Top Tweets for #EAFINTECH2018
Insurance companies are not disruptive since all their interaction with data is only based on their own internal data - Peter Nduati @PeterNduati @ResolutionKE #DIF2018 #EAFINTECH2018
“Digitization has to be widely diffused within the economic and social fabric of a nation.” @PeterNduati Group CEO @ResolutionKE #EAFINTECH2018
“In many industries, digitization is at the acceleration point on the classic S-curve, indicating where new services, products and technologies are emerging.” @PeterNduati Group CEO @ResolutionKE #EAFINTECH2018
Block chain will reduce the costs associated with transactions and make products affordable .Insurance companies have to embrace systems that can digitize their processes and encourage innovation - @PeterNduati #DIF2018 #EAFINTECH2018 #Blockchain @ResolutionKE
If digitization doesnt make things affordable and easily accessible then it wont help the economy. Digitization needs to enhance transparancy in both government and private sector - Peter Nduati @PeterNduati @ResolutionKE #DIF2018 #EAFINTECH2018
What has slowed down tranformarion in insurance is resistance to new technology. Most insurance companies are still stuck with products which were invented long before technology took over - Peter Nduati @PeterNduati @ResolutionKE #DIF2018 #EAFINTECH2018
Digitization is affecting everything but insurance has remained very conservertive in how they serve their clients.If insurance believes that they need insurance agents then they will be left behind-Peter Nduati @PeterNduati @ResolutionKE #DIF2018 #EAFINTECH2018 #BLOCKCHAIN
Retweeted I-View Concepts (@iviewconcepts):
@mobinetgroup CEO Andrew Otiko sharing insights with stakeholders at #EAFINTECH2018 on the value and the importance of payment card with the growth of mobile payments in Africa.
When barclays first released an advert on ATM,many people were wondering...how do i get my money from a wall..This far technology has helped to transform the financial sector - Peter Nduati @PeterNduati @ResolutionKE #DIF2018 #EAFINTECH2018 #Blockchain
@mobinetgroup CEO Andrew Otiko sharing insights with stakeholders at #EAFINTECH2018 on the value and the importance of payment card with the growth of mobile payments in Africa.
The backbone of kenya is agriculture.But most farmers are unbanked.They dont go into banks or have ATMs near them. Mobile money would work best for them and not card payments. Card payments is a nightmare for them - Andrew Otiko @mobinetgroup #DIF2018 #Blockchain #EAFINTECH2018
Over 75% of transactions made in kenya are from mobile payments.There is no need to spend thousands of dollars in creating cards for payment. Digital payments is the way to go - Andrew Otiko @mobinetgroup #DIF2018 #EAFINTECH2018 #BLOCKCHAIN
“Blockchain creates trust between strangers by providing a single source of truth” @BenM4nn COO IBM East Africa @IBMMEA #EAFintech2018
Not everyone can have their own block chain.Integration and data integrity is needed for proper collaboration of the #Blockchain
technologies - Ben Mann @BenM4nn @IBMMEA @IBMBlockchain #DIF2018 #EAFINTECH2018
For blockchain to be successfull in kenya,we need to ensure the foundation of data integrity and risk management is properly done - David Piesse #BLOCKCHAIN #DIF2018 #EAFINTECH2018
Anticipating @chrisgathingu presentation on Driving Collaboration between financial institutions and fintechs in the payment space at the #EAFINTECH2018 #SpotCash
Big data has already helped kenya.Uber is already scoring behaviour of drivers to get to what amount of loan to give an uber driver - Bitange Ndemo @bantigito #Blockchain #DIF2018 #EAFINTECH2018
The blockchain taskforce is to help in implementation of blockchain systems in government institutions. There is hope that a legal sandbox can help in testing the blockchain systems to allow for innovation -Bitange Ndemo @bantigito #DIF2018 #EAFINTECH2018 #Blockchain
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