Commercial banks have been advised to make more investments in financial technology (FinTech) and the relevant specialised human capital for the growth of the financial system.
Chartered Institute of Bankers of Nigeria (CIBN), President, Uche Olowu who gave the advice at the institute’s investiture in Lagos, said investment in specialised human capital is, particularly, significant given the domination of technological solutions, which are taking over human jobs.
According to a report by the McKinsey Global Institute, 60 per cent of all occupations have at least 30 per cent of activities that are technically automated. Furthermore, the report states that roughly one-fifth […]
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