Firms partner to bridge digital, security, AI divide in Nigeria

The Committee of eBusiness Industry Heads (CeBIH), in collaboration with Global InfoSwift Consulting (GIC) and HPS, are partnering to bridge the digital, security, and AI divide in Nigeria through industry workshops in Lagos, Nigeria.

This partnership is said to be coming at a time when digital transformation is redefining financial services.

Themed ‘Bridging the Digital, Security, and Artificial Intelligence Divide in Nigeria,’ the workshop will bring together banking regulators, financial technology leaders, payment solution providers, cybersecurity experts, and AI innovators to shape the future of Nigeria’s digital economy.

The global shift towards cashless economies, AI-powered banking, and advanced cybersecurity has made it imperative for Nigerian businesses to adapt quickly. With increasing concerns over fraud, regulatory compliance, digital identity, and financial inclusion, the workshop presents a timely opportunity for decision-makers to gain cutting edge insights and solutions from global experts.

Ahead of the event, a press briefing brought together key industry players to discuss the pressing need for advancements in digital payments, cybersecurity, and artificial intelligence (AI).

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Ajibade Laolu Adewale, chairman of CeBIH, emphasised the crucial role AI and technology play in advancing financial inclusion and strengthening payment security in the country.

“We need to strengthen payment security, leverage AI technology, and accelerate AI and machine learning to keep up with the current industrial revolution,” Adewale stated. He also pointed out the challenges faced by the financial sector, particularly in electronic payments, and stressed the need for innovative solutions.

Afolabi Oke, managing director of Global Infoswift Consulting, also spoke at the briefing, revealing that the company had brought 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,” Oke said. He also noted that Musa Jimoh, the Director of Payments at the Central Bank of Nigeria (CBN) will attend to provide insight into the regulatory angle of digital payments in the country.

The conference promises to be an important enlightenment program, offering a platform for dialogue about the future direction of Nigeria’s digital payments landscape. It aims to offer crucial insights into the role of technology in driving financial services innovation while addressing the regulatory and security aspects of the rapidly evolving market.

Attendees will gain valuable perspectives from top experts on how to navigate the future of digital payments and AI integration in Nigeria.

Key areas of focus include expanding Financial Inclusion – Leveraging AI-driven banking solutions for seamless and affordable financial access; strengthening Payment Security – Implementing next-generation fraud prevention and risk management frameworks and accelerating AI & Machine Learning in Banking – Optimizing customer experience, compliance, and operational efficiency.