Principal Associate at Mobile Money Africa, said digital disruption was changing how traditional banking services, payments, remittances were now offered in the digital economy.
Almost all sectors of financial services including payments, money transfers and banking are re-imagined by non-traditional providers and financial technologies.
The traditional incumbent providers are reinventing to remain relevant in the digital space.
“The CashlessAfrica conference will not only highlight the challenges and opportunities in the fintech space in Africa but will provide knowledge and networking platform that will bring the African fintech industry at par with its counterparts across the globe,” said Okoegwale.
– CAJ News
This post is from CAJ News Africa. Click here to read the full text
Follow us on twitter @SANewsTodayNow
Also, Like us on facebook