First Bank of Nigeria Limited has said it will on Thursday this week host the 2020 edition of its annual FinTech Summit. The summit according to the bank is part of its efforts at promoting the growth and reinvention of banking technology in the country.
The theme of the 2020 edition of the summit, which is the fourth in its series is, “How Blockchain and Artificial Intelligence will Disrupt FinTech in Nigeria”. The topic would be discussed by experts, key and leading players, policy influencers and regulatory officials in the Nigerian financial and technological climate.
The founder of HopStop, which was sold to Apple for $1 billion, Chinedu Echeruo, will be leading the discussion as the keynote speaker alongside other panelists; Musa Itopa Jimoh, director, Payments System Management Department, CBN and Aminu Maida, executive director, Technology & Operations, Nigeria Inter-Bank Settlement System Plc (NIBSS).
FirstBank’s group executive, Technology & Services, Callistus Obetta, and group executive, e-Business & Retail Products, Chuma Ezirim, are expected to represent the bank in the panel of discussants.
Speaking on the event, deputy managing director, First Bank of Nigeria Limited, Mr Gbenga Shobo said; “At FirstBank, we have been at the forefront of employing technology in the delivery of financial services in the country exemplified by our various products and services such as FirstMobile, USSD Banking services, FirstMonie Wallet, FirstMonie Agent Banking, FirstAdvance loans provisions
“The 2020 edition of our FINTECH summit will build on the successes achieved in the last three editions,” he said. “We welcome the panelists as we look forward to the shared knowledge which will be integral to deepening the continued growth of banking technology, especially its impact on the Gross Domestic Product of Nigeria and the continent at large.
“Technology continues to play a fundamental role in driving financial inclusion and strengthening the growth of SMEs that contribute significantly to the development of the country. We encourage members of the public, players in the fintech and financial climate to register, as there is knowledge for everyone.”