Kelvin Bowoto
According to a new Gartner estimate, by 2026, 80% of organizations would have utilized or produced generative artificial intelligence (AI).
This comes as Nigerian financial sector professionals prepare to explore trust, security, and privacy in the era of AI at the inaugural Payments Forum Nigeria (PAFON), which is slated for the first quarter of this year.
The Payments Forum Nigeria is a cross-industry platform dedicated to tackling issues that necessitate widespread collaboration and coordination across numerous stakeholders in the payments business. The Forum aims to provide an inside view of the industry by gathering insights from important players such as payment networks, technology innovators, top merchants, issuers, acquirers, and payment processors.
In a press statement made available to LEADERSHIP, Mr. Chike Onwuegbuchi, co-founder of TechCastle Foundation, organizers of Payment Forum Nigeria (PAFON), stated, “Our goal is to enable information exchange and knowledge sharing on key industry insights issues amongst key stakeholders, with the objective of ensuring a collaborative and proactive approach to push for policies that enable growth, tackling/mitigating fraud and limiting occurrences and losses.”
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Onwuegbuchi stated that the Forum is motivated by the following goals: “educate and inform financial service players and other stakeholders on various issues and trends (both locally and globally); proactively share data/information among banks, Fintechs, and other service providers, to enable prompt responses to prevent and/or limit (customer-related) losses; and discuss key Payments security trends.”
“Speakers will come from a variety of industries, including banks, fintechs, mobile money operators, blockchain experts, and cybersecurity professionals, etc. as we expect attendees from the Central Bank of Nigeria (CBN); e-Banking Heads; Chief Compliance Officers of banks in Nigeria; Chief Internal Auditors of banks in Nigeria; Office of The National Security Adviser; Switching companies; the Economic and Financial Crimes Commission; Licensed Mobile Payment Operators; Electronic Payments Providers; Information Security Experts; Consumer Protection; Financial Policy and Regulation; Information Technology; Legal Services; Banking Supervision; Corporate Communication; Shared Services Office; Blockchain Security Experts, etc”, he added.
Techrectory with Agency Report.
