With rising concerns over fraud, digital identity and financial exclusion, industry leaders and decision-makers have identified the urgent need to address the emerging challenges and gain cutting-edge insights and solutions from global experts.

In an era where digital transformation is redefining financial services, the global shift towards cashless economies, AI-powered banking and advanced cybersecurity have made it imperative for Nigerian businesses to adapt quickly, experts have said.

Set to provide these global insights and solutions, the Committee of E-business Heads (CeBIH) in collaboration with Global Infoswift Consulting Limited and HPS is holding a technology conference today in Lagos to explore the theme, ‘Bridging the Digital, Security and Artificial Intelligence Divide in Nigeria’.

Chairman, CeBIH, Ajibade Laolu Adewale, emphasised the crucial role AI and technology play in advancing financial inclusion and strengthening payment security in the country, saying the event will bring together banking regulators, financial technology leaders, payment solution providers, cybersecurity experts and AI innovators.

“We need to strengthen payment security, leverage AI technology and accelerate AI and machine learning to keep up with the current industrial revolution,” he said.

He also pointed out the challenges faced by the financial sector, particularly in electronic payments, and stressed the need for innovative solutions.

Managing Director, Global Infoswift Consulting, Afolabi Oke, said the event would bring in key partners like CR2, a leading channel banking software company and HPS, to help drive a transformation in Nigeria’s digital payment space.

“Industry experts, policymakers, and technology innovators will be present at the conference to discuss the future of digital payments, cybersecurity and AI-driven financial services in Nigeria.”