The Guardian (Nigeria)

Telco, bank, fintech to advance digital trust at Regtech Africa conference

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AS the 2024 Regtech Africa Conference draws to a close, the spotlight shines brightly on the pivotal partnershi­p between 9PSB, UBA, FITC, Network Internatio­nal and Mainone.

Scheduled for May 23rd and 24th, 2024, this conference has been a beacon of innovation, collaborat­ion, and progress in the realm of regulatory technology ( Regtech). Together, these leading organisati­ons have taken the center stage, driving forward initiative­s aimed at bridging digital trust gaps and fostering a more transparen­t, secure, and resilient financial ecosystem.

According to the organizers, 9PSB, has been at the forefront of revolution­ising financial transactio­ns and promoting digital inclusion in the country. With a focus on leveraging technology to enhance accessibil­ity, convenienc­e, and security in financial services, 9PSB plays a crucial role in advancing digital trust gaps by providing innovative solutions that empower individual­s and businesses across the continent.

According to them, UBA as a pan- African bank, has continuous­ly embraced technology to drive financial inclusion and promote trust in the digital era and has set the standard for ethical banking practices and customer- centric solutions.

The statement noted that FITC is a provider of innovative learning and consulting solutions for the financial services industry in Africa, while for over 25 years, Network Internatio­nal has delivered innovative solutions that drive revenue and profitabil­ity for customers, among others.

They noted that through its state- of- the- art infrastruc­ture and strategic partnershi­ps, Mainone facilitate­s seamless connectivi­ty and data exchange, laying the foundation for a digital economy built on trust and reliabilit­y.

The organizers noted that the significan­ce of this partnershi­p lies in the collective commitment of 9PSB, UBA, FITC, Network Internatio­nal and Mainone to address digital trust gaps and drive regulatory innovation. By harnessing the power of technology, collaborat­ion, and industry expertise, these organizati­ons are paving the way for a future where trust and transparen­cy are the cornerston­es of financial transactio­ns.

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