Lagos to host 7th AITEC Banking and Mobile Money West Africa

West Africa's business hub Lagos, Nigeria is to play host to the 7th AITEC Banking and Mobile Banking West Africa conference on March 12 and 13 at the Eko Hotels and Conference Center, Lagos.

According to AITEC, the 2014 event will address the key issues faced by the region’s increasingly dynamic financial services sector.

“African banks have a great challenge in overcoming their heritage of colonial banking, which was designed to cater primarily for government, corporate and high-worth individuals. The bottom part of the pyramid has been badly neglected. Now that the mobile operators are setting the pace in terms of providing low-cost banking services, banks are scrambling to catch up. This they can do not only through technological innovation, but also through a customer-oriented corporate culture and service innovation", said  AITEC.

The event will have several key audiences such as ICT managers & professionals in the banking and financial services sector, the regulators, policy-makers, high-level managers at CEO, COO and CFO level in banks, MFIs and telecom operators, innovators and service providers active in the financial services sector, telecom operators and service providers; NGOs/civil society organisations directly involved with delivering banking or microfinance services in rural areas and media representatives.