WEMA BANK COMMEMORATES INTERNATIONAL FRAUD AWARENESS WEEK 2024

WEMA BANK COMMEMORATES INTERNATIONAL FRAUD AWARENESS WEEK 2024

Reinforcing its commitment to combating fraud and protecting customers’ financial interests, Wema Bank, Nigeria’s most innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, marked International Fraud Awareness Week 2024 with an insightful seminar. This event, held at Wema Bank’s Head Office in Lagos on Wednesday, November 20, 2024, aligned with the global theme, “Share A Story, Stop A Scam.”

International Fraud Awareness Week is a global initiative observed annually during the third week of November. It aims to spotlight the growing threat of fraud to individuals, businesses, and society while encouraging proactive steps to minimize its impact. The 2024 theme, “Share A Story, Stop A Scam,” emphasizes the importance of awareness, information sharing, and education in combating fraud.

Wema Bank has consistently upheld its commitment to fraud prevention by empowering customers with the knowledge, insights, and tools needed to detect, mitigate, and report fraudulent activities. Through its comprehensive Anti-Fraud Campaign, the bank has actively spread awareness and taken decisive action against fraudsters. This proactive stance underscores why the bank hosted this landmark seminar in commemoration of International Fraud Awareness Week 2024.

DISTINGUISHED STAKEHOLDERS PRESENT

The seminar featured notable stakeholders who shared insights into fraud prevention and management:

Mr. Oguzi Moses A., Assistant Commander, Economic and Financial Crimes Commission (EFCC)

Rypson Ugwuzor, Manager, Cybersecurity and Intelligent Automation, KPMG

Akin Adesomoju (SAN), Founder, Akin Adesomoju & Co.

Mr. Femi Akinola, Assistant Commissioner of Police, Special Fraud Unit, Nigerian Police Force

Dr. Obadare Peter Adewale, Founder and Chief Visionary Officer (CVO), Digital Encode Limited

These experts addressed various aspects of fraud detection, cybersecurity, and the importance of collaborative efforts in tackling fraudulent activities across sectors.

WEMA BANK’S ONGOING ANTI-FRAUD EFFORTS

Wema Bank has consistently demonstrated a strong stance against fraud by fostering awareness both internally and externally. Earlier in 2024, the bank disconnected seven FinTechs found guilty of fraudulent activities from its network. Additionally, it continues to educate customers on evolving fraud tactics and provides channels for reporting suspicious activities.

Customers and the public are encouraged to stay informed by following Wema Bank on Instagram, Facebook, LinkedIn, and X (@wemabank) for updates on fraud prevention tips and other initiatives.

By hosting this seminar and maintaining its robust anti-fraud campaigns, Wema Bank reinforces its commitment to safeguarding customer interests, promoting fraud awareness, and ensuring a secure banking experience.