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By Chinenye Anuforo
Financial technology leaders Interswitch and ACI Worldwide are collaborating to propel East Africa’s digital payment transformation. Building on their success in Lagos, they recently held a stakeholder session in Nairobi, Kenya, highlighting cutting-edge solutions for banks, fintechs, and other financial institutions.
The event brought together industry experts to discuss critical topics like cross-border payments, infrastructure modernization, open banking, and next-generation security. These discussions emphasized how technology can empower businesses and consumers to drive positive change in the region’s financial sector.
“East Africa’s financial landscape is rapidly changing,” said Peter Kawumi, Managing Director, Interswitch East Africa. “Our partnership with ACI allows us to analyze these shifts and deliver solutions that meet the market’s evolving needs.”
Santhosh Rao, Senior Vice President for ACI Worldwide in the Middle East, Africa, and South Asia (MEASA), echoed this sentiment. “Together, we’re committed to transforming Africa’s financial services. By developing modern digital payment solutions, we aim to deepen financial inclusion and create a more secure and inclusive financial ecosystem.”
Jonah Adams, Managing Director of Digital Infrastructure and Managed Services at Interswitch Syetegra, emphasized the importance of collaboration. “Strategic partnerships like ours break down barriers and foster seamless digital payments, empowering businesses to expand and drive economic growth.”
The event provided a valuable platform for participants to engage with experts from both companies and learn how these cutting-edge solutions can streamline their operations. Networking opportunities also allowed attendees to connect with industry leaders and potential partners.
Interswitch and ACI’s stakeholder sessions solidify their commitment to transforming Africa’s payment landscape. These collaborative efforts pave the way for a more robust, secure, and inclusive financial ecosystem that benefits everyone.
