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Training%20course%20on%20the%20impact%20of%20mobile%20money%20transfer%20in%20the%20enhancement%20of%20financial%20services%20access»

Introduction

Money transfer generally refers to the movement of cash from one individual to another through electronic funds transfer. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office. Wire transfer systems are intended to provide more individualized transactions than bulk payment systems. Operators provide different wire transfer systems relative to the immediacy and finality of settlement and the cost, value and volume of transactions.

 

Who should attend

Stakeholders who are affected by financial services in the country. This includes senior managers of Safaricom, Employees in the MPESA department, MPESA registered Customers and also non-subscribers to the MPESA service (general public). 

Duration

5 days

Objectives

·         Understand the value of mobile money services to individuals and society

·         Learn about the regulatory framework that is required, as well as the legal boundaries, for mobile money to flourish

·         Provide insight and promote understanding of the regulatory framework that is required for establishing mobile money systems

·         Understand the environmental conditions required for mobile money

·         Analyze the limitations of mobile money versus traditional banking

 

Key topics

  • What is mobile banking and how is it changing the financial services landscape?
  • Strategic role of mobile money in financial inclusion
  • How Blockchain and cryptocurrencies are changing the landscape
  • Know Your Client (KYC) requirements in Mobile Money applications
  • What does a sustainable mobile banking business model look like?
  • Risk management issues

 

Methodology

The trainings are delivered through mini-lectures, specific case studies and group exercises and discussions

 

 

 

 

Start Date: 03/04/2019
End Date: 03/08/2019

Registration for this course has been closed. Please click ALL COURSES to view more future courses

Course Description

Course Duration: 5 days

Training Center: Datastat Research Center

Start Date: 03/04/2019

End Date: 03/08/2019

Registration for this course has been closed. Please click ALL COURSES to view more future courses

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