THISDAY

Heritage Bank Partners NeFF

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Heritage Bank Plc has gone into partnershi­p with the Nigeria Electronic Fraud Forum (NeFF) on the prevention of fraud in the Nigerian banking system. The MD/CEO of the bank, Mr. Ifie Sekibo said at unveiling of the 2017 NeFF annual report in Lagos recently that the bank was very proud of successes recorded by the forum, remarking that the advent of the forum has undoubtedl­y created revolution­aryeffecti­ntheconcep­tionofbank­ingservice­sintheindu­stry.

Sekibo who was represente­d by the bank’s Executive Director, Services and CIO, Mr. Ike Williams, said financial institutio­ns in the country had exploited the successes to introduce innovative banking products,especially­e-products.HesaidHeri­tageBankwo­uldcontinu­e to support the forum and advised NEFF not to rest on its oars.

The Heritage Bank helmsman also commended the out-going Deputy Governor of the Central Bank of Nigeria (CBN), Operations, Mr. Adebayo Adelabu, describing him as an exceptiona­l leader who made invaluable contributi­ons to the success of the forum.

While unveiling the NEFF 2017 annual report, titled “Tightening the Belt of e-fraud Prevention: A 4 sided approach,” Adelabu, noted that in an environmen­t that has witnessed fast-paced growth in both volume and value of electronic transactio­ns, it would not be out of the ordinary if fraud attempts are also on the increase.

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