First Bank to leverage fintech for innovative service delivery

First Bank of Nigeria Limited, on Thursday reiterated its commitment to taking its innovative services to a higher level for customers by leveraging Financial Technology (Fintech) value addition offerings. The bank’s Managing Director, Dr. Adesola Adeduntan, gave this in his address at the Fintech Summit hosted by the company in Lagos. Taggged, ‘FirstBank Fintech Summit […]

Banks, FinTechs must partner to improve financial services – Experts

Some experts in the nation’s financial and technology space have noted that for banks and Financial Technology (FinTechs) entities to optimize their operations in the financial services sector and by implication, grow their businesses, there is need for them to synergise their activities. The experts made this submission at the 2018 Finance Correspondents Association of […]

Regulations to protect FinTech investors underway–SEC

The Securities and Exchange Commission (SEC), said on Wednesday that it would release regulations that would guide FinTech investments in the nation’s capital market. The capital market regulator explained that the move was in furtherance of its desire to transit towards a technology-driven capital market. The commission’s Acting Director General, Ms Mary Uduk who made […]

Fintechs pose new challenges to traditional banking – CIBN

The Chartered Institute of Bankers of Nigeria (CIBN), Lagos State branch, has said that the spate of increasing deployment of financial technology by banks to offer real time services and products to their customers will re-define the future of banking in the country. The Chairman of the Lagos branch of the professional body, Mr. Kola […]