Kenya: Banking conference to focus on use of technology in banking

Sep 24, 2013

The Kenya Bankers Association (KBA) will hold its second Annual Banking Research Conference on September 23rd and 24th in Nairobi, under the theme "Deepening the Banking Industry through Crossing of Boundaries", KBA's CEO Habil Olaka has revealed.

The Kenya Bankers Association (KBA) will hold its second Annual Banking Research Conference on September 23rd and 24th in Nairobi, under the theme "Deepening the Banking Industry through Crossing of Boundaries", KBA's CEO Habil Olaka has revealed.

The conference will bring together stakeholders from the banking and financial services sector, academics
and policymakers,
as well as representatives of the public and private sector, CIO East Africa reports.

Mr Olaka said banks and financial institutions need to move away from traditional models of operation and head towards technology-driven service provision, as a gradual shift in consumer attitude and growing demand for "anytime-anywhere" access to services has been recently observed.

He added that
experts will discuss
the measures needed to promote stability and competition within the banking industry, as well as emerging developments that have motivated the consideration that new frontiers in banking will be driven by an element of synergy.

Participants
will therefore study
the synergistic relationship between banks and Mobile Network Operators in a bid to improve efficiency in payments and promote financial inclusion,
as well as cross-border expansion of Kenyan Banks.ADNFCR-2976-ID-801641001-ADNFCR