Middle East and Africa Regional Awards 2016
The Asian Banker recognized the winners of The Middle East and Africa Regional Awards on April 20, 2016 at The Ritz Carlton, Dubai International Financial Centre, Dubai, United Arab Emirates. Our extensive and strict evaluation of the winners revealed the following key trends:
- Mobile phones for funds transfer in Tanzania, Kenya, and South Africa outdo that of the most developed countries on the planet
- Increased focus on fraud and cybersecurity in Africa
- Compliance and AML remain a key area of concern for all regions, further compounded by volatility from central banks and the dark cloud surrounding sanctions (Africa)
- Numerous banks in Africa have mobile banking services riding on basic USSD technology but increasingly banks are deploying mobile platforms to originate new accounts and provide microlending products as well (Africa)
- Digital branch transformation and virtual banking as banks are seeing a steep incline in cost to serve.
These photos are also available in our Facebook album for our attendees to tag and share with their network.
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