FICAN Holds Forum to Discuss e-Payment Issues

By Modupe Gbadeyanka

The bi-monthly forum organised by the Finance Correspondents Association of Nigeria (FICAN) is scheduled to hold on Saturday, July 22, 2017 at the FICAN Centre in Onipanu, Lagos.

At the meeting, key issues confronting the e-payment industry would be discussed by the resource person from the Central Bank of Nigeria (CBN), Mr ‘Dipo Fatokun, who is Director in charge of Banking & Payment Systems Department at the apex bank.

Mr Fatokun will focus on banking security, rising cyber-attacks, and impact of the cash-less banking policy implementation on the economy.

There would also be discussions around the Bank Verification Number (BVN) enrolment, mobile banking, internet banking, and how regulators are tackling challenges that come with execution of these initiatives.

The forum, tagged ‘Electronic Payment Industry, Performance & Regulatory Issues,’ would give the central bank executive an opportunity to look at performances of critical stakeholders especially banks and regulators involved in the electronic banking space.

FICAN, in a statement, noted that, “The Bi-Monthly Forum has remained an idea-sharing arena where our members and regulators rob minds on issues affecting the banking sector in particular and economy in general.

“This months’ event will help participants review and understand the performance of the electronic payment industry in the first half of the year,” the statement said.

“We enjoin all members of the association to take part in this forum to enhance their capacity to deliver on their work.

“We believe that this event will boost information exchange and knowledge sharing among stakeholders and restore confidence of the banking public on electronic payment platforms.”