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Access Bank fit for digital disruption, says Zinox boss

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Access Bank Plc PHOTO: thescoopng.com

Chairman, Zinox Group, Leo Stan Ekeh, has said that Access Bank Plc is equipped to take advantage of the impending disruption aided by the rise of financial technology (FinTech) companies, which is expected to unleash an era of innovative change in the financial services sector.
 
He made this assertion on the sidelines of the inaugural edition of Africa Fintech Foundry (AFF) conference tagged AFF disrupt held in Lagos.
  
Ekeh, who featured as one of the guest speakers at the event, noted that Access Bank’s establishment of AFF, a new financial industry that applies technology to improve financial activities, is a bold move that has further demonstrated the bank’s readiness to take the lead in the race to leverage financial technologies (FinTech) in the sector
  
“I can now see why the young men at Access bank exude so much confidence to lead in the financial sector in the near future at a time the Nigeria banking sector is almost ready for a certified leader.
 
“I commend Access Bank on the launch of the Africa FinTech Foundry which will not only boost technological innovations in the financial services sector, but will also offer young African tech start-ups and entrepreneurs access to much-needed capital, capacity-building, world class partnership opportunities and a useful platform to launch innovative products and solutions on a global scale.

We all expect the Nigeria government to use platforms like this to build a new generation of Nigerians who can defend their wealth.
 
“This is an era in which you either disrupt or stand the risk of being disrupted. This reality is much more pronounced in the banking and financial services sector, hence the growing popularity of financial technologies or FinTech, as it is widely known.
 
“The landmark step taken by Access Bank shows the bank’s readiness for the future of disruption in the sector which is already here with us,” he stated.
 
The inaugural edition of the AFF Fintech conference had in attendance the best startups building products and solutions in the Financial Technology (FinTech) space, alongside investors, financial and technology partners, and a global audience of delegates from disparate industries to showcase next generation technologies and innovative solutions relevant to the financial services industry.


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