Inlaks, CBN, Others favor digital banking – THISDAYLIVE



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By Emma Okonji

Inlaks System Integrator in sub-Saharan Africa, in partnership with the Central Bank of Nigeria (CBN) and some other organizations recently held a forum for financial actors in Lagos, where best practices for digital banking w as underlined.

The forum highlighted how digital banking technology was reshaping the banking industry and provided information on different market trends and progressing both locally and globally .

Presentation of a speech on the forum "Banking in the digital era", the deputy director The Department of Supervision of Institutions (OFIS), CBN, Adedeji Adesemoye, identified the approaches that banks could use to improve their digital capabilities.

He listed financial inclusion and digitization as a means He also insisted on the need for banks to innovate in terms of products, models, and the like. business and enable direct processing that can automate and digitize repetitive, low-value, low-risk processes . having a vision of their future, technology, infrastructure and a well-defined business culture are major factors that determine whether a bank succeeds at this age.

Director of Sales, Microfinance and Saas (Temenos, one of the organizers, Nehal Batavia, said that Temenos had provided innovative solutions to financial institutions in the

He added that Temenos was involved in this by building, delivering and supporting financial institutions through the best structured, scalable and open banking software in the world.

In a joint presentation Managing Director, Enterprise Business, Kingsley Oseghale, Ademiluyi, Executive Director, Sales and Strategy, Tope Dare, and Adeyemi Ademiluyi, Head of Cybersecurity, said that the cybersecurity issue could not be left unanswered at the time. Digital era

According to Ademiluyi, are opportunities in this digital age, but there are also real threats in banking services and it is important for organizations to stay safe. Every day, attacks are launched against digital companies and these attacks become more and more sophisticated.

"" Cyber ​​thieves "are becoming more and more creative and innovative in their approach Organizations spend thousands and millions of dollars trying to implement security software and infrastructure To mitigate these threats, we have helped our customers stay safe by using several steps that will keep them ahead of the cyber-thieves. "

Dare stated that the company had established partnerships with credible companies, such as Temenos and HID. security infrastructure that can help digital banking platforms mitigate the problem of electronic theft.

Senior Sales Manager, Financial Services, EMEA of HID Global, Mr. Ondrej Valent, in his presentation on "Overcoming the Data Sharing Challenge", emphasized HID wa s transforming products into solutions by offering the maximum strategic value of their clients' investments.

The company provides advice from leading experts to enable end-to-end solutions. and also deployment badistance and training to give customers the tools to work with.


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