• Money & Markets
Saturday, March 25, 2023
  • Login
No Result
View All Result
NEWSLETTER
Money & Markets
18 °c
Nairobi
18 ° Fri
18 ° Sat
18 ° Sun
18 ° Mon
  • News
  • Big Read
  • Markets
  • Economy
  • Investing
  • Energy
  • Opinion
  • Africa
  • World
  • News
  • Big Read
  • Markets
  • Economy
  • Investing
  • Energy
  • Opinion
  • Africa
  • World
No Result
View All Result
Money & Markets
No Result
View All Result
Home Fintech

KBA partners whith Huawei to promote tech-driven financial inclusion in banking sector

by Editor
February 6, 2023
in Fintech
0 0
0
KBA partners whith Huawei  to promote tech-driven financial inclusion in banking sector
0
SHARES
58
VIEWS
Share on FacebookShare on Twitter

Kenya Bankers Association (KBA) has signed a collaboration agreement with tech-firm Huawei-Kenya that seeks to deepen financial inclusion in the banking sector through further deployment of technology and building fintech capacity.

In the partnership, KBA will work closely with Huawei-Kenya to spearhead industrywide capacity building initiatives aimed at promoting knowledge on financial technology innovation, digital transformation, and other ICT-related programmes in the banking industry.

The partnership seeks to promote tech-led financial inclusion as well as Fintech ICT Capacity; The two organizations have convened a summit on ICT and financial inclusion.

35 Webinar best practices and everything to make a fantastic webinar 2023

Under the partnership, KBA and Huawei will also aim to promote financial inclusion activities in line with the KBA Strategic Plan for the period 2020 to 2023.

Launched last year, the Plan seeks to promote access to affordable financial services through tech-aided operational efficiency.

Speaking during the signing of the agreement, KBA Chief Executive Officer Dr. Habil Olaka said the cooperation would go a long way in promoting the delivery of efficient banking services in Kenya through knowledge-sharing programmes that will be organized by the two institutions.

The partnership will further focus on research and knowledge-sharing activities, which will supplement the research initiatives that continue to be spearheaded by the Association’s Centre for Research Financial on Markets and Policy.

“In this regard, the collaboration will certainly augment KBA’s and member banks’ knowledge base in engagements with diverse stakeholders from a fact-based perspective,’’ said Dr. Olaka.

The partnership comes on the heels of the the 2020 edition of the Huawei-KBA Online FSI Summit slated for 30th September this Year.

The forum is among the initiatives Huawei and KBA are jointly implementing to promote the delivery of efficient banking services through technology under the cooperation agreement.

Huawei-Kenya Chief Executive Officer Mr. Will Meng welcomed the partnership, saying technology will remain a core driver towards enhancing convenient access to financial services in light of disruptive occurrences such as the ongoing Coronavirus Disease pandemic.

The theme of the upcoming summit is “Building Banking Core Competence through Digital Transformation to Accelerate Inclusive Finance’’

“It is one of the initiatives we are rolling out in Kenya in partnership with the Association to ensure we optimally leverage on technology to achieve affordable and accessible financial services in the regional economy,’’ said Mr. Lee.

The summit comes at a time when the global economy is coping with the impact of the Coronavirus Disease.

Dr. Olaka noted that the banking industry has continued to tap into the potential of technology to uphold business continuity and supporting customers, a culmination of efficient deployment of technology by the banking sector during this period.

“Beyond the COVID-19 disruption, we see technology as an invaluable enabler of financial inclusion. I have no doubt that the summit along with the KBA-Huawei collaboration will play a significant role in our collective efforts to entrench technology in our operations and sustain our contribution to the national development agenda,’’ Dr. Olaka said.

 

Tags: bankingFintechHuaweiKBA
Editor

Editor

Next Post
Mastercard partners with Samsung, Airtel and Asante to drive digital inclusion in Africa

Mastercard partners with Samsung, Airtel and Asante to drive digital inclusion in Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *




Latest Articles

  • Zipline Unveils New Autonomous System Capable of Quiet, Fast and Precise Home Delivery
  • Kenya’s mobile phone subscription hits 65.7 million
  • Integrating Traditional Medicine into Health Care Systems Key to Attaining Universal Health Care
  • Nordic microfinance initiative re-brands to Abler Nordic and announces new funding for investment in Sub-Saharan Africa  
  • CENSA, WayCool Foods’ tech arm aims to pioneer a revolution in Africa’s food supply chain
  • OPPO Reno 8T Series with first-ever 108MP Unveiled with sensational O-Stars
  • COVID Safety Influences Choice of Travel Destination in Post-pandemic Era
  • Zipline successfully completes Kisumu test flight ahead of Commercial Launch of its Operations in Kenya
  • Standard Chartered advises investors to “play It safe” in its global economic outlook report
  • Renewable energy key to powering sub-Saharan Africa’s Health Sector

TOP SEARCHES

acquisition AfDB Africa Airtel Banks brexit CBK Central Bank Central Bank of Kenya China COVID-19 dividends energy Equity Bank Equity Group Equity Group Holdings Finserve High Court ICT Imperial Bank Insurance interest rates Jambojet Jumia KCB KDIC KenGen Kenya Kenya Airways KRA M-Pesa MD mKey MPesa NSE Patrick Njoroge profit profits Safaricom shareholders shares SMEs StarTimes Tanzania Uhuru Kenyatta




  • Money & Markets

© 2020

No Result
View All Result
  • Money & Markets

© 2020

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In