The Central Bank of Nigeria has welcomed the innovation of E-Payment Channel Integration propelled by the First City Monument Bank (FCMB) Plc’s Technical Analyst, Akintayo Ajayi.

In the rapidly evolving landscape of Nigeria’s banking sector, one individual has distinguished himself for his exceptional technical expertise and innovative contributions. Akintayo Ajayi, has led this project to a remarkable achievement setting a new benchmark for e-payment channel integration in the country.

Ajayi spearheaded the groundbreaking project to integrate the electronic payment systems of two midsize Nigerian banks, ensuring seamless connectivity with minimal disruption to customer service.

The integration, which encompassed ATMs, Point of Sale (POS) systems, and online banking platforms, was completed with an extraordinary feat: less than six hours of unplanned downtime. This accomplishment, which stands as the first of its kind in Nigeria, has garnered widespread attention, not just within FCMB, but across the entire banking sector.

The integration project, which was lauded for its speed, precision, and efficiency, has significantly enhanced customer experience by ensuring uninterrupted access to banking services. The project drew the admiration of top banking officials and stakeholders, including the Central Bank of Nigeria (CBN), which publicly acknowledged Ajayi’s exceptional work. This recognition from Nigeria’s foremost financial regulatory body highlights the pivotal role that technology and innovation play in transforming the banking industry.

Ajayi’s expertise extends beyond this integration. He has been instrumental in managing and supporting all electronic banking platforms, including ATMs, Internet Banking, Mobile Banking, and POS configurations. His leadership in the delivery of a Card Control solution that reduced ATM card fraud by 40 per cent further solidifies his reputation as a thought leader in the field of e-payments.

With his mastery in managing MasterCard/Visa TPP Issuing and Acquiring Setup, Ajayi has become a trusted partner for both local and international issuers and acquirers, streamlining the payment processing landscape in Nigeria.