A timely discourse on leveraging technologies for accelerated financial inclusion

The Finnovex West Africa summit took place between 26 – 27 October 2021 and was held online via the host’s virtual platform, which witnessed the attendance of more than 1,000 decision makers from the banking and financial industry.

The summit took place between 26 – 27 October 2021

This two-day event was timely as it highlighted the imperative to invest and develop new technological solutions in cybersecurity, customer experience, advanced data analytics, and new digital delivery platforms for driving financial inclusion within the sector.

Industry thought-leaders explored trailblazing topics, which included accelerating West Africa’s digital transformation journey, the future of the payments landscape in West Africa, driving the use of AI to become the bank of the future and the use of cloud to create new business frontiers.

The conference chair, Cornel Dixon, head of Africa at Backbase, claims that the biggest fintech unicorns come from Africa, and so there should be an increase in leveraging African tech players to drive financial inclusion.

Vincent Kilcoyne, executive vice president of product management at SmartStream, highlighted some statistics regarding the true cost of operational losses facing banks and the need to overhaul internal processes to reduce these losses.

Stephen McCullah, CEO at Apollo Fintech, talked about driving the mass adoption of digital payments with the CBDC and bank wire system, which would further help to reduce operational losses.

For more information on the Finnovex summit editions coming up globally in 2022, visit – https://finnovex.com/