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CBN Advocates Collaboration To Grow Payments Ecosystem at Interswitch Tech Event – Naijanewsdirect

  L-R: Olubunmi Aina, Group Head, Sales & Account Management, Interswitch Purepay; Tyoyila Aga, Group Head, Financial Services Business, Interswitch Systegra; Robinta Aluyi, Group Head, Sales & Account Management, Interswitch Systegra and Jonah Adams, Managing Director, Interswitch Systegra at the Techconnect 2.0 event in Lagos. In line with its commitment to deepen and stimulate the growth of digital payment in Nigeria and beyond, Africa’s leading integrated digital payment and e-commerce company, Interswitch Group, held a two-day event tagged ‘Collaborating for Industry Growth and Profitability’ where industry players gathered to discuss how to strengthen the digital payment ecosystem and position Nigeria as a force to reckon with on the global payment landscape.    The industry leaders, drawn from banks, fintechs, micro-finance banks, telcos and other financial institutions reached the resolve that designing innovative financial products which speak to the needs of customers will spur growth and economic prosperity. The experts also noted that players in the financial space need to synergize to explore avenues for mutual growth which will in turn create a robust payment ecosystem.   During the course of the two-day event, Interswitch officially unveiled eight new products designed to address prevailing issues within the payment ecosystem, enhance business development and boost ustomer experience. The products include Fintech-in-a-box; Fraud Solution-as-a-Service (FSAAS); Banking-as-a-Service; Payment-as-a- Service; Interswitch Security-as-a-Service; Mobile Banking-as -a-Service and Biometrics on POS and Value financing.   These products are tailored to provide seamless payment solution to banks, fintechs, micro-finance banks, other financial institutions and their customers. Essentially, these products will help to improve the digital payment solutions that financial institutions offer to their customers. Critical pain points the products will be solving include protecting customers against digital payment fraud, effective value financing tools for lenders, seamless integration to payment channels, enhanced customer experience etc.   Speaking during the panel session, Akeem Lawal, Managing Director, Interswitch Purepay, said players in the payment

TechConnect 2:0: Interswitch Set to Unveil New Solutions – Naijanewsdirect

    Africa’s leading integrated digital payment and e-commerce company, Interswitch Group, is set to launch an array of innovative financial products and solutions to drive the growth of the financial industry at the second edition of Interswitch TechConnect. The event will also provide a platform for industry players to discuss topical issues and industry trends with the goal of facilitating the growth of digital payments in the country.   The two-day event themed ‘Collaborating for Industry Growth and Profitability’ is billed to hold on September 21st and 22nd , 2022 in Victoria Island, Lagos with a close-out cocktail party on September 22nd. The array products to be unveiled include Fintech-in-a-box; Fraud Solution-as-a-Service (FSAAS); Banking-as-a-Service; Payment-as-a- Service; Interswitch Security-as-a-Service; Mobile Banking-as -a-Service and Biometrics on POS and Value financing.   These products will go a long way to improve the digital payment solutions that financial institutions, banks, Fintechs and microfinance banks offer to their customers. The launch of these products will address prevailing issues within the payment ecosystem, enhance business development and customer experience.   In addition, the products have been designed to protect end users from digital payment fraud as well as avail them with faster and more convenient ways to validate payments. Financial institutions will also be able to rapidly integrate to newer payment channels with the new intuitive and flexible enterprise technologies.   Speaking about the forthcoming launch, Akeem Lawal, Managing Director, Interswitch Purepay, said Interswitch is not resting on its oars as it continues to design innovative products tailored to meet the needs of customers including banks, Fintechs, financial institutions, Small and Medium Scale Enterprises (SMEs) among others. He further said beyond launching the products, TechConnect 2.0 is organized to bring players in the financial industry together with the goal of deepening the growth of digital payment in the country.   He said “At Interswitch, we will never stop pushing

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