Financial Institutions Training Centre (FITC), the world-class, innovation led and technology-driven institution, which provides learning, insights, advocacy, and advisory services to the financial services sector and other sectors in Nigeria and across Africa, is gearing up to hold the 2023 edition of its TechNnovation Conference themed “Building a Robust Fintech Industry in Africa: Resilience. Growth. Adaptability.” and slated to hold Wednesday and Thursday, June 14th and 15th 2023, for its 3rd consecutive year as part of FITC’s dedication to promote collaboration and discussions that encourage the development of solutions for challenges within the financial services sector.
The TechNnovation Conference serves as a pivotal platform
that stimulates discussions, which proffer solutions to challenges within the
financial services sector. This annual gathering brings together Fintech
leaders, innovators, disruptors, regulators and enthusiasts.
The two-day virtual event will feature engaging
conversations led by the most brilliant minds in the fintech industry, both
from within Africa and beyond.
Over the past decade, Africa’s fintech industry has
experienced a significant growth spurt, driven by the widespread adoption of
mobile technology and the growing demand for financial services across the
continent.
Fintech companies have introduced innovative solutions that
have revolutionized the traditional banking sector, providing new opportunities
for financial inclusion and economic growth
However, the sector still faces significant challenges,
including regulatory and infrastructure barriers, limited funding options, a n
d a rapidly evolving competitive landscape.
To overcome the challenges and maximize the potential of
fintech in Africa, it is crucial to build a robust industry that can withstand
the uncertainties and complexities of the market and adapt to changing
conditions. Resilience helps fintech firms overcome challenges and disruptions,
while growth expands services and creates new opportunities. Adaptability
enables companies to respond to evolving customer needs, adopt new technologies
and business models.
In the words of FITC’s Managing Director/CEO, Chizor Malize,
the conference provides a unique opportunity for leaders to gauge the current
state of the African fintech sector, comprehend its obstacles, and identify
potential avenues for growth and progress.
Emphasizing the conference’s significance, Malize
highlighted the remarkable exponential growth of the fintech industry in Africa
over the past few years, which has attracted substantial Foreign Direct
Investment. She stressed the importance of stakeholders collaborating to
establish frameworks that ensure sustainable industry growth.
These frameworks, she explained, are essential for
bolstering investor and consumer confidence, thereby fostering the continuous
flourishing of the sector. Malize further expressed her firm belief in the
power of synergy among various innovative initiatives in the financial services
sector, including thought leadership programs and conferences that engage all
participants, including regulators.
“Each year, FITC brings together exceptional resources from
the financial services sector, fintech companies, consulting firms, regulatory
bodies, and technology experts. This diverse pool of knowledgeable individuals
and organizations from around the world gather to share insights on
contemporary issues surrounding technological innovations and the financial
services sector, making the FITC Fintech Conference a highly innovative, and
widely sought after platform” Malize eloquently conveyed.
Elaborating further, Malize highlighted that the central
theme of this year’s conference is adaptability. “The tremendous growth
observed in the Nigerian fintech sector is indeed a positive development.
However, it is crucial that we ensure the ability to adapt and thrive in the
face of evolving circumstances by reinforcing the existing regulatory
frameworks within the industry.” She noted.
The FITC TechNnovation Conference 3.0 conference features a
stellar advisory board, and an impressive lineup of speakers, including fintech
founders, researchers, academics, and industry regulators among others. They
will be sharing their expertise and unique insights into the challenges and
opportunities presented by the growth of fintech in Africa.
The Advisory board behind this innovative conference
include: Aishah Ahmad, OFR Deputy Governor, FSS CBN & Board Chairman, FITC;
Chizor Malize MD/CEO, FITC; Dr. Markie Idowu, Managing Director/CEO, Express
Payments Solutions Ltd; Niyi Ajao, Founder & CEO Digital Finance Solutions
Ltd; Dr. Olufemi Oyenuga Chief Digital Officer, Nigerian Exchange Group;
Chinenye Mba-Uzoukwu, Managing Director/CEO Infograonics & President
institute of Software Practitioners.
This year’s global lineup of speakers include: Ashley
Immanuel, Co-founder/COO, Semicolon; Chizor Malize, MD/CEO at FITC; Dr. Yele
Okeremi, CEO Precise Financial Systems; Dr. Konstantinos Tsanis, Global Digital
Transformation and FinTech Industry Specialist, International Finance
Corporation (IFC); Stanley Jacob, Chief Executive Stanbic IBTC Financial
Services Limited; Franklin Ali, Chief Human Resources Officer; Interswitch
Group; Yemi Keri, CEO Heckerbella; Adedeji Olowe, Founder/CEO Lendsqr &
Trustee Open Banking; Michael Olafusi, Founder, MHS Analytics Inc; Akinsope
Roberts, Financial Services Lead, Industry Solutions, Delivery Africa
Microsoft; Samira Nwaturuocha, Chief Operating Officer & Chief Risk
Officer, Sparkle; Dr. Aituaz Kola-Oladejo, Executive Director, Financial
Services Innovators; Enobong Shittu, Senior Associate, Olajide Oyewole LLP
among a host of others.
Click https://technnovation-conference-2023.fitc-ng.com/ for
registration, sponsorships, and participation details.
Just like the previous conferences, the FITC TechNnovation
Fintech Conference 3.0 will feature five plenary sessions and two breakout
sessions to give a broad and balanced perspective across the diverse issues
related to the Financial Services Sector within and outside Nigeria.
They include; From Start-up to Scale Up and Profitability,
Advancing Your Business for Success: Unlocking Capital for Growth, Effective
Strategies for Fintech Risk Management and Cybersecurity, Overcoming Scarcity:
Attracting and Retaining Talent, and Navigating Corporate Governance,
Compliance, and Regulation. It will also feature two insightful breakout
sessions: The power of automation – leveraging AI and ML to progress data
analytics capability and value, and Open Banking: Current Trends & Next
Steps.
This year’s TechNnovation Conference will provide a forum
for business executives and leaders, to navigate the issues of the fintech
industry, acquire up-to-date information on the latest trends, innovations, and
best practices in the fintech industry, learn how to manage challenges emerging
in the areas of talent, risk management, profitability etc., gain insights into
the regulatory and compliance modalities in the industry, understand the
evolving needs and expectations of customers in the digital era and learn how
to deliver innovative, customer-centric solutions, develop a deeper
understanding of the global fintech landscape and gain new perspectives on the
opportunities and challenges facing the industry in different regions of the
world.