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The future of African banking is smart

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Fundamo, iCreate and Alcatel-Lucent have signed up to sponsor the Banking Technology Africa Summit. Electronic banking systems are opening doors for banks to extend their service reach and accelerating economic growth for unbanked African markets. Africa’s financial services sector is being revitalized by employment of banking technologies which have not been widely adopted on the continent.

South Africa’s unbanked population alone is estimated at more than 10-million people. To eliminate issues of poor accessibility to money transaction services, technology based solutions will be introduced in the form of strategies and products at this event for banking executives and mobile network operators. The Summit will present innovative applications that are commonly used in Europe and the U.S to curb costs, drive revenue, simplify operational processes and secure a healthy share of the consumer market.


We are pleased to announce that IT News Africa followers can now take advantage of an exclusive offer – SAVE up to R2,915 on delegate fees with the extended early bird pricing. (quote the voucher code ITNEWS to claim the offer). Interested parties can e-mail enquiry@iqpc.ae or call +971 4 364 2975.

The Banking Technology Africa Summit takes place on 20 -23 June 2011 at The Grace Hotel, Johannesburg, South Africa. For more information, you can visit www.bankingtechnologyafrica.com.

By Angela Meadon

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