In keeping with the global theme for International Fraud Awareness Week 2024, “Share A Story, Stop A Scam,” Wema Bank, Nigeria’s most innovative bank and the forerunner of Africa’s first fully digital bank, ALAT, held an insightful seminar to commemorate International Fraud Awareness Week 2024 and to reaffirm its dedication to preventing fraud and safeguarding the financial interests of its clients.
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The lecture took place on Wednesday, November 20, 2024, at the Wema Bank Head Office in Lagos. Every year during the third week of November, the world observes International Fraud Awareness Week, a celebration aimed at drawing attention to the growing threat that fraud poses to people, businesses, and society at large.
It also encourages people and organizations to take proactive measures to lessen the effects of fraud. International Fraud Awareness Week 2024’s theme, “Share A Story, Stop A Scam,” highlights the importance of knowledge, education, and awareness in the fight against fraud. As part of its proactive efforts to fight fraud, Wema Bank has established a reputation for providing its clients with the knowledge, data, and insights necessary to recognize, stop, and escalate fraud on a variety of levels. With the launch of its Anti-Fraud campaign, the bank has not only continued to raise awareness about fraud but has also taken action against those who commit it.
Wema Bank’s choice to hold this innovative seminar in honor of International Fraud Awareness Week 2024 is not surprising given its incredibly constant anti-fraud stance. Among the stakeholders attending Wema Bank International Fraud Awareness Week 2024 are Rypson Ugwuzor, Manager, Cybersecurity and Intelligent Automation, KPMG; Mr. Oguzi Moses A., Assistant Commander of the Economic and Financial Crimes Commission (EFCC); prominent lawyer Akin Adesomoju (SAN), Founder, Akin Adesomoju & Co.; Mr. Femi Akinola, Assistant Commissioner of Police at the Nigerian Police Force’s Special Fraud Unit; and cybersecurity specialist Dr. Obadare Peter Adewale, Founder and Chief Visionary Officer (CVO), Digital Encode Limited. By raising awareness of fraud both internally and externally and taking decisive action against fraudsters who have tried to carry out fraudulent transactions on the network of FinTechs that the Bank continues to support, Wema Bank is demonstrating its unwavering commitment to combating fraud.
Wema Bank removed seven FinTechs convicted of fraud from its network earlier in 2024. Through its Anti-Fraud Campaign, the bank also keeps its customers informed about new fraud strategies and escalation mechanisms.
To stay informed, clients and the general public can follow @wemabank on Facebook, LinkedIn, Instagram, and X.
