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African Banking

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Success will require both preparation and flexibility. Having a robust and open CBS to accelerate digitization will be key. Providing a completely mobile customer experience from the moment of enrollment will be imperative in the future. Distributing mobile products independently or with established partners is an opportunity to push new offerings and tap into impressive growth. Switching in-house servers and data storage facilities to cloud services will be critical going forward. Adopt "omnichannel" digital, end- to-end solutions between mobile applications and legacy systems to meet the challenges of automation and TCO reduction. Modernize core banking technology Become mobile-first Scale mobile money offers Embrace cloud technology Adopt proactive API management Source: A commissioned study conducted by Forrester Consulting on behalf of Sopra Banking, August 2020. 01/ Mobile banking maturity in Africa 02/ Unpacking the data 03/ Planning the future 04/ Five winning practices 05/ A new era of African banking How can African banks best manage risk and capital to address immediate hurdles and capitalize on future opportunities?

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