Inlaks to launch Teller Cash Recyclers for First Bank
L-R: IK HYUN OH, General Manager, Global Sales Team 2, Hyosung TNS INC.; Olufemi Muraino, Executive Director, Inlaks; Femi Adeoti, MD/CEO Africa Operations, Inlaks; Folashodun Shonubi, Deputy Governor, Central Bank of Nigeria (CBN) and Clarence Blay, Head, Payment System Department, Bank of Ghana (Representing Maxwell Opoku-Afari, Deputy Governor 1, Bank of Ghana) at the maiden edition of the Inlaks Digital Summit at Lagos Continental Hotel on Friday. |
Leading Systems Integrator, Inlaks played host to hundreds of African industry professionals amongst whom are their customers in Nigeria and around sub-Sahara Africa to exchange best practices and experiences related to the latest achievements in the field of banking, technology and other fields.
The summit themed “Unlocking the Opportunities in
the Digital Banking Age” featured
over 15 industry experts in plenary sessions and as speakers led by the keynote
speaker; Deputy Governor, Central Bank of Nigeria (CBN), Mr. Folashodun
Shonubi.
The keynote speaker delivered a speech on “Bank Branches and
the Future: The Regulator’s Perspective”, which highlighted that transactions are moving closer to customers with the adoption of various banking channels,
including agency banking and POS machines. This brings to bear that though the
traditional means of banking is not going away for a while, acceptability
remains critical in the customer’s decision which may be influenced by
available infrastructure and culture.
Also speaking at the event, the MD/CEO, Inlaks (Africa
Operations), Femi Adeoti in his welcome address said that financial service
providers need to adapt to the current digital trend and have a concrete
strategy to keep them relevant. In his words, “Fintech service providers and
banks have to work well together to create a seamless financial experience for
consumers in the near future, this can be achieved with the adoption of a
future-proof strategies to ensure relevance for years to come”.
He added, “Inlaks is constantly devising
ways to populate the Nigerian financial market with highly scalable technology
solutions to advance development in the banking industry. The adoption of
digital banking strategies comes with great demands, opportunities and challenges.
As a foremost fintech solutions provider to key financial organizations in
Nigeria, the Digital Summit is a platform to empower our clients across Africa
with the requisite knowledge needed for a seamless transformation”.
Authenticating the unique role Inlaks plays in the financial
sector in Sub-Saharan Africa, a new product; The MoniSafe 500, the first of its
kind in Nigeria, was launched into the market. The MoniSafe 500 Teller Cash
Recycler from Hyosung TNS INC. is a powerful solution in the transformation of
the retail banking branch channel. The new machine was unveiled by the Deputy
Governor, Central Bank of Nigeria (CBN), Mr. Folashodun Shonubi alongside Mr.
Clarence Blay, representative of the Deputy Governor 1, Bank of Ghana, Mr.
Maxwell Opoku-Afari highlighting the importance of the machine as key in
decongesting banking halls, boost operational excellence in banking activities
by using highly scalable technology solutions as the TCR and ultimately
customer experience. Also, in a presentation delivered by the Deputy Managing
Director, First Bank of Nigeria, Mr. Francis Shobo highlighted the problems of
the manual cash operations and the benefits of TCR at FBN since its adoption,
noting that about 100 machines are available for the bank’s customers in more
than 95 branches.
The event rounded up on a
grandeur note with an award and dinner ceremony aimed at recognizing the major
contributions and support of long-standing clients and OEM partners.
Some of the major partners of the summit were Temenos,
Hyosung TNS Inc, KPMG, CeBIH, Fintech 1000, Kennedia Consulting and
Businessday.
Most interestingly, a guest at
the summit, Ifeoma Chukwuneke, was the lucky winner of the electronic raffle
draw with the price of an all-expense-paid trip to South Korea.
About Inlaks
Established
in 1982, INLAKS is an Information Technology Systems Integrator specialized in
the deployment of dynamic and highly scalable ICT Infrastructure Solutions. Our
customers cut across various segments including Banking, Telecommunication,
Oil/Gas, Power, Utilities and the Distribution sectors of the economy. INLAKS
also deploys Commercial/Resource Planning Software and Services to many
multinational companies. For more information, please visit: www.inlaks.com.
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