By Leo Odera Omolo
A high profile banking technology conference is set for the Kenyan capital ,
With the recent signing the
Prior to the law, cheques had to be moved physically to the clearing house and then sent back to the paying banks for a transaction to be affected.
This process took up to four working days meeting cheque owners had to wait for up to a week.
This and many more emerging banking technologies that boost service delivery will be discussed at the conference set for Nairobi between February 17 to 19.
“What we are soon seeing is banks moving images of cheques in the clearing house instead of the hard copy. This will make intact transactions between the paying bank and clearing house,” said Mwangi Managing Director DITEC.
Ditec has organized the conference in conjuction with satoricim payment, samba technology SBATECH technology Association and Miran zact among others.
Banks will also have opportunity to exhibit their latest technologies to the public during the conference. We will have a speaker from
Technology presents great opportunities for the financial sector to extend reach , improve service and reduce costs.
Dubbed banking technology serving the customer through payment technologies, the conference experience to relation to all technology implementation and services, challenging supplies and banker to evaluate her system.
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