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    Access Bank has Pledged itself towards the Support of the Nigerian Fintech Week 2020

    Posted On 10 Nov 2020
    By : New Africa Business News, Staff Correspondent
    Comments: 12

    By Abdul Rahman Bangura–

    Photo Credit: Nigeria Fintech Week

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The week protracted circumstance, strived to highlight FinTech as an antidote to the dilemmas across diverse businesses including health, agriculture and logistics. Ade Bajomo – the Executive Director for Information Technology and Operations at Access Bank Plc, asserted, “Access Bank is committed to positively impacting lives and building the economy through technology. For years, the Bank has invested in several initiatives geared towards improving access to technological innovations while providing platforms for tech enthusiasts to innovate and make a massive impact on society.” One such innovation is Facepay which is a forerunner solution in Africa that snags the face of an individual and effects same to grant access to financial services for the unbanked, make instore payments seamlessly at merchant locations and subsequently build queleas branches.

    Bajomo talked about how various Digital identity systems are leveraged across the world to give economic inclusion for 1 Billion people who are totaled to lack access to financial services because, they do not have a form of fairly comprehended essence. The ultimate instance was how India’s Aadhaar identity management programme which
    has 1.2 billion Indians has been leveraged for financial inclusion, direct beneficiary programmes, humanitarian assistance, AML compliance, and cost savings in Government processes. He asserted that, Nigeria has a lot to learn from this and Access Bank is at the vanguard of leveraging digital identity systems to improve economic inclusion. Also added that “By partnering with the Africa Fintech Foundry and financing a significant occasion like the Nigerian FinTech Week, the Bank is giving to the speeds that we are experiencing in the Fintech landscape and to the growth of the economy at large.

    This is done through thought leadership, acceleration and incubation of tech start-ups, hosting of hackathons, and delivering digital products tailored to the African market. Through these interventions, other sectors of the economy would be able to experience 360-degree growth as well.”

    Solidifying Access Bank’s investment in the Fintech, Ade Bajomo was inducted as the new President of Fintech NGR at the 2020 AGM. Talking after his induction , he noted that, he would work with members of the association and the industry to establish solutions, employment, wealth and capacity, as well as position Nigeria as a leading market for global FinTech Innovation and Investment.

    In his aptitude as president, he will be commissioned with improving the strategic authorization of the association to accelerate, connect and advocate with all stakeholders which includes members of Fintech Association of Nigeria, innovators and Fintech thought leaders, techpreneurs, Venture capitalists, accelerators, the Regtech  Community, other Fintech associations and other well-meaning partners who can help the association understand its intentions.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
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    Twenty-Five Youthful African Agripreneurs Progressed to the “boot camp” Decisive Round of the African Development Bank’s AgriPitch event, ambling nigher to an Investment of $120,000 in Seed Appropriation Prizes, Training, and Supplementary Privileges

    12 Comments

    1. andy November 10, 2020 at 7:36 pm Reply

      Thank you for the newsletters. Andy in London, England

      • New Africa Business News, Staff Correspondent November 10, 2020 at 7:37 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Kofi November 10, 2020 at 7:45 pm Reply

      Me too for the newsletters. Access Bank’s commitment is positively impacting lives and building the economy through technology, in the Continent. Accra Ghana. Kofi

      • New Africa Business News, Staff Correspondent November 10, 2020 at 7:46 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Gabriel November 10, 2020 at 7:50 pm Reply

      Thank you for reporting on this. Access bank is great bank, always being, hope it expand all over Africa. Lagos NIGERIA. Gabriel

      • New Africa Business News, Staff Correspondent November 10, 2020 at 7:51 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Annie November 10, 2020 at 7:57 pm Reply

      Thank you Mr. Bangura and your team in West Africa for job you doing. Job well done. Monrovia Liberia. Annie

      • New Africa Business News, Staff Correspondent November 10, 2020 at 7:58 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Tim November 10, 2020 at 8:02 pm Reply

      We are fan of your newspaper and please continue covering the whole continent. Cape town South Africa. Tim

      • New Africa Business News, Staff Correspondent November 10, 2020 at 8:03 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Lucy November 10, 2020 at 8:08 pm Reply

      Thank you for the emailed response. Great job to all your teams. Nairobi Kenya. Lucy

      • New Africa Business News, Staff Correspondent November 10, 2020 at 8:09 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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