By Busola Bamidele
At the NFIU National AML/CFT/CPF Compliance Summit in Abuja, themed ‘Shaping the Future of Financial Integrity in Nigeria: Emerging Trends and Best Practices,’ the National Information Technology Development Agency (NITDA) emphasized the transformative power of technology in combating financial crimes.
Taking to his official X handle, NITDA Director General Kashifu Inuwa underscored the critical role of advanced technologies like artificial intelligence, blockchain, and big data analytics.
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He noted their potential to enhance proactive transaction monitoring, streamline data integration, and fortify predictive security measures.
Inuwa further revealed that NITDA, in collaboration with NFIU, is actively developing innovative systems designed not only to detect fraudulent activities but to prevent them. These efforts aim to foster a resilient, tech-enabled financial ecosystem in Nigeria.
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