Stanley Jacobs: the Industry Must Focus on Building Institutional Trust and Security and Unlocking Next-generation AI

Stanley Jacobs said the industry must focus on building institutional trust and security and unlocking next-generation AI and skills alongside financial inclusion and cross-border integration.

Jacobs said the industry’s focus over the two-day event included unlocking next-generation AI and skills, alongside institutional trust and security.

Jacobs said Nigeria’s fintech ecosystem had evolved rapidly from the early development of mobile money and agency banking to payment gateways, super apps and embedded finance.

Relationships and opportunities must move from one generation to another,” Segun Aina, chairman of the association’s Board of Trustees and president of African Fintech Network, said in his keynote address.