Paynet to sponsor Kenya Banking & Mobile Money Conference

MOBILE

|
Image: By BiztechAfrica
Paynet to sponsor Kenya Banking & Mobile Money Conference

By Carole Kimutai, Nairobi, Kenya

Paynet Group will this year yet again sponsor the prestigious AITEC Banking & Mobile Money COMESA Conference, to take place over 7-8 March at the Kenyatta International Conference Centre (KICC) in Nairobi.

A staunch promoter of inter-banking industry cohesion, CEO Bernard Matthewman said he was proud of the milestones achieved so far by the banking industry; noting that the Paynet Group continued to help banks cut costs and enhance their electronic payments to millions of clients.  

“It’s a defining time for the banking and mobile money industry in East Africa and the wider COMESA region; we are sponsoring the conference to support a unique opportunity for players in this industry to meet and share experiences. It is critical for all of us to keep up to date, which makes the conference something industry participants cannot afford to miss.”

The AITEC Banking & Mobile Money COMESA conference is the largest banking and mobile money event in the East African and COMESA bloc and is organised in conjunction with the COMESA Business Council (CBC) by AITEC Africa. 

This year, the conference hopes to attract over 1,000 participants drawn from the senior echelons of commercial banks, mobile money providers, and regional integration organizations like the East Africa Business Council. Some of the world’s leading banking technology developers and vendors have also confirmed participation.

According to AITEC Chairman Sean Moroney, who is programme director for the event, a key focus of the conference will be the looming reality of monetary integration, an extension of a debate involving central bankers from Kenya, Uganda, Burundi, Rwanda and Tanzania and a  development that will impact the banking business and regional trade significantly.

In the main conference theatre, presentations by speakers will review trends in commercial and retail banking, innovations in banking technology and mobile money, new banking channels, products and services, among other topics.

Paynet Group’s renewal of the sponsorship effectively means that it retains for the sixth time the title of platinum sponsorship of this event.

The group is composed of PesaPoint, Paynet Kenya and EFT Kenya and provides payment services to banks and mobile money providers in Kenya, Tanzania, Uganda and Rwanda.

PesaPoint is available at more than 550 ATMs and 1,200 POS locations throughout Kenya and has been at the centre of integration with mobile money players like M-Pesa and Airtel Money

A recent survey indicated that even though banks are increasingly taking to infrastructure sharing, they still continue to lose hundreds of millions of shillings every year by investing unnecessarily on ATMs and devices at point of sale locations.

“The market is typified by expensive duplication of infrastructure by banks and mobile money organizations and it is becoming clear that this approach is not viable if they wish to drive down costs,” said Mr. Matthewman adding that most players are now reacting to this and are beginning to share their infrastructure and strive towards greater efficiency. “At the heart of this is collaboration and co-operation- something we see the AITEC Banking& Mobile Money COMESA conference as helping to foster,” he said.

Internet Solutions (IS) Limited, a leading corporate managed internet service provider, is also a Platinum Sponsor of the event, which hopes to bring together more than a hundred banks and banking related institutions from the region and beyond.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE MOBILE NEWS

The transformative power of affordable smartphones and unlimited data in Ghana

Smartphones are helping transform their lives of ordinary people in Ghana, Reports Nana Appiah Acquaye. Read More

TNS, Kantar Media in strategic mobile research partnership with GeoPoll in Africa

Global research consultancy TNS has announced an exclusive partnership with GeoPoll to deploy a new range of research products and services intended to improve market research in Africa. Read More

5th edition of Tigo Ghana Meets Naija launched

The biggest musical concert on the events calendar, Ghana Meets Naija, returns in its fifth year, with an even bigger and more exciting package for music fans in both Ghana and Nigeria. Read More

Tigo launches bid to become biggest 4G network in Tanzania

Tigo Tanzania has launched a brand new 4G LTE technology, which it says will make it the biggest and fastest Internet network in the country. Read More

Tigo Big Six - data liberation for Ghanaian subscribers

Tigo’s Unlimited (Tigo Big Six) package gives real freedom to new customers to enjoy extended internet access.   Read More

Mobile Africa 2015: African phone use decoded

A survey of mobile phone usage in five African countries has delivered startling findings on the rise of Internet access via phones, the potential demise of Nokia and the continued appeal of BlackBerry. Read More

President Jonathan commends operators on National Mobile Health Insurance collaboration

Nigerian President Goodluck Jonathan has commended telecoms operators for their collaborative efforts in putting Nigerians on the National Mobile Health Insurance programme platform. Read More

Vodafone Ghana Fixed Broadband customers get bundle extension

Vodafone Ghana says it will soon be offering a one-week validity extension to all fixed broadband users in the country.  Read More

Airtel, UNAIDS partner

The Chief Executive Officer, Airtel Nigeria, Segun Ogunsanya, has explained that the partnership of the telco with the Joint United Nations Programme on HIV/AIDS (UNAIDS) will allow ample opportunity to further promote its Touching Lives initiative aimed at positively impacting on Nigerians, especially in the area of quality healthcare ... Read More

GSMA: mobile phone gender gap emerges

A new GSMA report says over 1.7 billion women in low- and middle-income countries do not own mobile phones. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

The transformative power of affordable smartphones and unlimited data in GhanaThe transformative power of affordable smartphones and unlimited data in Ghana

Smartphones are helping transform their lives of ordinary people in Ghana, Reports Nana Appiah Acquaye.

IN DEPTH

NIMC infrastructure must be managed by credible people: NIMC chiefNIMC infrastructure must be managed by credible people: NIMC chief

NIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy.

COMPANY NEWS

Microsoft, IICD launch employability hub in Ghana

Microsoft Ghana, in partnership with the International Institute for Communication and Development, has launched the TizaaWorks online platform, a one-stop online hub for employability and entrepreneurship.