BUSINESS

ALP Seminar Series: Operators seek relevance in financial inclusion

&NewLine;<p>&OpenCurlyDoubleQuote;The fast growing young population –115 million people below the age of 35&comma; exponential growth of mobile phone lines&comma; huge financial inclusion  potential are pertinent indicator of Fintech opportunity&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>This &nbsp&semi;candid&NewLine;observation by &nbsp&semi;Boye Ademola&comma; Partner&comma; KPMG&comma;&NewLine;US&comma; resonated&comma; once again&comma; at the June 20 Akindelano Legal Practitioners&comma; ALP&comma;&NewLine;Seminar Series which held at Oriental Hotel&comma; Lagos&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The ALP annual forum is the law firm’s Corporate Social&NewLine;Responsibility&comma; CSR&comma; &OpenCurlyDoubleQuote;designed to evoke discourse regarding commercial and&NewLine;legal issues facing executives and decision makers&nbsp&semi; and stimulate innovative strategies and&NewLine;outline pragmatic solutions”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Themed &OpenCurlyDoubleQuote;The role of Fintech and digital finance in&NewLine;Nigeria’s economy&comma;” Fintech operators and agents-super and aggregators-in the&NewLine;digital payment and distribution chain&comma; outlined the already known challenges associated&NewLine;with Nigerian thorny business terrains and sought for solutions&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Panelists&comma; made up of seasoned and tested hands&NewLine;unanimously advocated an improved data ecosystem even as Fintech promises&NewLine;better focus on women with a corresponding &OpenCurlyDoubleQuote;innovative service&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Meanwhile&comma; &nbsp&semi;Fidelity Bank Plc has stated through its Group&NewLine;CEO&comma; Nnamdi Okonkwo&nbsp&semi; that &OpenCurlyDoubleQuote;under the&NewLine;banks’s five-year plan which was crafted in 2017 and commenced on January 1&comma;&NewLine;2018&comma; we got one of the big four consulting firms to do a full global analysis&NewLine;of Fintechs and how we can collaborate with them&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Part of our engagement strategy is partnership&period; Through&NewLine;collaborating with a Fintech&comma; we migrated their entire transactions to the&NewLine;cloud&period; This has worked so efficiently well in the last one and half years&NewLine;without fail&comma;” Okonkwo said&period;<&sol;p>&NewLine;

Share This
Openlife Reporter

Recent Posts

Aki’s Wife Laments Over POS Fraud Experience

Aki’s Wife Laments Over POS Fraud Experience OpenLife reports that Stephanie Promise, the wife of…

7 hours ago

The Kind Of Man I Will Marry—Tems, Grammy Award Winner

The Kind Of Man I Will Marry---Tems, Grammy Award Winner   OpenLife reports that Grammy…

14 hours ago

VeryDarkMan Vows To Send Human Rights Activist, Omoyele Sowore To Prison If………

VeryDarkMan Vows To Send Human Rights Activist, Omoyele Sowore To Prison If.........   OpenLife Nigeria…

15 hours ago

Stanbic IBTC Top Executives Risk Jail Terms Over Alleged ‘Infractions’

Stanbic IBTC Top Executives Risk Jail Terms Over Alleged 'Infractions'   OpenLife Nigeria reports that…

17 hours ago

BREAKING: Deep Legal Crisis Ruptures ADC As INEC Withdraws Recognition Of David Mark’s Chairmanship

BREAKING: Deep Legal Crisis Ruptures ADC As INEC Withdraws Recognition Of David Mark's Chairmanship  …

1 day ago

Breaking: Blord To Spend Easter In Kuje Prison Over Alleged Criminal Activities Against VeryDarkMan (Video)

Breaking: Blord To Spend Easter In Kuje Prison Over Alleged Criminal Activities Against VeryDarkMan (Video)…

1 day ago

This website uses cookies.