OneSpan, in collaboration with MAXUT Consulting, recently held its 3rd Annual Banking Security Summit.
This followed the growing fraud trends in mobile banking and payments around the world, global data security company,
The summit, which held at Radisson Blu Hotel, Victoria Island, Lagos by 8am, had the theme:” Digital Channels and Open Banking Security”.
Mr Olumide Ajayi-Obe, Senior Vice President, MAXUT Consulting, told newsmen in Lagos that the summit offered opportunity to experts, regulators and banking colleagues to discuss the current state of electronic banking and payments security landscapes as well as share experiences from around the world.
“OneSpan, which is formerly VASCO Data Security, was in Nigeria to share its vision and strategy for securing all digital interactions offered by banking and financial services industry and to better understand the specific needs of the Nigerian market.
“OneSpan recognises the growing fraud trends in mobile banking and payments around the world and thus OneSpan and MAXUT, announced new Adaptive Authentication platform and solutions available to Nigerian Banking and FinTech customers to provide them with even more cost-effective and advanced solutions for securing all Digital Channels.
” The event included a hands-on workshop for mobile App Developers interested in protecting their mobile applications from common vulnerabilities that enable frauds,” he said.
According to him, speakers at the summit included Mr Ade Shonubi, Managin Director of the Nigerian InterBank Settlement Systems (NIBSS), Mr Dipo Fatokun, Director, Banking and Payment Systems, CBN and Mr Dele Adeyinka, Chief Digital Officer, ALAT/WEMA Bank.
Other speakers were Mr Eddy Ogbogu, Group Executive, Operations and Technology, Ecobank, Lome, Togo; Dr. David Isiavwe, GM & Audit Executive, Union Bank Plc; and Dr Segun Aina, Fintech Association of Nigeria.