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Finnovex Live

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Financial Illiteracy, Inadequate Security and Lack of trust are some of the impediments to digital transformation of the financial services sector

Says Benedict Chukwurah, Head, Corporate Strategy & Business Solutions, Heritage Bank Plc in an exclusive with Kanchi Shah, Head of Communications and Production, Exibex. Benedict is a Master-certificate holder in Balanced Scorecard implementation with over 18 years Banking experience.

Legal Regulations guiding smart contract are the need of the hour

Says Bukola Solomon Olutayo, Managing Director, Stellas Microfinance Bank Limited in a candid conversation with Kanchi Shah, Head of Communications and Production, Exibex. Bukola is qualified accountant with over 11 years’ experience, he has worked in different sectors such as the Nonprofit, manufacturing and the financial industry.

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There is the need to train regulators so as to understand and appreciate digital technology

Says Dr. Ngozi Egbuna, Director General, West African Monetary Institute in an exclusive interview with Kanchi Shah, Head of Communications and Production, Exibex. Ngozi is a member of several professional bodies including the Nigeria Economic Society.

The main organ of government assisting in the implementation of the changes is the Central Bank

Says Doyin Adegbulugbe, Former MD/CEO of Skye Bank Gambia in a candid conversation with Kanchi Shah, Head of Communications and Production, Exibex. Doyin is a result-oriented executive with two decades experience in financial sector in and outside Nigeria.

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Disrupt Your Business before Someone Else Does

So Says Colin Iles, founder of The Innovation Catalysts and Global Ambassador at OpenExO, an organisation which was created by Salim Ismail, Founding Director of Singularity University, to help leaders build exponential organisations. Colin’s role is to help leadership teams transform from linear to exponential growth mindsets.

Reshaping the Financial Services Space: Quantum Computing, Artificial intelligence, Deep learning and Blockchain Hold the potential to disrupt the consumption of financial services as we know it…

Says Brighton Chiwera, a Tech futurist and enthusiast with vast experience in Management consulting, Business transformation and Change, Knowledge sharing and skills transfer across a vertical of industries ranging from Financial services, Telecoms, Health, Agriculture, Insurance to mention a few in the emerging markets sphere. His key focus is on Strategy execution through solutions implementation and delivery.

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It’s not about having a Chief Data or a Chief Digital Officer but rather having a culture that wants to go digital and use data.

Says Lee Bromfield, CEO, FNB Life in an exclusive with Kanchi Shah, Head of Communications and Production, Exibex. Known as a visionary thinker, an excellent intrepreneur, a great innovator and someone who can inspire and lead people to great heights, Lee has been with FNB for over 15 years arriving straight out of University. In his 15 years, he has enjoyed a diverse range of roles and exposure across our complex business. He worked in Credit Card, Forex, Business, Core Lending Products (CLP) and Life Insurance, his roles and responsibilities spanning across Analytics, Credit Sales, Client Value Management (CVM), Product Development, Pricing, IT and Operations.

It’s not about technology, It’s about customers and what you can do for them with the optimal use of technology

Says Peter Halsor, SVP-Customer Experience, Riyad Bank in an exclusive with Kanchi Shah, Head of Production, Exibex. A passionate advocate of the customer, Peter has led Digital, Customer Experience and Business Transformation teams to deliver market-leading propositions for several leading financial institutions in London, Continental Europe and the Middle East.

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Finnovex Live: Banks will be pushed back to be money custodians, just as they were in 1300

Says Tariq Alusaimi, Head of Digital Strategy, Central Bank of Kuwait while speaking about the recent trends in the Banking and Financial Services Industry, in a candid conversation with Kanchi Shah, Head of Production, Exibex. Tariq Alusaimi is responsible for driving the digital strategy for Central Bank of Kuwait, the Kuwaiti banking sector, and oversees the development of the Kuwaiti Fintech eco system. He is also a member of the Technical Advisory Committee for Finnovex Middle East 2019.

NEWS

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SA to get fintech innovation hub

27/05/2019

Child of the Reserve Bank and the FSCA, set to open in 2020. Article  Source – Moneyweb  South African authorities are working behind the scenes...

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How Artificial Intelligence Is Already Disrupting Financial Services

16/05/2019

Technology and customer demands are just two factors behind an evolving business model for banking in Africa. Article  Source – Barron’s  ...

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Biggest banks in South Africa: Profiling five of the top lenders by assets

13/05/2019

Article  Source – Compelo Banking The In a special 2019 series, Compelo is shining a spotlight on South Africa. From Standard Bank to Absa, Andr...

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Infographic: 6 FinTech trends for 2019 and beyond

09/05/2019

With the introduction of online banking, transactions can now be done remotely through your smartphone with just a few taps of your screen. Article  S...

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Landscape Shifting Rapidly

07/05/2019

Technology and customer demands are just two factors behind an evolving business model for banking in Africa. Article  Source – Global Finance  ...

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Capitec CEO has a warning for South Africa’s new banks

29/03/2019

Article  Source – Business Tech  Capitec this week published audited financial statements for the year ended February 2019, showing strong growt...

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UAE investors optimistic towards growth potential despite challenging markets

08/02/2019

When respondents were asked to estimate their expected investment return in the coming year, a quarter (24%) expected returns exceeding 10% and just 7...

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8 Technology Trends the Banking Industry Must Act On In 2019

06/02/2019

Source: The Financial Brand2019 will not be a continuation of the past with banking technology. But which technology trends will matter most in the mo...

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SWIFT Is Trialing a New Payment System to Take on Fintechs and Blockchain Tech

19/12/2018

Article  Source – CCN The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced its decision to launch a pilot Globa...

News

A $1 Trillion Opportunity for the GCC Financial Sector

29/11/2018

Article  Source – Forbes Middle EastChallenges in introducing digital wealth managementDigital wealth management (“DWM”) – either in the form of...

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