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Artificial Intelligence: Relevance to Banking & Financial Regulations(Implant Training at Nigeria Deposit Insurance)

In the world of today where technological advancement is synonymous with artificial intelligence (AI), software applications are continuously becoming intelligent and autonomous for learning of task.

The banking industry is currently at the forefront of this advancement in Nigeria. The request by NDIC to Tech Innovation Academy (TIA) to introduce the concept of AI especially as it relates to banking buttresses the fact that NDIC is aware of the importance and relevance of AI in today’s world of banking.

It was the first of the training programs facilitated by Tech Innovation Academy (TIA). The program held at the NDIC Academy Abuja and Best western Hotel, Victoria Island Lagos in January 2019.

The implant training program had in attendance 227 NDIC staff from different units/departments locations in Nigeria.

The program was designed to help participants achieve the following objectives: Appreciate the AI concept and its relevance to the future of banking; gain insights into how AI can facilitate banking supervision and identify use case of AI relevant to NDIC operations.

The artificial Intelligence: relevance to Banking and Financial Regulations Course by Tech Innovation Academy provided me with Key Insights on Artificial Intelligence and its importance in shaping the future of banking and financial institution regulation. The facilitators were knowledgeable and ensured that the class discussions were very practical and open. ...Eromosele Alenkhe

Artificial intelligence is the future of banking...and Tech Innovation Academy has come to remind us of that. The course “Artificial Intelligence - Relevance to Banking and Financial Regulations" is not only timely, it's also necessary in today's world and especially in banking. Fikayo and Aituaz skillfully shared their repertoire of knowledge and laid it bare - data sciences, the internet of things, deep learning, personalized interactions, chatbots - are here to stay and change the world of banking. The course was a wonderful experience, and I would recommend it for everyone involved in banking - operators, regulators and indeed customers”. ... Donald Orji

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