This partnership will enable Nigerian regulators, banks and local fintechs to accelerate the transformative changes seen in the evolving financial services regulatory environment. African central banks are moving forward with their innovation and digitization efforts across the continent, and with change, there is a need for collaboration and regulatory frameworks to enable successful outcomes that will impact more than one billion Africans across the continent. This program is set to launch in the next 90 days with engagements of key stakeholders across the Nigerian ecosystem. EMTECH is pioneering a new approach as a Fintech for Central Banks and other financial services regulators and financial services providers. To serve as a bridge between the regulator and regulated within the financial services industry by providing modern technology platforms and tools to enable an inclusive and resilient financial market.
Capacity Building Program will facilitate the convergence of knowledge on innovative solutions – enabling supervisory agencies’ regulatory frameworks to foster innovation, financial inclusion, and financial system resilience as well as compliance of financial service providers’ (FSPs) emerging product and business models with relevant regulatory and consumer protection requirements. The program will provide deep and broad-based insights on Central Bank Digital Currency, Regulatory Sandbox Framework, and API & Open Banking. This means attracting all financial services regulatory agencies and all financial services providers, from commercial banks to fintechs. EMTECH develops easy to deploy, highly secure, cloud-based software for Central Banks to become more innovative, provide financial inclusion and build infrastructure resilience in the era of open banking and digital currency. Global InfoSwift Consulting Limited (GIC) is an independent business entity with a proud and successful track record across several focused solution areas and client base, managed by a dedicated team who possess impeccable pedigree and expertise garnered over the years across various countries and industries.