Facebook Twitter LinkedIn RSS
    Trending
    • Anambra expands free solution WiFi access
    • Access group staff donates blood across Africa in life-saving initiative 
    • Access Bank Tanzania Honours President Samia Suluhu Hassan for Exceptional Leadership
    • Study shows investors believe AI market is on the brink of a seismic shift
    • NITRA-ALTON CNII & Sustainability Conference Rescheduled for August 7, 2025
    • Nigerians to earn 18% annual income with Luno’s Crypto Staking
    • USSD wahala reloaded: Are telcos quietly dipping into your airtime? By Elvis Eromosele
    • Gartner recognizes Sophos as 2025 leader for endpoint protection platforms
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»Josla Electric partners Flutterwave to unwrap cognitive banking solution
    News 3 Mins Read

    Josla Electric partners Flutterwave to unwrap cognitive banking solution

    mmBy ITPulseAugust 7, 20173 Views
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    The Josla Electric , Akintola Adesanmi, Akinlabi Ajelabi, Babatunde Adeniyi, Olufemi Alogbo
    The Josla Electric Team….L-r: Akintola Adesanmi, Co-Founder, Akinlabi Ajelabi, CEO, Babatunde Adeniyi, COO and Olufemi Alogbo UX Engineer
    Share
    Facebook Twitter LinkedIn Pinterest Email

     

    By Martin Ekpeke

    Lagos based Josla Electric Company Limited, an indigenous and an innovative Fintech startup that uses various Artificial Intelligence to capture key service metrics for optimal customer experiences, has in partnership with Flutterwave, a leading electronic payment startup company to launch a cognitive banking solution that will likely alter the Nigeria’s Epayment ecosystem.

    Tagged ‘CASBA’, the solution is cloud based, and a self-service application integrated with a chatbot interface that provides bank customers with an alternative and convenient platform to carry out 24 hours banking transactions.

    Speaking at the launch of the solution in Lagos last week Friday, Josla’s Chief Executive Officer, Mr. Akinlabi Ajelabi explained that CASBA accesses customers’ bank information via the web or mobile, adding that the solution gives financial advice by managing the customers’ budget and saving for various time period, so as to save towards life goals.

    “CASBA is an Artificial Intelligence solution, which communicate via an inbuilt robot called ‘KIRA’ to push data to customers that represents real-time transactions. The Chatbot direct conversation with your bank for personalised services,” he said.

    He explained that the app is basically a means to transfer funds and make other payments without necessarily going to the bank. “At the comfort of your home or office, you can make payments or do a cash transfer within one minute,” he assured.

    Ajelabi argues that the uniqueness of CASBA is that it is interactive, in the sense that the Chatbot can answer all your various banking questions and address the issues 24/7. He disclosed users of the app interact with the bank through various channels such as Facebook, Twitter, Whatsapp and bank-owned apps.

    With these interactions, the application gets users input, process the information and provide a favourable response.

    Built with cloud resources and powered by AI system, CASBA seamlessly connects with the bank’s API for access to core banking operations and deprecation in case the user wants to interact with lives agent.

    Other benefits of the solution to banks, according to Ajelabi are personalized experience, where total view of the customer behavior is guaranteed, trust & service – real time access to information and technical support that can help the banks to save up to 40 per cent in cost.

    Meanwhile, Oluwtobi Oni, Head of Sales Team at Flutterwave, which is providing the payment gateway for CASBA has assured that the security of the solution is guaranteed, being that Flutterwave prides itself as one of the best electronic payment startup in Africa. “for every transaction to be completed, the customer would have to go through an OTP or a uses a PIN. If the owner of the phone is not available to complete the process, the transaction cannot be successful,” he said.

    Oni stated that Flutterwave is partnering with Josla to build the payment gateway, stressing that the first part is to build the electronic payment application, but you need a payment gateway to complete the transaction.

    “We are partnering with Josla to process their payment, where customers can top up their bill, transfer fund. We will be powering that payment. That is what Flutterwave is bringing to the table,” he added.

    Akinlabi Ajelabi Akintola Adesanmi Babatunde Adeniyi Josla Electric Olufemi Alogbo
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    Anambra expands free solution WiFi access

    July 25, 2025

    Nigerians to earn 18% annual income with Luno’s Crypto Staking

    July 23, 2025

    Nigeria’s economy sees boost in Q1 2025, driven by surging ICT sector

    July 22, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    Anambra expands free solution WiFi access

    July 25, 2025

    Access group staff donates blood across Africa in life-saving initiative 

    July 25, 2025

    Access Bank Tanzania Honours President Samia Suluhu Hassan for Exceptional Leadership

    July 25, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    Anambra expands free solution WiFi access

    July 25, 2025

    Access group staff donates blood across Africa in life-saving initiative 

    July 25, 2025

    Access Bank Tanzania Honours President Samia Suluhu Hassan for Exceptional Leadership

    July 25, 2025
    Popular Posts

    Data is the new oil: Africa Data Centres Executive on digital transformation

    July 22, 2025

    Nigeria’s economy sees boost in Q1 2025, driven by surging ICT sector

    July 22, 2025

    Dr. Omoniyi Ibietan: A PR powerhouse redefining strategic communication in Africa

    July 21, 2025
    © 2017 - 2025 Itpulse. Designed by Max Excellence.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.