ADVERTISEMENT

Fidelity Bank wants data sharing to improve retailing

Fidelity Bank
Fidelity Bank

The Executive Director, Operations and Information, Fidelity Bank Plc Gbolahan Joshua has advised data validation agencies and organisations to adopt appropriate policies that provide financial institutions with the required flexibility to utilise available customer data.

He gave the counsel during a panel session at the 10th anniversary celebration of Verve in Lagos, where he explained that would assist banks in the country drive new levels of customer engagements across digital channels and systems.

ADVERTISEMENT

Joshua, alluding to the importance of data validation as a major driver in enhancing the Know Your Customer (KYC) policy, noted that harmonization of disparate databases will accelerate lending processes by banks.

“Digital identity is very critical in digital banking operations. Industry collaboration must be embraced by both financial institutions and database generating institutions to simplify digital banking operations,” he said.

 

Prostate ENLARGEMENT?

Don't Let Your PROSTATE Frustrate You! Here's A Better NATURAL Way To Shrink Your Prostate Enlargement! -No Surgery, -No Drugs. Shrink To Normal In Just 15 Days!

Normalize Your Urination And Erection! Just Click To Get It Now!

Download Daily Trust News App

Get it on Google Play
Share this article

Join us on


Share your story with us: 08189301900 (Whatsapp and SMS only) Email: dtonline@dailytrust.com

Complain about a story or Report an error and/or correction: +2348189301900

DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.