Financial technology is helping emerging economies all across the world leapfrog into the 21st century by bridging the service gap to reach previously excluded segments. It is also expanding outreach into rural areas, where often bank branches do not exist. However, while investing in technology and the infrastructure that supports it is relatively easy, making adequate use of it and building an organisational culture that embraces it can be a roadblock for many.
The Future of Finance West Africa 2018 convention will be held on April 18, 2018 and host TED-style talks and industry shaping discussions with experts, thought-leaders and innovators from all across the financial services community. In addition, for the first time in West Africa, we will hold a workshop in conjunction to our annual Future of Finance convention. Digital Banking: Operative, Tactical and Strategic Best Practices will be held from April 16-17, 2018 and will be instructed by world-class facilitator David Gyori, CEO of Banking Reports, a London-based training organization. This workshop will provide industry best practices and strategies for carrying out the digital transformation.
Macroeconomic conditions and technological developments have prompted the need for sweeping change across the spectrum of financial services. It is a decisive moment for banks, regulatory agencies, and financial technology (fintech) players in Nigeria and West Africa, where the ability to remain agile and face continuous challenges in an evolving and uncertain economic climate is essential.
Key focus areas include: