Richard Muthua is currently the Executive Head for Cloud and Cyber Security at Liquid Intelligent Technologies.
He has previously held different technology leadership positions as Executive Head Cloud and Business Consulting for Internet Solutions, Head of Business Solutions, head of Product Development and Head of Solutions across Africa.
He has over 15 years’ experience cutting across technology and sales leadership with key focus on Cloud, Cyber Security, Business continuity, among others.
Enthusiastic about seeing technology transforming lives through solving real-life challenges.
In the past two years we have seen a massive uptake of technological solutions from Saccos – from core-banking systems to security tools to support and secure Sacco digital assets. This session will explore the trends and tools built from the ground up to support the Digitalisation of Saccos in the continent.
Rosemary Karachi is the Business Development Manager for Banking Solutions at Netcompany-Intrasoft East Africa. She oversees banking product portfolio in East and Southern Africa. She has played a key role in addressing and working with Financial Services sector stakeholders including SACCOs, to provide banking solutions for the unbanked and under-banked, leveraging Fintech solutions for financial inclusion. Over the last 5 years, she has been an active participant in the Digitization conversation in the SACCO sector.
Rosemary’s career spans across various financial services organizations, where she has pioneered solutions to address financial sector deepening initiatives in the region. Before Netcompany-Intrasoft, she worked as Senior Manager in Fintechs and a Bank. She is an expert in core banking systems, digital channels, payment gateways and switching solutions. She has worked as Head of Alternative Banking Channels and Strategic Partnerships at a leading bank in Kenya, where she pioneered strategic partnerships with SACCOs. She championed the bank in providing a shared platform for cheque truncation services, Treasury and Trade Finance services for the participating Saccos.
Rosemary holds a Degree is Communication (PR), Diploma in Computer Science and currently pursuing a Master’s degree in Business Leadership and Management.
Cynthia Wandia is a Kenyan electrical engineer, polyglot, entrepreneur, businesswoman and corporate executive, who is the chief executive officer and co-founder of Kwara Limited, a Kenya-based online and mobile banking platform for financial cooperatives, credit unions and community banks.
She concurrently serves as the managing director of ASTRA Innovations, a German-based enterprise that she co-founded.
Saccos have been for the better part of the decade dwarfs compared to their larger cousins when it comes to technology. But the availability of flexible digital technologies with a low capex entry point has seen technology-driven product sophistication rivaling banking products popping up in Saccos. Are Saccos about to disrupt the financial services sector thanks to technology?
Digital Banks (NeoBanks) appear to be the next big thing in the financial services sector. With less legacy technology in most Saccos, tech companies are plugging in a digital banking technology layer with omni-channel capabilities that gives these Saccos a massive edge. Are Saccos poised to become the defacto neobanks?
A key challenge for financial institutions and even more so for SACCOs is providing the same experience that members get in-person, online. Digital transformation has been a trend for a while now and the COVID pandemic has undoubtedly escalated the demand for digital solutions. But how can SACCOs build digital products fit for their members and at the same time maintain their bottom-line, become competitive and ever more resilient?
Generation Z (Gen Z or Zoomers) is the first generation to have grown up with a smartphone. The Internet is one of the basic needs for this generation. For posterity, Saccos needs to start engaging this generation and their requirements are unique and will challenge the status quo. Gen Z will challenge the product architects in Saccos to a whole different level. Are Saccos currently equipped to serve this next generation of customers? What steps do Saccos need to take to attract Gen Z?