<\/p>\n
<\/p>\n
<\/p>\n
Huawei on Thursday, March 16, 2023 delivered its position on the Ghana Chamber of Telecommunications\u2019 2023 Mobile Technology for Development (MT4D) Conference dubbed, \u201cDriving Digital Inclusion In The Real Economy\u201d with its FinTech 2.0 Solution.
\u00a0
At the event, held at the Kempinski Hotel in Accra, Mr. Lee Maina, Head of FinTech, Huawei Southern Africa Region\u00a0 indicated that, Huawei as a Global Leader in FinTech Solutions with insight on current trends in Ghana, Kenya and other Sub-Saharan countries where inclusion has heavily been driven by mobile money and its reach to the unserved and underserved, believes that: \u201cIt\u2019s the ideal time to expand FinTech from being ubiquitous to a tool used in deepening financial inclusion to help drive value for the real economy.\u201d
\u00a0
According to Mr. Lee Maina, Mobile FinTech space is entering a new phase where customer data is becoming more critical in the endeavor to authenticate, offer the most suitable services and in carrying out more precise credit assessments. \u201cThis is no longer those \u201cnice to have\u201d approaches but a vital cog in retaining and gaining market share in an ever-crowding industry where even new entrants are challenging established incumbents.\u201d
\u00a0
In the race for ownership of the customers\u2019 mind share, we believe the winners will be the ones that will have the most valuable, relevant, holistic and authenticated body of data that enables them to offer the most suitable services to customers, at the most suitable time and at a user specific pricing.
\u00a0
For us to generate this rich data that\u2019s scattered across different sectors, platforms and players, there is the need for concerted efforts from all stakeholders not only in bringing everyone online but also in collapsing our approach to technology from Silo based to layer based where information is easily shared. Huawei\u2019s FinTech 2.0 seeks to bridge this gap created by fragmentation by bringing this layered approach not just to FinTech Technology but also in the upselling of ideal services where the personalized proposition for each user deepens based on our understanding of each customers habits and needs.
\u00a0
As a world-leading ICT enterprise, Our Vision and Mission is to bring digital to every person, home and organization for a fully connected and intelligent world. With Fintech 2.0, we continue to invest heavily in FinTech research and innovation, supporting players in the FinTech space to create end to end solutions that will bring the value chains online, basically seeking to solve some of the persistent problems they may be having beyond payments.
\u00a0
That way, we remove any lethargies to adoption extending their resilience, ultimately generating the required data to extend services & drive localized innovation and ensuring efficient deployment of capital and resources.
\u00a0
For the Ghanaian market, Huawei has deployed its Finance and payments cloud as part of its FINTECH 2.0 strategy which boasts micro loan, buy now pay later, shoppers\u2019 loan, overdraft, savings, Super apps with mini apps etc. allowing FinTechs in Ghana to enjoy them on SAAS (Software As A Service) mode with minimal investment whiles offering them the flexibility to localize the solutions and utilize the local developer ecosystem for scale & support via a low code\/no code developer platform.
\u00a0
Its estimated that Ghana has over 20K developers and the local universities add approximately 1K new developers into the job market annually. It\u2019s not viable to absorb all these talents in the current job environment nor will all the surplus have an equal stab at entrepreneurship, it is therefore prudent to devise a sustainable way to accommodate them into our FinTech strategy and ecosystem and they will play a vital role not only in scaling our services to the longtail customer segments but also in driving local innovations. Huawei Low code\/no code developer solution empowers FinTechs to achieve this vision.
\u00a0
\u201cWe have deployed our FinTech in more than 40 sites globally which is currently serving more than 400M customers, so It\u2019s not just Technology but our ability to package all this best practice learnings from other successful sites and bring that success DNA to your project to ensure faster time to revenue. Huawei seeks partnerships in Ghana with like-minded organizations to deepen financial inclusion\u201d, – Lee Maina \u2013 Huawei Head of FinTech, Southern Africa region.
\u00a0<\/p>\n
Source: Peacefmonline.com<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n
Featured Video
<\/p>\n <\/p>\n
<\/p>\n
<\/p>\n Disclaimer<\/span>: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.<\/span><\/td>\n
\n <\/tr>\n
\n<\/table>\n
\n
\n <\/p>\n