Understanding the Future Trajectory of the African Financial Services Industry (FSI)
The Impact of Limited Digital Literacy on Fintech Adoption in Africa
Overcoming Infrastructure and Connectivity Barriers in African Fintech Development
Navigating Scalability and Sustainability Challenges in African Fintech Startups
09:30 - 09:50
Realizing the Full Potential of Kenya's Financial Services Industry (FSI) Through Comprehensive Digital Transformation
Fostering Financial Inclusion through Digital Channels to bring financial services closer to the unbanked population
Establishing regulatory sandboxes and innovation hubs to encourage experimentation and collaboration between fintech startups, traditional financial institutions, and regulators
Collaborate with cybersecurity experts and organizations to establish best practices and threat intelligence sharing mechanisms
09:50 - 10:10
Cloud Banking for a New Financial Horizon
Discuss the potential cost savings achieved through the elimination of on-premises datacentres, reduced hardware and maintenance expenses, and optimized IT resource utilization
Explore how cloud banking allows financial institutions to scale their operations up or down according to demand, enabling efficient resource allocation and reducing capital expenditure
Examine how cloud-based robust security measures, backup and disaster recovery solutions help financial institutions maintain uninterrupted services and data integrity in the face of disruptions
10:10 - 10:30
Retail Banking: Envisioning New Ways to Serve and Engage with Customers Better
How digital and modern banking services are changing the financial services sector?
Key trends driving the evolution of the financial services sector
Why choosing the right technology partner in this process of digitalization is crucial?
10:30 - 11:10
Panel Discussion
Harnessing Data Analytics for Strategic Intelligence & Success
Leverage Data for Process Optimization, Predictive Maintenance and Supply Chain Optimization
Drive Informed Marketing and Customer Insights: All about Personalization, Customer Segmentation, Sentiment Analysis, Feedback Interpretation and Conversion Rate Optimization
Examine the Role of Data Analytics in Assisting in Financial Modelling, Risk Assessment, Strategic planning, and Market Intelligence
11:10 - 11:40
NETWORKING BREAK & VISIT TO EXHIBITOR LOUNGE
11:40 - 12:00
Empowering Customers: Open Banking and Financial Freedom
Discuss how open banking enables customers to access a broader range of financial services and products from multiple providers through a single platform
Discern the various monetization strategies employed by financial institutions in the open banking era, including fee-based services, revenue-sharing agreements, and value-added offerings
Explore the importance of strong customer consent mechanisms and data control tools in open banking to ensure that customers have control over their financial data
12:00 - 12:30
Fireside Chat
Cybersecurity Threats in Financial Services: Safeguarding Assets in the Digital Era
Examine the impact of ransomware attacks on financial institutions, which can lead to operational disruptions, financial losses, and reputational harm
Initiate a robust incident response plan in place, including communication strategies and forensic analysis
Predict future cybersecurity vulnerabilities in financial services, such as AI-driven cyberattacks and the evolution of regulations
12:30 - 12:50
AI and Financial Services: The Future of Smart Investments
Discuss how AI-powered chatbots and virtual assistants are being used to provide round-the-clock customer support, answer inquiries, and guide customers through various financial processes
Explore the use of AI in credit risk modelling, analysing vast datasets to assess the creditworthiness of borrowers, resulting in more accurate lending decisions, and reduced defaults
Highlight the use of Robotic Process Automation (RPA) to automate routine and rule-based tasks, such as data entry, reconciliation, and compliance checks, reducing errors and operational costs
12:50 - 13:10
Assessing the Viability and Feasibility of Contemporary Fintech Innovations for the Future
Assess the relevance of an upcoming fintech innovation by focusing on the specific problems it aims to solve and whether it offers unique features or advantages compared to existing solutions
How adaptable is this fintech innovation to changing regulatory landscapes, and what compliance challenges it might encounter?
Explore the practicality of implementing the innovation by examining its compatibility with legacy systems, integration capabilities, and measures for safeguarding sensitive financial data
13:10 - 14:00
LUNCH BREAK
14:00 - 14:40
Panel Discussion
Elevating Customer Experience in the Financial Services Industry
Enhancing Digital Platforms: Discussing the role of user-friendly websites, mobile apps, and online portals in providing customers with convenient access to financial services
Assess how to simplify complex financial product information and terms & conditions to help customers better understand the products they are using or considering
Review the importance of implementing strong cybersecurity protocols and data encryption to protect customer information and foster trust
14:40 - 15:00
Redefining Efficiency and Empowering Businesses through Low-Code No-Code Platforms
Introducing low-code and no-code platforms to simplify the application development process, enabling developers and non-developers to build applications with minimal coding
Analyse how these platforms facilitate rapid prototyping and iterative development, allowing organizations to quickly test and refine their ideas before full-scale implementation
Explore how these platforms alleviate the bottleneck of development requests, enabling teams to respond to business needs more swiftly
15:00 - 15:20
Fintech Fusion: Driving Financial Excellence through Digital Partnerships
Explore various forms of digital partnerships, such as bank-fintech collaborations, open banking initiatives, platform-based ecosystems, and regulatory sandboxes
Discuss how local market dynamics influence partnership strategies
Examine the global impact of digital partnerships, discussing examples of successful collaborations from different regions
How to bring digitally less aware audience to Neo-banks
Achieving speed, convenience and cost savings to reduce dramatic overhead expenses
Reorienting consumer confidence while venturing into a 100% digital and paperless business model
15:40 - 17:00
CLOSING REMARKS & AFTER HOURS
08:00 - 09:10
Registration & Coffee
09:10 - 09:30
Highlighting the Policy Framework and Applications of CBDC Adoption in Kenya
Future of payments in Kenya and brief about the country’s vision and CBDC strategy
Understanding the major opportunities, risks and trends associated with the adoption of CBDC
Applicability and use cases of CBDC in Kenya
09:30 - 09:50
Banking as a Service (BaaS): Revolutionizing Financial Access
Examine how BaaS facilitates cross-border transactions and international expansion by providing access to banking services and compliance solutions
Comprehend how BaaS can transform retail and e-commerce by enabling businesses to integrate financial services, such as digital wallets and lending, into their platforms
Exploring emerging trends in BaaS, such as decentralized finance (DeFi) integration, the role of blockchain technology, and the potential for BaaS to drive financial inclusion
09:50 - 10:10
Biometric Authentication Systems in Financial Services: A Secure and Convenient Approach to Protecting Financial Transactions
Understand various biometric modalities employed in financial services and their advantages & limitations
Explore emerging trends and innovations in biometric authentication, such as continuous authentication and biometric fusion
Appraise the importance of industry standards and regulatory frameworks in ensuring the secure and ethical use of biometric data in financial services
10:10 - 10:30
The Transformative Role of Smartphones in Delivering Financial Services
Delve into the multifaceted role of smartphones in the delivery of financial services, exploring their impact on accessibility, convenience, and innovation
Analyse how smartphones can democratize P2P lending platforms and investment & trading, allowing individuals to participate in financial markets
Discern how smartphones can make further significant impact on financial services delivery through financial institutions and fintech startups
10:30 - 11:10
Panel Discussion
Going From Cash to Code: The Future of Digital Payments
Comprehend the underlying technologies that enable digital payments and how they contribute to the security and reliability of digital transactions
Probe the complexities and inefficiencies associated with cross-border digital payments
Explore emerging concepts like central bank digital currencies (CBDCs), decentralized finance (DeFi) and blockchain technology that can possibly revolutionize financial transactions
11:10 - 11:40
NETWORKING BREAK & VISIT TO EXHIBITOR LOUNGE
11:40 - 12:00
RegTech Insights: Staying Ahead of Regulatory Changes
Apprehend the significance of RegTech in the modern financial world and its potential to revolutionize how regulatory compliance is achieved
Discern collaborative efforts between regulatory authorities and the RegTech industry in creating regulatory sandboxes and promoting innovation
Explore the potential of RegTech to facilitate global regulatory harmonization and streamline compliance for organizations operating in multiple jurisdictions
12:00 - 12:30
Fireside Chat
Modernizing Conventional Banking Products in a Digital World: Innovations, Challenges, and Opportunities
Discuss the challenges faced by traditional banking products in meeting modern customer needs
Underline the importance of a customer-centric approach in modernizing banking products, focusing on personalization, user experience, and 24/7 accessibility
Analyse the challenges faced by banks in modernizing their products, including legacy systems, cultural resistance to change, and cybersecurity threats
12:30 - 12:50
Digital Transformation of the Financial Services Sector: Unlocking the Future Potential
Discuss the importance of embracing digital transformation for banks
Discuss how automation, robotic process automation (RPA), and AI-driven processes are improving efficiency, reducing operational costs, and minimizing errors
Explain the rise of digital wealth management platforms and robo-advisors, making investment services accessible to a broader audience
12:50 - 13:10
Financial IT Infrastructure: The Backbone of Modern Finance
Explore the core components and technologies that underpin the financial IT infrastructure, including servers, data storage, networks, software applications, and security systems
Examine the importance of robust network connectivity for real-time data transmission and transaction processing
Discuss how performance optimization is achieved through hardware upgrades and software enhancements
13:10 - 14:00
LUNCH BREAK
14:00 - 14:40
Panel Discussion
The Digital Insurance Revolution: Embracing Insurtech Solutions
Differentiating Insurtech from traditional insurance practices
Expound the need for change in the insurance sector, emphasizing factors such as evolving customer expectations, increased competition, and technological advancements
Review real-world examples of Insurtech solutions, such as digital underwriting, claims automation, telematics for auto insurance, and on-demand insurance
14:40 - 15:00
Bridging the Gap: Empowering Microfinance with Digital Technology for Dynamic Lending and Innovation
Providing an overview of the global digital transformation in the financial industry and its impact on traditional banking and microfinance
Discuss the infusion of digital technology into microfinance operations, including mobile banking, digital payments, and online loan applications
Explore how digital technology enables dynamic lending practices, allowing MFIs to adapt loan terms and sizes to meet customer needs
15:00 - 15:20
Exploring the Phenomenon of Buy Now, Pay Later (BNPL): Transforming Consumer Finance
Be acclimatized to Buy Now Pay Later (BNPL) type of financing, how it compares to other traditional forms of credit and the challenges & trends of this market
Get insights from a real case of BNPL implementation, including the project challenges, activities, and milestones
Understand best practices to address and mitigate some risks of BNPL, including Machine Learning, Early Warnings Signs processes and Scoring models validation
15:20 - 15:40
Setting the Context Right: Demystifying Blockchain Technology for FSI
How to conjugate centralized traditional finance with decentralized finance
Comprehending the use cases, interoperability, and scalability of blockchain
Running down through the security and regulatory pitfalls in adopting blockchain technology
15:40 - 17:00
CLOSING REMARKS & VISIT TO EXHIBITOR LOUNGE
*The above is a running agenda and is subject to change