By Modupe Gbadeyanka
The importance of electronic banking has been highlighted by the Committee of Electronic Banking Industry Heads (CeBIH).
At its 2016 annual retreat held from December 1 to 2, 2016 at the Transcorp Hilton Hotel in Abuja, the body noted that Nigerians have advanced in technology; hence, the need for the banking sector to tally along with them.
At the event themed ‘Disruptive Technology and the Future of Payment’ stakeholders called for total electronic banking system in the country.
At the retreat, industry players examined the impact of various technological innovations and advancements in the field of payments are having on how payments and banking are done today and in terms of what is to be expected in the future.
It was agreed that e-banking will help solve many of the problems faced by bank customers including theft arising from unauthorised access to bank accounts.
Some of the speakers at the occasion were Mrs Ibukun Awosika, Chairman of First Bank Nigeria Limited; Mr Risto Savolainen, Managing Director, iAxept United Kingdom Limited; Mr Ade Shonubi, Managing Director, Nigeria Inter-Bank Settlement System Plc; Mr Mitchell Elegbe, Group Managing Director, Interswitch Nigeria Limited; Mr Agada Apochi, Managing Director, Unified Payments Services Limited; Mr Valentine Obi, Managing Director, eTranzact International Plc; and Mr John Obaro, Managing Director, SystemSpecs Limited amongst others.
more recommended stories
Investors Trade 983m Financial Stocks Worth N9.4b in 5 Days
By Dipo Olowookere A total turnover.
Naira Gains 0.82% at BDC, 1.09% at Black Market, 0.03% at Investors Window
By Dipo Olowookere It was a.
CBN Remains Adamant to Hike Rates to Boost OMO Sales
By Dipo Olowookere For the umpteenth.
Meristem, Vetiva, Others Shine at 2018 NSE CEO Awards
By Dipo Olowookere Winners have emerged.