Sharp Daily
No Result
View All Result
Wednesday, October 8, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

ABSA, Huawei Strike Deal To Enhance Digital Banking

Cynthia Mungai by Cynthia Mungai
September 26, 2022
in News
Reading Time: 2 mins read
Huawei

[Photo/ Courtesy]

Huawei has collaborated with Absa Bank Kenya to develop digital banking services in the country aimed at ensuring financial services meet the evolving needs of a young clientele base.

Absa Bank Kenya is a subsidiary of Absa Group Limited, an African financial services company. With operations in 12 different African nations, Absa Group Limited is one of the continent’s diversified financial service firms.

Huawei will enable the establishment of an advanced platform to power the bank’s corporate digital transformation through the partnership with Absa Bank Kenya.

“The partnership involves establishing a software-defined wide area network (SD-WAN), hailed as the next generation technology and service designed to connect the bank’s branches, and promote smart branch upgrades by constructing a powerful network based on cost-effectiveness, agility, flexibility, scalability, security, and compliance,” part of the statement read.

RELATEDPOSTS

KCB, Cooperative, and Absa lead in Kenya’s sustainable finance awards

November 21, 2024

Huawei unveils 2024 ICT competition for Kenyan students

October 11, 2024

Read: Banking Researchers Highlight Banking Industry Opportunities

To support service expansion, the bank is undergoing a digital transformation that includes building a cloud-based network between its headquarters and branches. This network is the foundation of the partnership between Huawei and Absa Bank Kenya.

The Absa Bank Kenya Chief Information Officer Moses Okudi said that the bank had invested generously towards giving users a seamless transaction experience.

“We strive to offer our customers a real-time, seamless digital experience to enable them to bank and transact seamlessly at the convenience of wherever they are,” he said.

To ensure the effective implementation of the bank’s digital transformation strategy, technical teams from Huawei and Absa Bank Kenya have conducted in-depth discussions and surveys.

By shifting to digital and intelligent customer care services, the bank will maintain the momentum that peaked during the COVID-19 pandemic, when cashless transactions were the norm, according to Okudi.

The digital platform will benefit Absa’s 83 branches around the country, as well as 212 automated teller machines (ATMs), and online mobile banking services.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

NSSF Not Sufficient To Offer Consistent Source Of Income Post Retirement – Cytonn Report

Next Post

Tuko Journalist Handed 6-Months Jail Term Over Misreporting

Cynthia Mungai

Cynthia Mungai

Related Posts

News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025

LATEST STORIES

The economic and environmental gains of Kenya’s LPG shift

October 8, 2025

Equities, Bonds, or Fixed Deposits?

October 7, 2025

Kenya’s Inflation is creeping up, What it means for investors

October 7, 2025

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024