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Wema Bank Hosts Seminar to Combat Fraud, Protect Customers’ Financial Interests

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Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, recently hosted a seminar to commemorate International Fraud Awareness Week 2024. The seminar, held at Wema Bank Head Office in Lagos on Wednesday, November 20th, 2024, was in line with the global theme for International Fraud Awareness Week 2024, “Share A Story, Stop A Scam”.

International Fraud Awareness Week is a global celebration commemorated annually in the third week of November, with the goal of highlighting the increasing threat that fraud poses on individual, business, and societal levels, as well as encouraging individuals and institutions to take proactive steps towards minimizing the impact of fraud.

The theme of International Fraud Awareness Week 2024, “Share A Story, Stop A Scam”, particularly emphasizes the significance of awareness, information, and education in combatting fraud. Wema Bank, proactive in its commitment to combatting fraud, has over the years built a reputation of educating and empowering its customers with the knowledge, information, and insights needed to help them identify, mitigate, and escalate fraud on various levels.

“We are committed to combatting fraud and protecting our customers’ financial interests,” said Mr. Oguzi Moses A., Assistant Commander of the Economic and Financial Crimes Commission (EFCC). “We believe that awareness, information, and education are key in preventing fraud, and we are proud to partner with Wema Bank in this effort.”

The seminar featured stakeholders from various industries, including Rypson Ugwuzor, Manager, Cybersecurity and Intelligent Automation, KPMG; legal luminary Akin Adesomoju (SAN), Founder, Akin Adesomoju & Co.; Mr. Femi Akinola, Assistant Commissioner of Police at the Special Fraud Unit of the Nigerian Police Force; and cybersecurity expert Dr. Obadare Peter Adewale, Founder and Chief Visionary Officer (CVO), Digital Encode Limited.

“Wema Bank is committed to combatting fraud and protecting our customers’ financial interests,” said Dr. Obadare Peter Adewale. “We believe that it is our responsibility to educate and empower our customers with the knowledge, information, and insights needed to help them identify, mitigate, and escalate fraud on various levels.”

Wema Bank continues to prove its firm stance against fraud

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