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According to a recent report by the World Bank, about 90% of retail transactions in sub-Saharan Africa are cash based and just 34% of adults in Africa have traditional bank accounts. GSMA’s 2016 annual report also noted that 500 million Africans currently use mobile phones and that the number will rise to 725 million by 2020, while only 84 million persons in 31 African countries have an active mobile money account. Frost & Sullivan, a consulting firm to the World Bank, disclose that Mobile money transactions in sub-Saharan Africa could exceed $1.3 billion by 2019 while investment in cashless transactions in the continent is expected to grow by $62 billion per year with a commensurate growth in international remittances to Africa. The conference shall create a point of convergence for Payment Systems Executives, Financial Institutions, Fintech Companies, Payment Card Executives, Economic leaders where critical decisions will be taken on strategies for a seamless and secured cashless payment system in Africa. The Conference will also look at the Modern Cashless Payment Systems using cash-substitutes as compared to traditional payment systems. These include: Debit cards, Credit cards, Electronic funds transfers, Direct Credits, Direct Debits, Internet Banking, e-Wallet, Mobile Money and e-Commerce Payment Systems. From cash to cashless: The Journey of Cashless Payment Systems in Africa. Cashless Financial Transactions and the role of Technology. Financial Transaction Standards in a digitized Africa. The challenges of Cross Border transaction. Financial Fraud Detection in a cashless world. Money laundering in a cashless payment system. The Future of Cashless Economy in Africa.

TechTalk is a live talk show on technology. It is a platform where tech students, developers, practitioners, leaders, enthusiasts and users meet to discuss, learn and brainstorm on trending issues in the tech world. It is a great opportunity to meet people and learn. TechTalk is created by Ashpot in line with our vision for Increasing the impact of IT Education. TechTalk is a must-attend for anybody with a career in tech, or wishing to pursue a career in tech. This second edition is featuring talks and panels on Machine Learning, Artificial Intelligence and Internet of Things (IoT).