The Committee of E-Business Industry Heads has revealed plans to promote digital solutions targeted at the financially excluded people in a bid to accelerate access to financial services across the country.
The new Chairman, CeBIH, Stanley Jacob, disclosed this while delivering a speech at the election of new executive in Lagos.
Jacob, who is also the head of consumer distribution at Ecobank Nigeria, said the new executive would pursue financial inclusion, digital security and strong collaboration among industry stakeholders.
He stressed that the CeBIH, under his leadership, would work tirelessly with other stakeholders to reduce financial exclusion, which he said was over 40 per cent in Nigeria, as well as bridge the wide digital divide in the country.
Jacob said, “As a body, the CeBIH will actively collaborate with industry stakeholders to provide the needed financial services at the right pricing to the bottom of the pyramid. We will also ensure adequate capacity building for all stakeholders to equip them in tackling the exclusion challenge.
“CeBlH will pull industry resources and work with the regulators to promote an industry approach for combating cybersecurity and payment frauds. Financial literacy campaigns and robust customer education will also be key tools to achieving this.”
He added that the new executive council would strengthen collaboration by promoting the Shared Agency Network Facility with a view to ensuring the delivery of expected benefits to consumers, promoting partnerships with other financial institutions and fintechs to deliver improved financial services, and promoting research and case studies to drive emerging payments.
The immediate past Chairman, CeBIH, Dele Adeyinka, charged the new executive members to continue with the mission and vision of the group, which he stated as the use of collaboration to drive financial inclusion and adoption of electronic payment.
According to him, financial inclusion and technology are a greater part of what the CeBIH stands for today.
He noted that under the leadership of the outgoing executive, the CeBIH reached out to various industry stakeholders.
Tags: IT, Finance, Economy, Business