Nigerian CommunicationWeek

AITEC Partners Uber for Banking & Mobile Money Conference

Sean Moroney AITEC Africa Chairman.

The ninth annual edition of the AITEC Banking & Mobile Money Conference will bring together e-service providers, senior bankers and insurers, key policymakers, financiers, insurers, technology vendors and local and international investors to share information, contacts and ideas that will accelerate Nigeria’s financial services sector adoption of electronic payment and transaction platforms.

Bill Allela in an email to Nigeria CommunicationsWeek confirmed they are partnering with Uber as our Logistics Partner.

Uber will provide all speakers and delegates with two free rides per day for the duration of the Conference, in addition to giving new users N5,000 credit on their accounts to use whilst in Lagos.

The demonstration of the application of trusted systems across other industries by market leaders like Uber during the conference will help accelerate the adoption of payment solutions, promote the sharing of best practices and alleviate trust issues among mass market users.

According to McKinsey Consultants, the 2014 rebasing of Nigeria’s GDP revealed an economy more widely diversified and less reliant on natural resources for its wealth than previously realized, uncovering untapped opportunities for investors and financial market participants. Nigeria’s resources sector represents a relatively small share of GDP.

Furthermore, the value of oil production has dropped in recent years and the resources sector is now growing by 2.2 percent a year, compared with 7.1 percent for the non-petroleum economy and 6.4 percent for the economy overall.

This year the conference with the theme: “Financial empowerment through trusted payment solutions”, will highlight business strategies, systems and delivery channels to accelerate expansion and banking and insurance services into traditionally neglected sectors, including manufacturing, agriculture, energy, services and digital media and transportation.

Conference topics include: crowd-funding in a Nigerian context: Challenges and opportunities; the role of social networks in promoting financial inclusion; risk management of social networks at the BOP; leveraging cultural forces that could shape financial responsibility; packaging financial services to promote simplicity of use, trust and adoption and needs assessment: easy business models.

Other topics are, the role of customer care services e.g. alert systems in bridging the trust gap; identity management in a cashless society; case studies on financial inclusion models on trend-setting emerging economies e.g. the Brazilian economy; role of guarantee funds in promoting a credit-driven economy e.g. case study from Osun state, Nigeria and the role of regulation in promoting innovation.

The conference programme advisory board include Kuponiyi Ayatunde, Ecobank, Nigeria; Olanrewaju Olaakande, Olaakande Nigeria; Adriana de la Cruz, Duffo Openshopen; Sam Omoruyi, Philips Consulting; Piyush Srivastava, ISON BPO International; Anant Digraskar, Mara Ison Technologies Solutions and Babatunde Ogundana, Mobino Nigeria SA.

Others members are Kyari Bukar, Central Securities Clearing System; Tope Ogundipe, Paradigm Initiative Nigeria; Ogochukwu Nwachukwu, Hamilton Lloyd & Associates; Chinedu C. Duru, Hamilton Lloyd & Associates ; Kunle Oye-Igbemo, GS1 Nigeria; Bimbo Abioye, FinTrak Software; Simon Aderinlola, Beyond Branches; Chibuzo Ene, Nathan Claire; James Agada, Computer Warehouse Group; Chuma Ezerim, First Bank; Ike Nnamani, Medallion Communications and Tope Dare, ATM Community.

 

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