Nigeria. FITC explores opportunities in fintech
Operators in the financial services sector have said the industry has experienced disruption because of the innovation related to technology.
They also said fintech presented a huge opportunity for the financial sector, especially in getting more unbanked to embrace financial services.
They spoke in Lagos during the Financial Institutions Training Centre’s ‘Thought leadership series 2.0’ event, which focused on the implications of disruption of the banking industry by financial technology.
The event was attended by industry leaders from the banking, insurance, Pension Fund Administrators, National Pension Commission, Nigerian Stock Exchange, Securities and Exchange Commission, FinTech firms and the Central Bank of Nigeria.
Participants at the forum reviewed preliminary findings of a fintech awareness and skill survey deployed by the FITC, FinTech Association and FinTech Circle, UK and proffered regulations and operational solutions for the emerging landscape of the financial services sector.
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