Market Overview
As East Africa embraces digital growth, financial fraud, cybercrime, and compliance risks are escalating. With the surge in mobile money usage and shifting regulatory demands, financial institutions are under increasing pressure to balance fraud prevention with seamless transactions.
Presented by BII, the AFSC Summit – East Africa serves as a leading platform to address these critical challenges. Under the theme “Fortifying Financial Security AI, Collaboration & Future-Ready Fraud Prevention,” this year’s summit will spotlight cutting-edge innovations, emerging fraud trends, and collaborative strategies to enhance fraud prevention and regulatory compliance.
Bringing together industry leaders from banking, fintech, microfinance, Financial institutions and regulatory bodies, the summit fosters vital discussions on cybersecurity resilience, risk mitigation, and compliance best practices—empowering organizations to build a more secure and fraud-resilient financial ecosystem.
Why East Africa?
East Africa is at a critical crossroads as financial fraud, cybercrime, and regulatory complexities intensify. The rise of AI-driven fraud schemes and stricter compliance mandates demand stronger collaboration between banks, fintechs, telecom providers, and regulators. Proactive fraud prevention and risk management are essential to safeguarding financial security, strengthening investor confidence, and ensuring a resilient digital economy. Organizations must stay ahead of these evolving threats to protect sensitive data, maintain business continuity, and preserve customer trust.
This summit acts as a dynamic platform for knowledge exchange, fostering collaboration, and equipping industry leaders with cutting-edge tools and strategies to combat cyber threats effectively.