Jean Jacques Kajuga

Jifiti Introduces Tap Now, Pay Later™, Enabling Banks to Easily Deploy Their Loans Through All of the Leading Digital Wallets at Any Point of Sale Read more: https://lnkd.in/d6WKGkbZ #Jifiti #TapNowPayLater #DigitalWallets #PointOfSale #Finance #Fintech #FinancialIT

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Jifiti Introduces Tap Now, Pay Later™, Enabling Banks to Easily Deploy Their Loans Through All of the Leading Digital Wallets at Any Point of Sale “To be truly customer-centric, banks and lenders need to make their point-of-sale financing a seamless part of the customer’s payment journey. Today’s payment method of choice is digital wallets. With Tap Now, Pay Later™, customers gain the best of both worlds – all the benefits of bank financing combined with the easy ‘tap-to-pay’ experience they’ve come to expect. This serves our mission at Jifiti, which is to provide access to affordable and responsible financial solutions when and where it matters most,” stated Yaacov Martin, CEO of The Jifiti Group. https://lnkd.in/e9xhxKT4 #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Are you looking for solutions to enable digital transformation in your bank branches? Listen to Stanbic Bank's Owaa Jacob, Channel Manager Cash Devices for Kenya & S.Sudan, as he shares his story - to open up 24/7 banking services for customers and productively repurpose staff resources in branch through deposit automation technology. #banking #digitaltransformation #customerexperience

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🎙️ Get ready to elevate your banking! Tune in to our new podcast series for weekly tips and insights on making your banking faster, easier, and smarter with Ecobank's digital services. #TheBetterWay #EcobankMobile #DigitalBanking #StayTuned

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📢 Access Bank’s Award Highlights Growing Digital Banking Trend Among Business Owners. Access Bank PLC’s recent accolades at the 2024 Digital Jurist Awards for Best Digital Bank and Best Website underscore a growing trend: business owners are relying more heavily on mobile and web platforms to manage their finances. With the convenience of apps and online portals, managing cash flow, supplier payments, and real-time transactions can now be done quickly and efficiently from a smartphone or laptop. Yet, as businesses lean into digital solutions, concerns around cybersecurity and data privacy also rise. This trend aligns with SAPL’s mission to guide business owners through both the benefits and potential risks of digital finance. With insights into safe financial practices, SAPL aims to empower businesses to leverage these digital tools securely and stay compliant with evolving tax regulations. #digitalbanking #businessfinance #mobilebanking #financetrends #SAPL #accessbank #digitalbanking #businesssdvisory #cybersecurity #taxcompliance #nigerianbusinesses SAPLAccounting_Lagos

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NCBA Group continues to lead the way in digital transformation with its innovative solutions designed to enhance customer experience and operational efficiency. The bank’s latest offerings include the NCBA Till, which allows businesses to process payments directly to Mpesa or Airtel Money Tills from their NCBA accounts, eliminating the need for withdrawals to mobile wallets. This feature supports multiple shortcodes and provides real-time transaction notifications through robust API integration, streamlining financial operations for businesses. In a groundbreaking move, NCBA has introduced the 15-Second Conditional Approval for asset financing, revolutionizing loan application processes. This industry-first solution enables customers to receive conditional loan approvals within just 15 seconds, drastically reducing wait times and providing swift access to financing. This innovation exemplifies NCBA’s commitment to leveraging technology to deliver efficient, customer-centric services. The bank has also enhanced its credit card offerings, positioning itself as a leader in the payments space. NCBA’s Visa cardholders recently had the opportunity to win a fully paid trip to the 2024 Paris Olympics, while cardholders benefit from discounts and cash back on payments. These initiatives underscore the bank’s dedication to offering value and convenience to its customers. NCBA’s digital products, including advanced mobile banking solutions, such as the NCBA Now app, further streamline customer interactions by supporting bill payments and card management. This ongoing digital transformation not only boosts operational efficiency but also ensures that NCBA remains at the forefront of delivering secure, innovative financial services. #DigitalTransformation #Fintech #BankingInnovation #CustomerExperience #NCBABank #FinancialServices #AssetFinancing #PaymentSolutions #MobileBanking To read more: https://zurl.co/hHMU

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Curious about the future of digital banking in Africa? 🤔 Spend some time on The African Digital Banking Transformation Report 2024, filled with key market insights to ease your bank’s transformation journey. Download the report now and see what bankers had to say: https://lnkd.in/eQ464v9H African Banker Magazine #DigitalTransformation #AfricanBanking #DigitalBanking

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The answer is MFIs, SACCOs, or Money Lenders. Use the Zimba Core Banking Software to drive your institution's growth and efficiency. Connect with us: 📞 +256 763 895805 📧 [email protected] #MFI #SACCO #Fintech #Riddles

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Are traditional banks in Kenya missing the mark with Gen Z? 📉 This tech-savvy generation is driving a shift towards digital-first, ethical banking solutions. Our latest whitepaper uncovers the disconnect and offers a roadmap for banks to realign their services to meet Gen Z’s expectations. Discover how fintech is challenging the status quo and what banks can do to stay competitive. Don't miss out on these critical insights learn more and subscribe today https://lnkd.in/gAv5fNVH #Banking #Fintech #GenZ #CustomerExperience #DigitalTransformation #KenyanBanking #EthicalBanking #DigitalBanking #FintechInnovation #GenZFinance #BankingTech #EthicalFinance #DigitalShift

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#ICYMI Highlights of the recently released African Digital Banking Transformation Report 2024 by African Banker Magazine and Backbase. ✔️African banks have widely embraced digital transformation, considering it crucial for remaining competitive, meeting evolving customer demands, and countering growing competition from digital-first banks. ✔️There is strong evidence indicating consumer preference for digital banking once they become accustomed to it. The convenience, control, advanced security measures, and the desire for cashless banking have made digital banking an attractive option for consumers. ✔️Legacy systems pose significant challenges for African banks in integrating new digital platforms. This lack of interoperability and standardization between legacy and new systems is a major concern, impacting the ability of banks to innovate and adapt to changing customer demands. ✔️The success of KCB Bank Group in Africa has been attributed to its mobile-first digital strategy. With a mobile-first continent, where smartphones are becoming more affordable and internet penetration is increasing, a well-designed mobile-first strategy is crucial for attracting customers. ✔️Retail banking remains the most important market segment for digital banking investment in North African banks, with increased investments in SME platforms as well. External service providers are often relied upon, and legacy structures are seen to have a moderate impact on the ability of banks to adapt to changing customer demands. Read the full report below. #digitaltransformation #digitalbanking #banking #fintech #africa

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📊 Revealing the Truth: Brand Perception of Microfinance Banks in Kenya Today's highlight: Our comprehensive Brand Perception Survey sheds light on how Kenyans view microfinance banks. From trustworthiness to customer satisfaction, our findings reveal key insights into the strengths and areas for improvement in the sector. Stay ahead with our detailed analysis and understand the evolving customer expectations and market trends. Dive into the full report: https://lnkd.in/dm3jvRgU #marketresearch #customerfeedback #microfinancekenya #financialinsights #kichataresearch

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𝐒𝐚𝐟𝐚𝐫𝐢𝐜𝐨𝐦 𝐞𝐧𝐚𝐛𝐥𝐞𝐬 𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐨𝐫𝐝𝐞𝐫𝐬 𝐨𝐧 𝐌-𝐏𝐞𝐬𝐚 The mobile money platform M-Pesa, operated by Safaricom PLC, has introduced a new #payment #feature that enables subscribers to establish standing orders directly from their e-wallets. This initiative aims to improve user experience and facilitate smoother financial transactions within this widely-used service. In a public communiqué dated Monday this week, Safaricom termed the feature, dubbed #Ratiba, a “first of its kind innovation” aimed at enhancing #financial inclusion among the #underbanked population, while advancing Kenya’s progress toward a cash-lite #economy. According to Safaricom, “The feature allows users to automatically transfer funds from their wallet on a daily, weekly, monthly, or yearly basis to another person or to pay recurring bills or subscriptions.” Other benefits include a simple and seamless setup process and no penalties for canceled or failed standing order transfers due to insufficient balance. Peter Ndegwa, Safaricom’s #CEO, emphasized that the development aligns with the firm’s commitment to transforming lives by offering personalized digital financial services. He stated: “M-Pesa Ratiba will allow customers worry-free digital payments of bills and transactions. We continue to innovate on the M-Pesa platform to give our customers more visibility, control, and security around their financial wellness.” To activate the feature, customers must first review and accept the terms and conditions, using their M-Pesa personal identification number (PIN) to opt-in. They can then set up standing orders for various purposes, such as sending money to family and friends, paying regular bills, or purchasing goods and services. Safaricom PLC believes the service will boost #subscription-based models and unlock new possibilities across sectors like media, entertainment, technology, health, wellness, education, and e-commerce, thus transforming #customer #experiences within the financial ecosystem. “With M-Pesa Ratiba, you can set up a regular payment schedule for rent, school fees, insurance, newspaper subscriptions, or other standard utility bills, as well as upkeep for your loved ones,” the company explained.

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Take control of your transactions – view account balances, transfer money, pay bills, request for loans and do much more on your terms, with the Bloom Mobile App. Download our app today and experience refreshing banking on the go! #BloomDigital #BloomBankAfricaSL #WeMakeItHappen

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Mastercard and Diamond Trust Bank (DTB) have entered a landmark 10-year partnership to deliver customized digital payment solutions across Kenya, Uganda, and Tanzania. This collaboration aims to revolutionize the digital and banking experience for both individuals and businesses in the region by introducing innovative, secure, and convenient payment options. Central to this initiative is the launch of Kenya’s first tokenization-based payment wearables, developed in partnership with Tappy Technologies, which brings cutting-edge contactless technology to consumers nationwide. The introduction of tokenization-based payment wearables marks a significant advancement in secure payment methods. These wearables allow users to make contactless payments effortlessly by simply tapping their device at any enabled point-of-sale terminal. Utilizing Mastercard’s Gemini Pro AI, the technology ensures that sensitive payment data is replaced with encrypted tokens, providing enhanced security and reducing the risk of data breaches. This innovation not only enhances user convenience but also promotes digital literacy and financial inclusion by making advanced payment technologies more accessible to a broader audience. Mark Elliott, Division President for Africa at Mastercard, expressed his enthusiasm for the collaboration, stating, “We are thrilled to collaborate with Diamond Trust Bank and Tappy Technologies to launch these game-changing innovations. By combining our expertise in digital payment solutions with DTB’s strong market presence, we are enhancing the banking experience and providing customers with more secure and convenient ways to pay.” Nasim Devji, Group CEO of DTB, added, “This collaboration with Mastercard will help accelerate our digital transformation journey and significantly enhance our ability to deliver innovative financial solutions to our retail, SME, corporate, and fintech clients.” This strategic partnership underscores Mastercard and DTB’s commitment to driving digital transformation and financial inclusion across East Africa. According to Mastercard data, one in nine transactions at point-of-sale terminals in the MEA region is contactless, highlighting the growing demand for secure and convenient payment solutions. The collaboration is set to deliver substantial benefits across the financial ecosystem, including enhanced consumer convenience and security, faster checkout experiences for merchants, increased transaction volumes for financial institutions, and greater customer adoption for fintechs through innovative solutions like wearables. Together, Mastercard and DTB are poised to lead the region’s digital revolution, fostering a more inclusive and technologically advanced financial landscape. #Mastercard #DiamondTrustBank #DigitalPayments #FinancialInclusion #ContactlessPayments #Tokenization #Fintech #EastAfrica #Innovation #FinancialTechnology #SecurePayments

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Faulu Microfinance Bank unveils a strategic refocus aimed at driving sustainable growth through enhanced digital banking and optimized distribution channels. Supported by a significant investment of over Ksh 900 million from Old Mutual Kenya, Faulu aims to solidify its position as a leader in digital finance and MSME support in Kenya. CEO Julius Ouma highlights Faulu's commitment to digital transformation, enhancing accessibility with expanded online services. With the backing of Old Mutual, these investments pave the way for Faulu to emerge as the forefront digital bank, meeting evolving customer needs effectively. The bank plans to leverage its robust agency network and bolster MSME support, viewing these sectors as vital to economic vitality. Through strategic partnerships and a flagship digital lending platform, Faulu aims to provide seamless transactional services and essential financial support to MSMEs. This transformative initiative reflects Faulu's dedication to customer-centric innovation and operational excellence, positioning itself competitively in Kenya's dynamic financial services landscape. #FauluMicrofinance #DigitalBanking #MSMEsupport #FinancialInnovation #SustainableGrowth To read more: https://zurl.co/yoB8

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Africa vs the world: What are the latest developments and trends in African digital banking? 🌍🏦 Find out in our latest African Digital Banking Transformation report. Gain valuable insights, discover emerging trends, and stay ahead of the competition. Download now and level up your bank with the answers to thrive in the digital era. https://lnkd.in/eQ464v9H #DigitalTransformation #AfricanBanking #DigitalBanking African Banker Magazine

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Step into the future of finance at the Africa Cashless Payment Systems Conference. Join the conversation on secure, innovative payment solutions shaping Africa's digital economy. Connect with leaders, share insights, and drive the cashless revolution. Register here: https://lnkd.in/e5GuwY3m #africacashlessconference #digitalpayments #cashlesseconomy #cybersecurity #fintech #blockchain #financialinclusion #mobilebanking #regtech #innovation #africanbusiness #paymentsolutions #networking #industryleaders #africatech

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