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African Banks Turn to IBM to Support New Wave of Innovation in Banking Services

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IBM is working with banks and telco providers to help bring financial services to the unbanked across Africa. (PRNewsFoto/IBM) 21 Dec 2011 21:02 Africa/Lagos African Banks Turn to IBM to Support New Wave of Innovation in Banking Services IBM signs agreements with leading Kenyan banks as financial institutions across Africa invest in smarter banking solutions NAIROBI, Kenya, Dec. 21, 2011 /PRNewswire/ -- IBM (NYSE: IBM) has announced details of five strategic agreements in the Kenyan financial services sector as banks across Africa turn to advanced technologies to support rapid growth, increase profitability and launch innovative new services such as mobile and internet banking. (Photo: http://photos.prnewswire.com/prnh/20111221/NY26459 ) (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) Over the last six months IBM has signed contracts with five of Kenya's leading banks: Credit Bank, Co-operative Bank, Family Bank, National Bank of Kenya and National Industrial Credit ...