This
announcement was made by the Chief Executive Officer of the bank, Uzoma Dozie, while speaking at the TechFest
2018 conference in Lagos. He stated that the vision behind TechFest was to
drive technology education to people who had yet to embrace it due to lack of
understanding of how innovation could work.
According
to Dozie, the illiterates of the future will no longer be those that cannot
write English or Mathematics, but those that cannot unlearn what they have
learned to relearn, adding that the bank would adopt a new way of banking that
would be different from others.
He
said, “To get on in this new life, what brought you to
where you are today is not what is going to take you to where you are going. I
have done banking for 20 years but I have done it in a different way. It is
going to be done by artificial intelligence and machine learning and so you
must be ready to unlearn what you learnt.”
He
said the 2018 TechFest was a collaborative effort by Diamond Bank, Microsoft,
Visa, Deloitte, Interswitch, MTN Nigeria, Beat FM, and the Nigerian Inter-bank
Settlement System Plc. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html
While
speaking on the theme of the maiden edition of TechFest, ‘Spark Your
Curiosity’, the Diamond Bank boss highlighted ways in which technology could
impact day-to-day lives and the environment.
Dozie,
whose father is the founder of Diamond Bank, said the bank had committed some
substantial amount of financial and human resources to spread the knowledge of
their digital products to the over three million people who represented their
online customers.
The
bank’s Head of Agric Finance, Lois
Sankey, speaking on the impact of technology on business, especially in the
area of agriculture, said farmers were spread over different geographical
locations and in some instances unreachable places where only technology could
facilitate the access to them and provide them with finance.
She
said at Diamond Bank, technology had reduced the risk of lending, especially to
smallholder famers who were in the villages and hinterlands.
Have you heard this? Many
Nigerian exporters have been defrauded of huge amount of money in the process
of exporting commodities to foreign countries. Do you know why? They were not
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processing and packaging of commodities to receipt of payment by the foreign
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and methods of payment in export trade? It is a contemporary step-by-step guide
to export trade. It tells all the contemporary dynamics in export trade. To get
it, click on the link below:
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