{"id":355250,"date":"2017-09-20T13:31:29","date_gmt":"2017-09-20T13:31:29","guid":{"rendered":"http:\/\/citifmonline.com\/?p=355250"},"modified":"2017-11-10T11:17:51","modified_gmt":"2017-11-10T11:17:51","slug":"take-advantage-of-technology-to-grow-financial-institutions-urged","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/09\/take-advantage-of-technology-to-grow-financial-institutions-urged\/","title":{"rendered":"Take advantage of technology to grow – Financial institutions urged\u00a0"},"content":{"rendered":"

Financial institutions have been encouraged to take advantage of the enormous opportunities offered by modern technology to achieve efficiency and optimal returns.<\/p>\n

Mr. Edward Aikins, Head of Vodafone Ghana\u2019s Enterprise Products and Propositions, said this was vital if they were to stay competitive and remain relevant in today\u2019s digital world.<\/p>\n

He was addressing a forum held by the Micro-Credit Association (MCAG) in Kumasi.<\/p>\n

\u201cDigital finance: the future of Brick and Mortar institutions in the era of technology. The smart ways to survive in a digital world\u201d was the topic chosen for discussion.<\/p>\n

Mr. Aikins reminded the institutions of the increasing sophistication and appetite for the use of technology by the people and said it could not continue to be business as usual.<\/p>\n

\u201cThe playing field has changed, people are embracing technology and there are simple tools for financial institutions to benefit from.\u201d<\/p>\n

He cited the platform for disbursement and collection of loans provided through the introduction of mobile money transfer by mobile telecommunications.<\/p>\n

He told them that with financial technology, there was ready data for them to access background data of clients and to save operational cost.<\/p>\n

Mr. Ebenezer Quartey, Executive Secretary of MCAG, said they were making tremendous contribution to the growth of local enterprises.<\/p>\n

He underlined the need for sustained public education to aid Ghanaians to accept digital banking, to catch up with the rest of the world.<\/p>\n

–<\/p>\n

Source: Vodafone Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

Financial institutions have been encouraged to take advantage of the enormous opportunities offered by modern technology to achieve efficiency and optimal returns. Mr. Edward Aikins, Head of Vodafone Ghana\u2019s Enterprise Products and Propositions, said this was vital if they were to stay competitive and remain relevant in today\u2019s digital world. He was addressing a forum […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[3,1564],"yoast_head":"\nTake advantage of technology to grow - Financial institutions urged\u00a0 - Citi 97.3 FM - Relevant Radio. 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