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Wednesday, February 28 • 11:00am - 1:00pm
The Future of Payment: Understanding The True Cost Of Digitization

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What happens when the sale can be anywhere, at any time? Over the past few years, payment technology has moved forward rapidly – offering consumers a more convenient and streamlined payment experience. But where to next?

Today, new technologies have emerged that will disrupt — and are, in fact, now actively disrupting — the complex network of relationships involved in most retail transactions. The vast “middle” of payment processes, once an absolute necessity to banks, and retailers, is no longer so vital. We no longer have to bring that much cash around on hand with us to buy the things we need and want. The most we need to make room in our wallets and purses for are some plastic cards, or better yet, none at all, if we already have our smartphones with us. And with it just a few more months until the holiday season—where there will obviously be a lot of money changing hands—we’re running a series of articles that tackle each modern payment system currently in use right now. What they are, how they work, and what their pros and cons are.

Truth is, changing payment systems means deep changes to what banks and retailers fundamentally are to consumers, how and why these consumers shop and what they expect, and what brands and revenue streams will be — or can be — to banks and merchants in the future. This session will expose participants to new trends in the payment industry and how brands can leverage on this to better user experience; especially as it has to do with banking, travel, ecommerce and nonprofit.

avatar for Lexi Novitske

Lexi Novitske

Principal Investment Officer, SINGULARITY INVESTMENTS
In 2012 Lexi moved to Nigeria, from The United States, believing that thecountry held immense untapped potential, having an under-penetratedconsumer population, expanding infrastructure and online access, and anactive entrepreneur network.In 2014, Lexi launched Singularity Investments... Read More →
avatar for Oo Nwoye

Oo Nwoye

Fonebase Labs, OO NWOYE
Oo Nwoye is the co founder of Fonebase Labs, a Nigerian technology company whose products are Fonenode - a telephony API, Callbase - a virtual contact center and WriteRack - the best way to tweetstorm.Oo attended Kings College Lagos and graduated from the Electrical/Electronic Engineering... Read More →
avatar for Edmund Olotu

Edmund Olotu

Edmund Olotu has founded and financed several Technology companies in Nigeria and the USA. US Companies include Novira Therapeutics Inc.-a novel antiviral drug discovery company sold to Johnson and Johnson for $600M in 2015 and Generate4Schools LLC -a first data payment partner using... Read More →
avatar for Tunde Salimonu

Tunde Salimonu

Tunde Salimonu is TechAdvance’s Limited's Chief Technical Officer (CTO) overseeing the company's technology development. Tunde is helping grow TechAdvance into Nigeria's leading utility payment processing firm. In his role as Chief Technology Officer, Tuned oversees the development... Read More →

Wednesday February 28, 2018 11:00am - 1:00pm WAT
  Off-Campus, Multi-Format