Pan-African system integration company and provider of cutting edge banking solution, will next week Friday in Lagos, host stakeholders from Africa’s banking industry to the maiden edition of digital summit.
Inlaks said it is organizing the summit, largely to the growing adoption of digital banking by consumers and the increased investments into digital banking offerings.
Speaking on the focus of the summit at a press conference, the Managing Director of Inlaks, Mr. Femi Adeoti, noted that Inlaks has thrived successfully in bringing authentic and innovative solutions to its customers in the three decades. Thus, in today’s world of unprecedented shifts in digital tendencies across industries, every economic sector must be well-prepared for the imminent change to stay relevant.
“Inlaks Digital Summit 2019 will address issues relating to the relevance of technology to the financial and banking industries, preparing our industry for coming technological disruptions and arming them with adequate knowledge on the future of banking,” he said.
He disclosed that the summit, with the theme, “Unlocking the opportunities in the Digital Banking age” will witness the presence of thought leaders, regulators and investors from the Financial Services Industry across the Sub-Saharan region, and will explore the diverse opportunities technology offers to the financial and banking sectors and how African business leaders can harness it.
The summit will include panel discussions and keynote addresses, networking sessions, product exhibitions/demo and an award recognition ceremony.
Also commenting, the Executive Director, Infrastructure Business at Inlaks, Tope Dare, noted that the financial service and the banking sector, in the last decades, has witnessed disruption due to changing technology and consumer behaviors.
He argued that, by 2020, most of the big players in the Fintech industry will be competing with banks for the same customers. Therefore, only banks that can transform into an effective digital bank will survive the threat and stay relevant.
“At Inlaks Digital Summit, key players in the industry will share their experience on multiple solutions to the challenges related to branch transformation, mobile money and cyber security. Four major focus of the conference will be on data to drive business, new business models, regulatory requirements for digital banking and finally, technology that will influence banking operations,” he emphasized.
Elucidating more extensively on the summit activities, Olufemi Muraino, Executive Director, Financial Business at Inlaks added that awards of recognition will be given to Inlaks’ worthy clients and partners to appreciate their long-standing trusts in Inlaks as their service provider. He further mentioned that different OEMs will be exhibiting latest products and innovations to specialized decision-makers focused on finding unique solutions and emerging technologies for successful baking operations”.
The summit parades over 6 partners and more than 300 participants. Speakers have been carefully selected to represent every segment of the financial services industry, consumers, commercial banks, MFBs, fintechs, insurance, telcos, agent banking networks, and the regulators.