Wema Bank hosts seminar for International Fraud Awareness Week 2024

The bank marked International Fraud Awareness Week 2024 with a seminar themed “Share A Story, Stop A Scam,” reinforcing its anti-fraud stance

Wema Bank, Nigeria’s leading innovator and pioneer of Africa’s first fully digital bank, ALAT, reaffirmed its commitment to fraud prevention during International Fraud Awareness Week 2024.

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The bank hosted an engaging seminar at its Lagos head office on Wednesday, 20th November 2024, themed “Share A Story, Stop A Scam,” aligning with the global theme for this year’s fraud awareness campaign.

International Fraud Awareness Week, observed globally every third week of November, highlights the growing threats of fraud and encourages proactive measures to mitigate its impact.

This year’s theme emphasises the importance of sharing real-life experiences to educate individuals and organisations about fraud prevention.

Wema Bank has consistently prioritised fraud awareness and prevention, empowering customers with the knowledge needed to identify and combat fraud.

Through its robust Anti-Fraud Campaign, the bank has not only spread awareness but also taken decisive action against fraudsters, reinforcing its commitment to safeguarding customers’ financial interests.

The seminar featured insights from industry leaders and experts, including:

• Mr Oguzi Moses A., Assistant Commander of the 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, Digital Encode Limited

Wema Bank’s proactive measures include disconnecting seven FinTechs found guilty of fraud from its network earlier this year. The bank continues to strengthen its anti-fraud systems and equip customers with tools to identify emerging fraud tactics.

Customers and the general public are encouraged to follow @wemabank on Instagram, Facebook, LinkedIn, and X for updates on fraud prevention strategies and bank initiatives.

Also read: Wema Bank awarded best workplace for millennials and innovation culture

Wema Bank remains steadfast in its mission to combat fraud while empowering individuals and businesses to protect their financial security.