Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning
6th November,2021
Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.
In this edition,
Microfinance and Mobile Banking: A Solution to Financial Exclusion: Impoverished countries are challenged with barriers within the economy due to the large number of low-income earners which excludes them financial opportunities such as loans. Fortunately, Microfinance and Mobile Money are trying to combat financial exclusion by helping low-income earners start businesses and invest in their future and engage in mobile banking.
Banking Executives agree that Ghana’s eCedi Will Impact the Banking Sector: The 2021 PwC Ghana Banking Survey has shown that 70% of bank executives are convinced that the use of Ghana’s digital currency, eCedis will be prominent within three to five years. 75 % of senior bank executives interviewed expressed enthusiasm at the prospects of process optimisation and bigger e-ticket transactions, which could lead to enhanced credit delivery and financial intermediation.
Juniper Networks Extends AI-Driven Support to Operator Efficiencies: The use of data and automation are redefining how customer experience is delivered. Juniper Networks , a leader in secure, AI-driven networks, has unveiled new support solution driven by artificial intelligence(AI) that delivers holistic visibility and insights across its entire Junos portfolio.
EVENTS
Africa Cashless Payment Conference & Awards 2021
Africa Cashless Payment Systems Conference & Awards 2021 will take place in Accra, Ghana from 28-30 November 2021With the theme “Building a Cashless Africa”, the conference is expected to be opened by Ghana’s Vice President Mahamudu Bawumia with eminent speakers to include Dr. Ernest Addison, Governor of the Bank of Ghana focusing. The event will focus on mobile banking and payment systems, application developers, banking and financial services, financial trading, investors, entrepreneurs, insurance companies, cryptocurrency dealers and more.
EDUCATION
Online Resource : FinTech Partnerships Playbook: Playbook is designed to assist USAID staff, development practitioners, and donor stakeholders—to brainstorm and develop projects that take a purpose-driven approach to private sector engagement in digital finance that supports countries along their journey to self-reliance.
OPPORTUNITIES
Nigeria’s Fintech Economy: The Nigeria Fintech Census 2020 research shows that the Nigerian FinTech industry is nascent compared to FinTech ecosystems globally and factors underpinning success stories recorded in recent time. Some of the factors underpinning the success of the industry include Access to capital, Availability of technical, financial services and entrepreneurial talent, Demand for FinTech services and Policy and regulation.
SPOTLIGHT
The Pan-African Payment and Settlement System – PAPSS – enables the efficient flow of money securely across African borders, minimising risk and contributing to financial integration across the regions. In collaboration with Africa’s central banks they provide a payment and settlement service to which commercial banks, payment service providers and fintechs across the region can connect as ‘Participants’.
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