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Originally published by Tech Arena
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tech
March 26, 2026
2h ago

Equity Group is Betting on AI as 98.2% of Transactions are Happening Outside Physical Branches

Equity Group is Betting on AI as 98.2% of Transactions are Happening Outside Physical Branches

Equity Group is accelerating its transition into an AI-driven financial services provider as 98.2% of transactions move outside branches..

✨ Key Highlights

Equity Group is heavily investing in artificial intelligence as a cornerstone of its future banking strategy, with an overwhelming 98.2% of its transactions now occurring outside of physical branches.

  • 98.2% of all Equity Group transactions are mobile, agency banking, merchant payments, and ATM usage.
  • The strategy is driven by Group CEO James Mwangi and the bank's significant investment in digital infrastructure.
  • Equity Group is training over 7,300 employees (62% of staff) in generative AI through a partnership with Huawei ICT Academy.

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