Browsing by Author "Abuka, Charles Augustine"

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    Financial system rules vital even in face of tecnology progress.
    (Saturday Monitor, 2017-11-11) Abuka, Charles Augustine
    I wish to commend Prof Samuel Sejjaaka for the article he penned on the evolving banking industry, published in the Saturday Monitor of October 21 titled, 'Traditional Banking is Dead. Time to bury the corpse' . As usual Sejjaaka was spot on. My task is to comment on the suggestion of the possible irrelevance of the " regulator" in the new normal.
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    How technology is set to change the financial sector in East Africa.
    (New Vision, 2017-11-14) Abuka, Charles Augustine
    Technology now drives payment systems, saving, borrowing, risk management and financial advisory services. Though the application of advanced algorithms to big data, for example, Artificial Intelligence has been used to derive patterns that predict behaviour and prices, Mimicking human judgement to provide automated decisions on trading, credit approval, regulatory compliance and fraud detection, among others.