Event Topic: Payments General
Event Type: Conference
Date: 22 Mar 2017 - 23 Mar 2017
Time: All Day
Lagos Oriental Hotel, Nigeria,
Digital disruption can potentially shift the balance stay of power in financial services and Africabearing in mind that Africa is a greenfield opportunity for FinTech. There are compelling opportunities that can fundamentally influence the way by which billions of people bank their money, make payments, remittances and more, in a continent where mobile phone penetration exceeds bank account and bank cards ownership, combined.
FinTech holds great potential for the future of African economies where cash is still the king, and the financial architecture of bank, payment, and transfer services are still lacking. However, with improved mobile phone networks availability across the urban and rural communities has contributed positively.
Technology is changing the workflow and processes in the financial services industry across the globe. Business tasks once dominated by paper currency and humans are now being completed entirely on digital platforms. The finance industry is at the start of an unprecedented period of disruption. Established firms and start-ups are both embracing disruptive new technologies. This promises big changes to banks, insurers, investment firms and real economy served by the finance sector.
Almost all sectors of financial services including payments, money transfers, banking and more – is being re-imagined by non-traditional providers and Fintechs, while the traditional incumbent providers are reinventing themselves very quickly to understand better the puzzle presented by the Fintech and how they can leverage on the digital movement.
Fintechs empowered by technology are laying a claim to the market share that has traditionally been a stronghold of the incumbents. It’s not just Fintechs but competitors from other sectors in a bid to diversify, have continued to leverage technology to tapping into the financial services sector. The technology is boosting productivity, competitiveness, resilience and growth with new financial services business models, which is creating challenges for both regulators and market players.
The CashlessAfrica conference will not only highlight the challenges and opportunities in the Fintech space in Africa but will provide knowledge and networking platform that will bring the African Fintech industry at par with its counterparts across the globe. The summit will empower stakeholders to devise strategies that will help them keep pace with the evolving financial eco-system in this digital age.
CashlessAfrica 2017 is an exclusive platform for the Fintech, banking, payments and retail industry where thought leaders of the industry from across the globe will gather to discuss and deliberate on the challenges and opportunities in the sector. The conference spanning over a course of two days will witness power-packed presentations, thought-provoking roundtable discussions, informative panel discussions and Q&A sessions.
The CashlessAfrica event will comprise three components:
(A) CONFERENCE – The two days of inspiring presentations, interactive sessions and networking opportunities with more than 40 thought leaders covering eight sessions, 24+ hours of advanced content, networking and more than 250+ official delegates. The multi-format conference will feature presentations, panel discussions, demos, networking, and exhibitions.
(B) FINHACKTON – In March 2017, the FinTech community will be invited to collaborate and co-create solutions to compelling financial services challenges across Africa with specific challenges solicited from the market demand-side. Teams will develop market-ready solutions to these problems, and the selected teams will present their solutions at the demo session during the conference.
(C) CASHLESSAFRICA CHAMPION AWARDS – The CashlessAfrica Champion awards will recognize innovative Fintechs, banks, mobile network operators, financial services providers that have been implemented in Africa or elsewhere with the potential of impacting positively on the African continent.