Mauritian bank seeks cross-border banking strategy
Genesis partnered with a Mauritian bank aiming to use its strengths, and the country’s position as an international financial centre, to provide a variety of solutions for the continent’s financial institutions, corporates and affluent customers.
MSME training needs assessed as cross-border payments go digital
Genesis was commissioned to undertake a training needs assessment for MSMEs engaged in digital cross-border trade. The study spanned five COMESA member states (Kenya, Malawi, Rwanda, Uganda and Zambia) and was aimed at boosting the use of digital financial services for cross-border payments in the region.
Encouraging the acceptance of QR codes by SA micro merchants
Genesis was commissioned by a global financial services company to conduct research on how to encourage the uptake of QR payments by micro merchants in South Africa, on behalf of a payment solutions provider aiming to enter this space.
Probe on purchase of crossborder digital payment provider
A Pan-African bank commissioned Genesis to assess the revenue potential of the purchase of digital payment provider, with the intention of streamlining crossborder remittance payments both across its own customer base and for non-customers.
Evaluating the impact of a central bank digital currency
Central banks across the world are rethinking approaches to financial and payments system infrastructure. New technologies such as distributed ledgers are revolutionising the way customers, businesses and financial intermediaries interact.
Strategy for mobile-wallet partnership opportunities in Africa
Genesis Analytics was commissioned by a global card association to conduct a mobile-wallet partnership opportunity assessment across five countries, Ghana, Senegal, Madagascar, Cote d’Ivoire and Mauritius. This entailed assessing and mapping the payment landscape in each country and identifying key payment opportunities in the mobile money, card and digital payments space.
Vision and strategy for Kenya’s National Payment System
Genesis was engaged by the Financial Sector Deepening Trust (FSD) Kenya, on behalf of the Central Bank of Kenya (CBK), to perform a market analysis of the payments landscape in Kenya, and thereafter develop a 10-year vision and five-year strategy for the National Payment System (NPS).
First comprehensive mapping of South African fintechs for national treasury
To enable the growth of the fintech sector while minimising risk and protecting consumers, the National Treasury, in partnership with The World Bank Group, commissioned Genesis to conduct the first full market diagnostic and sizing of the local fintech sector.
Analysing the future of South Africa’s card acquiring market
Due to innovation and competition increasing, a global payment service provider wanted to better understand the market to engage new partners and increase their market share. This required a strategy and go-to-market approach across the various acquiring channels.
Due diligence on third-party payment processor deal
Genesis helped fill an information gap for an international private equity firm when it conducted a commercial due diligence assessment of a third-party payment processor (TPPP) in South Africa whose main business was processing insurance-premium payments.
Helping South African bank to keep up with digital innovation
Genesis engaged with a large South African bank to create and maintain a market insights capability that would enable it to develop internal points of view on developments in the payments sector, allowing the bank to respond with appropriate short-term and medium-term strategies.
Balancing innovation with regulation to grow SA financial services
Genesis partnered with the Centre of Excellence in Financial Services to understand which policy and regulatory approaches best suit the South African financial sector in managing the balancing act of preserving the country's sound financial system, while enabling fintech innovation that promotes improved access to finance and growth in the sector.
Quantifying the true cost of cash in South Africa
South Africa has a high proportion of banked adults but cash still accounts for over 50% of the total value of all consumer transactions. Genesis partnered with MasterCard to quantify the true cost of this reliance on cash for consumers in South Africa.
Finding a channel sweet spot for a Nigerian bank
Genesis was commissioned by a Nigerian bank to conduct a channel optimisation study, which involved an analysis of 65 million transactions across the bank’s customer base. This took into account global trends in channel usage, cost and best-practice channel optimisation, and considered the relevance of these international trends within the context of the Nigerian market.
Plan for improving cross-border payments in SADC
Genesis partnered with the FinMark Trust to verify what impact SADC's electronic cross-border payment system (called SIRESS) was having on the cost and efficiency of cross-border payments, and to understand why banks were not making greater use of it.
Risk assessment of new distribution channels
Genesis Analytics was commissioned to conduct a risk assessment of the alternative distribution channel (ADC) strategy of four different financial institutions in Kenya, Ghana, the Democratic Republic of Congo (DRC) and Tanzania. In each instance, the project team developed a risk assessment framework and identified the kind of project risks that the institutions had experienced.
Sizing market for mobile phone money transfers
Genesis was commissioned by one of the largest mobile network operators (MNOs) in Africa to establish the size of the market for local and cross-border money transfers in 16 countries throughout Africa, the Middle East and South America, including Nigeria, Ghana, Côte d'Ivoire and Cameroon.