
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, celebrated International Fraud Awareness Week 2024 by holding an informative seminar, further solidifying its dedication to preventing fraud and safeguarding the financial interests of its clients.
The seminar accessed by BrandSpur banking and finance news, 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 to raise awareness of 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,” places special emphasis on the value 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 decision to hold this innovative seminar in honor of International Fraud Awareness Week 2024 is not surprising given its incredibly constant anti-fraud stance.
Akin Adesomoju (SAN), Founder of Akin Adesomoju & Co.; Mr. Femi Akinola, Assistant Commissioner of Police at the Special Fraud Unit of the Nigerian Police Force; cybersecurity expert Dr. Obadare Peter Adewale, Founder and Chief Visionary Officer (CVO) of Digital Encode Limited; Rypson Ugwuzor, Manager, Cybersecurity and Intelligent Automation, KPMG; and Mr. Oguzi Moses A., Assistant Commander of the Economic and Financial Crimes Commission (EFCC) is among the stakeholders that attended The Wema Bank International Fraud Awareness Week 2024.
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. They 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, customers and the general public can follow @wemabank on Facebook, LinkedIn, Instagram, and X.





