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Home » News » Kenya set to host the 11th Edition of the Connected Banking Summit 2024

Kenya set to host the 11th Edition of the Connected Banking Summit 2024

Last updated: February 2, 2024 9:16 am
Jessicah Mwambia 2 years ago
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5 Min Read
Connected banking summit
The upcoming 11th Edition Connected Banking Summit - East Africa is scheduled to be held on the 6th March, 2024 in Nairobi, Kenya.
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Global Executives, experts, and banking leaders will convene in Nairobi, Kenya on March 6, 2024, for the 11th Edition Connected Banking Summit.

This global gathering of executives, experts, and leaders will explore innovative banking models, accelerating digital transformation, and delivering outstanding customer experiences while upholding privacy and security standards.

The East Africa edition in Nairobi, Kenya edition will be preceded by the flagship West Africa event in Accra (Ghana) on February 24.

Future-oriented banking models

Joining forces with the Connected Banking Awards – East Africa, the summit will bring together leaders from Banks, Insurance Companies, FinTechs, and TechFins to discuss integrated solutions shaping the banking landscape.

Global brands in attendance will also have a platform to share insights on the impact of technologies such as AI, ML, and digital assets on the financial services ecosystem.

This year’s theme, “Crafting the Future of Banking with Inclusion & Digital Evolution,” addresses pivotal challenges and trends in the sector. With keynote presentations, panel discussions, roundtable sessions, and networking opportunities, the summit will cater to over 300 pre-qualified attendees from various sectors.

Organized by the International Center for Strategic Alliances (ICSA), the Connected Banking Summit 2024 is a must-attend for BFSI professionals seeking practical and cost-effective solutions for digital banking development.

Digital and innovative banking solutions

The summit will delve into crucial topics, including the role of AI and Gen AI in banking, financial inclusion strategies, mobile banking, omni-channel banking experiences, regtech, cybersecurity, personalized banking solutions, fintech collaborations, sustainable and green banking, and digital transformation.

Testimonials from past attendees highlight the quality and innovation presented at the summit.

“I was really impressed with the quality of the speakers and particularly the companies that participated. Most extremely interesting and innovative across a range of industries,” remarked Seyi Kumapayi, CFO, Access Bank PLC after the last edition.

‘Innovation in Banking’ at the Connected Banking Summit

In today’s digital age, financial solutions are just a few taps away. 

Kenya’s prominence in digital technology adoption within the banking sector is underscored, showcasing enhanced customer experiences and substantial business value through data investments.

In recent years, Kenya has further positioned itself as a global leader in the adoption of digital technologies within the banking sector. This transformation has not only enhanced the customer experience but has also unlocked substantial business value through data investments.

In a country like Kenya where banking apps and mobile banking were the preferred digital service among bank customers as of 2021, it will be interesting to learn more about the digital banking revolution.

Kenya is also a standout and pacer of mobile banking linked to mobile money platforms with Mpesa globally recognized as an innovative money-at-hand system for anyone with a valid registered SIM card.

Mpesa has been a global leader revolutionizing the mobile money platform

Loan apps in Kenya have also revolutionized the way people access credit, making it more convenient and accessible than ever before. The challenge however lies in prudent investments that generate value for money.

Suffice to say, mobile banking has transformed Kenya’s financial system and brought banking to the masses.

Managing Digital Risks

The event, sponsored by notable industry leaders like Huawei, and Microsoft, will address pressing issues, including managing unsecured data access and digital risks in the era of data as a valuable asset.

Renowned speakers from Kenya and the region, including Cyrus Kamau, Karuiki Ngari, and Angela Mwirigi, will be on hand to share their insights.

Recognized as ‘The Best Banking Tech Summit’ for five consecutive years, this summit is a not-to-be-missed opportunity for those passionate about the future of banking.

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