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FITC to host 2021 TechNovate Conference June 23, 24

Come June 23 and 24, 2021, FITC will host the TechNovate Conference 2021, an innovative conference themed “Repositioning the Financial Services Sector, The Rise of Fintechs, New Technologies, and Innovative Solutions”.

FITC is a world-class, innovation-led, and technology-driven knowledge institution which provides learning, insights and innovation, as well as advisory services to financial institutions and other sectors in Nigeria and beyond.

The FITC TechNovate Conference 2021, set to hold virtually, will see key players in the financial services sector, technology and financial technology firms in attendance for a robust industry engagement session.

The conference will attract the brightest minds in the financial system within and outside Africa, according to Chizor Malize, FITC managing director/CEO.

Globally, the competitive landscape of financial services is undergoing a paradigm shift, including new entrants who are looking to disrupt the space with entirely digital platforms giving rise to new technology innovations. The increasing focus on digitalization does create some questions around security, cyber-crime control and identity, all of which are crucial to maintaining a well-running financial market. The FITC TechNovate Conference is aimed at helping financial institutions navigate the opportunities ahead; identify and implement novel strategies to enable them thrive in this age of innovative disruption, and be strategically repositioned to drive new innovations, increase market share, and remain competitive.

Speaking on the relevance and timeliness of the programme, Malize said the Nigerian financial services sector has come under intense pressure from FinTech firms, which are agile and innovative firms leveraging technology to deliver tailored financial service offerings to consumers and corporates.

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Furthermore, she noted that the increasing use of smartphones, internet penetration, large unbanked and underbanked population, among other factors have also led to rising acceptance of FinTech services by bank customers. Still, the Fintech sector remains largely unregulated, with stakeholders yet to develop an acceptable regulatory framework for the sector.

“The landscape of financial services is undergoing a paradigm shift, giving rise to new technology innovations, process disruptions and a landscape redefined by FinTech disruptors. To take advantage of the opportunities ahead, financial institutions must implement novel strategies that will give them a competitive edge in today’s business environment.

“The two-day virtual conference will provide opportunity for participants and speakers to discuss topical issues in the FinTech and financial services ecosystem. It will also provide an opportunity to have quality conversations with the most experienced digital transformation decision-makers in finance,” Malize said.

Speakers expected at the FITC TechNovate Conference include local and international C-suite executives, subject matter experts, thought leaders, regulatory agencies, digital transformation specialists, insurance, investment companies, tech units of banks, financial inclusion specialists, and payment systems leaders from the financial services and Fintech industry who will be sharing their wealth of knowledge and experiences on the highly competitive financial technology and innovation environment, and how their operations are constantly evolving and being impacted.

The list includes Konstantinos Tsanis, digital transformation & fintech specialist, International Finance Corporation (IFC), Ganiyu Musa, managing director/CEO, Cornerstone Insurance, Niyi Ajao, deputy managing director, Nigeria Interbank Settlement System (NBSS), Mitchell Elegbe, founder & group managing director, Interswitch, and Ashely Immanuel, managing director/CEO, Enhancing Financial Innovation and Access (EFInA).

Others are Fara Jituboh, co-founder & chief executive officer/chief technology officer, Okra Inc., Ade Bajomo, executive director, operations & IT, Access Bank, Tokunboh Ishmael, co-founder & managing director, Alitheia Capital Limited, Musa I. Jimoh, director, payment system, Central Bank of Nigeria (CBN), and Femi Adeoti, managing director/CEO Inlak Computers, amongst others.

Aishah Ahmad, deputy governor (Financial System Stability) of the Central Bank of Nigeria (CBN) is the distinguished host for the programme, while the keynote speaker is Adebisi Shonubi, CBN deputy governor, Operations.

It would be recalled that FITC hosted the largest Cybersecurity and Employee Engagement and Experience Conference recently.

Participants are expected to register to attend the FITC TechNovate conference at http://bit.ly/FITC_FinTechConference.

Established in 1981 as a non-profit organisation limited by guarantee to provide capacity building and serve as a knowledge hub for the Nigerian Financial Services Sector, FITC is owned by the Bankers Committee, i.e., CBN, NDIC, and all deposit money banks in Nigeria.

FITC is a recipient of the International Federation of Training & Development Organisations (IFTDO) ‘Change Agent in Learning and Development in Africa’ Award, 2020 Business Excellence Award (The BIZZ Award), 2020 Strategy Innovation & Change Award, The International Business Excellence (IBX) Award, among others.

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