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Uganda remains largely a cash economy with more than 80 per cent of transactions completed through cash

...To drive financial inclusion It was Sir Isaac Newton, in his letter to Robert Hooke in 1675, who wrote the

“API banking refers to a set of protocols that enables banks to offer their services to other fintech companies through a tech interface between software programs,” noted Francis Thairo, the Customer Advisor Financial Services at SAP during his keynote speaking slot at the 2021 Regional Fintech Summit. Thairo further noted that leveraging API procedures will enhance the digital transformation journey of the FSIs and are therefore extremely crucial now, given the unprecedented times. Advertisement “APIs will also broaden the horizon for financial companies to access customer data and fe...

“AI and RPA were big things for Fintech in 2019-2020. Now, the Fintech world has grown from a statistics perspectives and is containing to grow.” Said Laura Chite, the CEO of CIO East Africa At its core, fintech is utilized to help companies, business owners and consumers better manage their financial operations, processes, and lives by utilizing specialized software and algorithms that are used on computers and, increasingly, smartphones. Fintech, the word, is a combination of “financial technology”. Advertisement Fintech can be used anywhere, by anyone. Meaning it becomes accessibl...

Advertisement The 2020s are the era of the cloud. Now, I would like to say that 2021 is the era of cloud yes, infused with the adaptability and cutting edge innovations, of Fintech. It is not hard to see why businesses are drawn to this relatively new technology known as Fintech, but what does this mean for the Kenyan tech landscape? “What we are seeing from 4IR is digital transformation and migration to the cloud. A lot of the communication involves humans, and necessarily, machine to machin,” Said Chad Toerien, the Sub-Saharan Africa Leader at CloudFare. This made it clear that there is...