Huawei partners banks to revolutionise finance

Finance professionals including leading banks in Nigeria such as Access, Zenith and UBA converged on Lagos for the Huawei Finance Congress where Huawei introduced revolutionary solutions set to redefine the future of finance. Under the banner of “Non-Stop Banking Resilience Boosts Intelligence,” the congress showcased Huawei’s arsenal of cutting-edge technologies designed to propel the financial […]

Finance professionals including leading banks in Nigeria such as Access, Zenith and UBA converged on Lagos for the Huawei Finance Congress where Huawei introduced revolutionary solutions set to redefine the future of finance.

Under the banner of “Non-Stop Banking Resilience Boosts Intelligence,” the congress showcased Huawei’s arsenal of cutting-edge technologies designed to propel the financial industry into a new era of efficiency and reliability.

From intelligent data infrastructure to decoupled architecture and beyond, attendees were treated to a glimpse of Huawei’s commitment to empowering financial institutions with next-level capabilities.

According to the CEO of Huawei Nigeria, Chris Lu, the convergence of technology and banking has become more than a mere trend and stated that it is the driving force behind global transformative change.

“The theme of this event is “Non-Stop Banking Resilience Boosts Intelligence,” this is because we understand that from Artificial Intelligence to Blockchain, Fintech startups to Established Financial Institutions, our collective journey towards digital transformation knows no bounds in the past year, with your support” he explained.

He added that Huawei has made continuous progress in the global finance industry and works with 53 of the Top 100 banks in the world including Nigeria, Germany, Singapore, Brazil etc.

“Huawei‘s proportion of R&D investment to sales revenue in the past three years has been more than 20%. By doing this, we can continue to introduce the most cutting-edge technologies into Africa” he stated.