Tag: Wema Bank

  • Wema Bank unveils Valentine campaign

    Wema Bank unveils Valentine campaign

    Wema Bank has launched its 2026 Valentine’s Day campaign as part of activities marking the rollout of new features on its digital banking platform, ALAT.

    The campaign, themed “Evolution of Love, powered by Wema Bank,” is inspired by the recent upgrade of the ALAT app and is designed to recognise and celebrate the different forms love takes over time, extending beyond romantic relationships to include self-love, friendship and family bonds.

    According to the bank, the initiative is structured to engage customers across four broad categories: singles, friends, married couples and couples planning to wed in February. Participants are required to create a “Love Goal” on the ALAT app and share a one-minute video on social media describing how their love journey has evolved.

    Selected participants are expected to receive gifts ranging from cash rewards and lifestyle vouchers to short vacations, while one couple getting married in February is to enjoy a celebrity performance at their wedding.

    Speaking on the initiative, the Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni, said the campaign reflects the institution’s customer-focused approach and its desire to connect with users beyond traditional banking services. He explained that the decision to broaden the scope of Valentine’s celebrations was informed by the diverse experiences of the bank’s customers.

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    Oseni noted that the campaign aims to promote self-worth and friendship among singles, strengthen bonds among families and married couples, and mark important milestones for couples preparing for marriage.

    He added that the overall objective is to ensure customers feel appreciated and included during the Valentine season.

    According to him, “Love is central to the delivery of true customer-centric service, and as a Bank that prides itself on being customer-centric, this is reflected in the thought, intentionality and commitment we put into all we do at Wema Bank. It has always been clear how much we care about our customers and this year, we decided to celebrate the journey of love across different categories that reflect the different experiences and realities of our customers, from friends and couples who have grown together over the years to lovers taking the bold step of marriage and even singles because self-love is crucial”.

     “This Valentine’s, we chose to acknowledge the beauty of every love journey, and we are inviting all new and existing customerswho have a story to share. For the friends and singles, our goal is to promote true friendship and self-love. For families and married couples, our goal is to strengthen bonds by reminding them of how far they have come. For those intending to get married, we are adding one more memorable touch to their wedding with a special artiste performance. Our ultimate goal is for every Wema Bank customer to feel loved this season and beyond,” Oseni concluded.

  • Wema Bank launches voice banking feature

    Wema Bank launches voice banking feature

    WEMA Bank has introduced a voice-enabled banking feature on its digital platform, ALAT, following the release of an upgraded version of the application tagged “ALAT: The Evolution.”

    The upgraded platform, launched recently, includes new functionalities designed to allow users to complete banking transactions through voice commands using an in-app virtual assistant known as “SAW.”

    According to the bank, the feature enables end-to-end transaction processing without manual data entry.

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    The virtual assistant offers gender-based customisation and incorporates voice recognition technology, which the bank says adapts to individual voice patterns.

    An additional passcode requirement is included as part of the verification process.

    Speaking on the introduction of the voice banking feature, the Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni, said the development was guided by the need to improve efficiency, reliability and convenience in digital banking.

  • Wema Bank unveils voice banking platform

    Wema Bank unveils voice banking platform

    Wema Bank has introduced a voice-enabled banking feature on its digital platform, ALAT, following the release of an upgraded version of the application tagged “ALAT: The Evolution.”

    The upgraded platform, launched recently, includes new functionalities designed to allow users to complete banking transactions through voice commands using an in-app virtual assistant known as “SAW.”

    According to the bank, the feature enables end-to-end transaction processing without manual data entry.

    The virtual assistant offers gender-based customisation and incorporates voice recognition technology, which the bank says adapts to individual voice patterns.

     An additional passcode requirement is included as part of the verification process.

    Speaking on the introduction of the voice banking feature, the Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni, said the development was guided by the need to improve efficiency, reliability and convenience in digital banking.

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    He stated that the feature was designed to support users in completing transactions quickly without disrupting their daily activities.

    Oseni noted that the upgraded ALAT platform integrates artificial intelligence with security features and is intended to optimise banking services for users within and outside Nigeria.

    He said: “When we launched ALAT in 2017, the goal for us was to provide a banking solution that would be ahead of its time, something that would optimise banking for Nigerians across the world and be accessible 24/7, outside the spheres of traditional banking. ALAT, no doubt has ticked all the boxes since its launch, and the upgraded version goes even further. The Wema way is innovative and ever evolving.

    “We saw the world evolve, understood where it was headed and leveraged emerging technologies to give ALAT a futuristic upgrade; hence the launch of what we have tagged ‘ALAT: The Evolution’, a game changer in the industry.

    “In today’s AI-driven world, the new ALAT incorporates artificial intelligence with enhanced security, creating a holistic solution built with groundbreaking features that extend beyond banking. It goes beyond just implementing an AI Virtual Assistant, it is supporting the fast-paced lifestyles of our customers without interrupting their busy schedules. A student caught up in work does not need to transfer focus to their banking app to make a quick transfer.

     “A simple voice command cuts down a process that would have taken a whole minute to a matter of seconds. Every detail is strategic, ensuring that your virtual assistant is programmed to your voice and regular voice patterns. This is the future of banking, and this is what Wema Bank has delivered with the new and upgraded ALAT”, Oseni concluded.

    In addition to voice banking, the upgraded application also includes a contactless payment feature known as “Tap & Pay,” which allows secure transactions between ALAT users in close proximity. Another feature, Uptime Prediction, displays the service availability status of recipient banks before transactions are processed.

  • Wema Bank launches upgraded ALAT banking App

    Wema Bank launches upgraded ALAT banking App

    Wema Bank has launched the upgraded version of its flagship digital banking platform, ALAT by Wema.

    Designed to be the next phase in digital banking, the upgraded version of ALAT delivers a smarter, faster, and more intuitive experience, reinforcing Wema Bank’s leadership in technology-driven financial services.

    Tagged, ALAT: The Evolution, the upgraded version represents a significant advancement in how customers interact with their bank, enabling seamless banking through intelligent features, such as voice banking (called SAW), which allows customers to carry out banking activities using natural voice commands, reducing friction and improving accessibility.

    It also introduces Tap and Pay for quick, secure and convenient contactless transactions, alongside uptime prediction that enhances transparency, reliability and confidence around service availability.

    Together, these innovations are designed to simplify everyday banking while anticipating customer needs in real time, reinforcing Wema Bank’s commitment to trust, efficiency and customer-centric digital experiences.

    Announcing the upgraded version, Wema Bank’s Managing Director/CEO, Mr. Moruf Oseni, said: “ALAT: The Evolution is more than an upgrade. It is a clear demonstration of our commitment to redefining digital banking in Africa. By understanding the future of banking and listening closely to our customers, we have upgraded ALAT by Wema to a digital banking platform that is smart, intelligent and dependable.

    “This evolution reinforces our promise to deliver innovation that genuinely enhances how people live, work, and transact everyday.”

    The Wema Bank CEO noted that migrating to the upgraded app is seamless.

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    He added: “Existing customers can simply visit the Google Play Store or Apple App Store to update their existing ALAT app and sign in with their existing login details.”

    Oseni assured the bank’s customers that their account information and transaction history remained intact on their profile.

    The banker said they would also gain access to new features that make banking faster, more intuitive, and more reliable.

    He stated that new customers only need to visit the Google Play Store or Apple App Store to download ALAT by Wema app and click the Get Started icon to onboard seamlessly.

    Speaking on the technology in the upgraded ALAT by Wema, the Chief Digital Officer, Olusegun Adeniyi, said: “With ALAT: The Evolution, we set out to enhance not just functionality but the overall banking experience. By integrating voice banking, contactless payments and predictive reliability, we are delivering a platform that is built on powerful technology and responds intelligently to customer needs.”

    The upgrade, he added, “reflects our long-term digital vision to create a digital bank that is adaptive, intuitive and consistently available”.

    Built on speed, intelligence, and user-centric design, ALAT: The Evolution redefines everyday banking through intuitive features, such as voice-enabled transactions, contactless payments and predictive service reliability.

    Designed to anticipate customer needs in real time, the platform delivers a smarter, more seamless, and dependable digital banking experience that reflects Wema Bank’s vision for the future of finance.

    With the upgraded version of ALAT, Wema Bank continues to strengthen its position as a digital-first institution, delivering innovative solutions that empower individuals and businesses to bank with confidence in an increasingly digital economy.

  • Wema Bank doles out N120m to Hackaholics winners

    Wema Bank doles out N120m to Hackaholics winners

    Wema Bank, and  Nigeria  Africa’s first fully digital bank- ALAT, has announced Chao and VOC AI as the first-place winners for Hackaholics 6.0. This announcement was made at the Grand Finale of Hackaholics 6.0 which took place in Lagos, over the weekend.

    Chao, an engine helping food vendors work smarter and grow effortlessly, emerged first place winner in the Ideathon, securing a N25 million prize while VOC AI, a Voice of Customer SDK that turns everyday notifications into real-time feedback touchpoints, emerged first place winner in the Hackathon.

    Other winners include Ideathon winners VARSITY SCAPE that  came second with a N20 million prize, FARMSLATE in third place with a N15m prize and SANE AI which came fourth with a N5.0m prize and FERTITUDE, which secured the win for the Women-Led category, taking home a N5.0m prize. For the Hackathon, ILLUMITRUST came second, following VOC AI with a N15m prize, FIX FRAUD AI came third with a N10m prize and RAPID DEV came fourth with a N5.0m prize.

    Congratulating the winners, Moruf Oseni, the Managing Director/CEO of Wema Bank, encouraged more youths to explore innovation and channel their creativity positively and productively. Reiterating the Bank’s commitment to empowering lives through innovation, Oseni said, “for eight decades, we have stood as Nigeria’s longest surviving indigenous bank, waded market storms, adapted to countless disruptions, transformed alongside our nation over the decades, and spearheaded innovation in banking.

    “ With Hackaholics, we decided to go beyond being innovators to becoming the bank that empowers innovators even from as early as their undergraduate years. We recognise that the future of this continent will be built on the bedrock of Science Technology, Engineering and Mathematics (STEM), which is why our dedication to youth and STEM education is more than just CSR, it is a strategic imperative that we do not compromise on. We are not just providing platforms, we are investing in the youth, financially, intellectually and in every other way that matters”.

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    “For Hackaholics 6.0, we toured 8 campuses, received over 11,000 high-quality applications compared to 2024’s 2,300, applications, and directly engaged over 2,000 participants in regional pitch sessions.

    The year-on-year increase in applications shows that Hackaholcis has grown beyond being a competition; it is a thriving national ecosystem for problem solvers. The sheer volume and quality of the ideas and solutions we have discovered solidifies our belief that the African challenge is the African opportunity and as a Bank, we will continue to fuel the innovators that will transform opportunity into impact. We are proud of every participant who started this journey, and of course the finalists who made it this far. To the winners, I say Congratulations; Wema Bank is with you, all the way”, Oseni concluded.

    Since its launch in 2019, Hackaholics has disbursed $300,000 in funding to youth and startup innovators across the six geo-political zones in Nigeria, disbursing N75 million to women-led teams in 2023 and 2024 alone—a testament to the Bank’s intentional drive for women inclusion in tech and innovation. Through Hackaholics and several other initiatives pioneered by the Bank, Wema Bank continues to invest in Nigerian youth, support innovators and promote inclusion in the spaces that matter, perpetually fulfilling its mission of Empowering Lives Through Innovation.

  • Wema Bank unveils finalists for Hackaholics 6.0

    Wema Bank unveils finalists for Hackaholics 6.0

    WEMA Bank has announced the emergence of the Top 20 finalists for Hackaholics 6.0 following a two-day pre-pitch event held on December 16 and 17, 2025. Hackaholics is Wema Bank’s flagship innovation platform designed to identify, support, and scale technology-driven solutions across Nigeria.

    The Top 20 finalists are drawn from two categories introduced for the sixth edition of the programme: the Hackathon stream and the Ideathon stream. The Hackathon finalists are Rapid DEV, Secure IT, Neurafeed, Trust Lock Babcock, Pulse Track, IlluminiTrust, Trust Lock FUTA, Fix Fraud AI, KASH Flow, and VOC AI. The Ideathon finalists include PLOY, Fertitude, VarsityScape, Mama ALERT, StockMed, Chao, All Arbitrate, FarmSlate, Sane AI, and Cycle X.

    Commenting on the expanded structure of Hackaholics 6.0, Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, said the dual-stream approach was designed to accommodate both creators of new solutions and innovators refining existing ideas.

    According to him, innovation is not limited to building from scratch but also involves optimising and improving existing systems to drive efficiency and impact.

    Oseni noted that Hackaholics continues to demonstrate the creativity and problem-solving capacity of Nigerian youths.

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    He revealed that the 2025 edition toured seven cities and engaged 1,460 participants, leading to the discovery of numerous promising ideas. From these, 43 teams were shortlisted to advance to the pre-pitch stage, where further evaluation led to the selection of the Top 20 finalists for the grand finale.

    The pre-pitch session featured intensive presentations and evaluations, with participants showcasing solutions aimed at addressing real-world challenges across various sectors. The process culminated in the emergence of the Top 10 finalists in each stream, who have now secured their places in the final stage of the competition.

    The grand finale of Hackaholics 6.0 is scheduled for December 19, 2025, and is expected to bring together key stakeholders in Africa’s technology and innovation ecosystem.

    The event will provide finalists with an opportunity to test their solutions, gain industry exposure, and connect with potential investors for funding opportunities beyond the competition prizes.

    Prizes for the Ideathon category include ₦25 million for the winner, ₦20 million for the first runner-up, and ₦15 million for the second runner-up, alongside ₦5 million each for two women-led teams. In the Hackathon category, prizes of ₦20 million, ₦15 million, ₦10 million, and ₦5 million will be awarded to the first- through fourth-place winners respectively.

    The grand finale will be streamed live on Wema Bank’s official YouTube channel, with conversations around the event continuing across social media platforms using the hashtag #Hackaholics6.

  • Wema Bank launches ‘12 Days of Christmas”

    Wema Bank launches ‘12 Days of Christmas”

    Wema Bank has launched a festive customer reward campaign, tagged “12 Days of Christmas with 5 for 5 Rewards,” as part of its end-of-year engagement aimed at encouraging everyday banking activities during the holiday season.

    The campaign, which runs from December 14 to December 25, 2025, is designed to reward customers who fund their accounts with a minimum of N5,000.

    Each day throughout the twelve-day period, 33 customers will receive a N5,000 cash reward upon meeting the funding requirement, translating to daily cash rewards for selected participants across the country.

    According to the bank, the initiative aligns with its broader strategy of recognising customer loyalty while promoting the use of its digital and alternative banking channels.

    The campaign allows customers to participate by funding their accounts through the ALAT app, the *945# USSD code, or debit card transactions.

    Wema Bank said the promotion reflects its understanding of increased financial activity during the festive period, when households typically face higher spending demands associated with travel, family obligations, and year-end preparations.

    By offering direct cash rewards tied to routine transactions, the bank aims to provide added value without altering customers’ regular banking behaviour.

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    The financial institution noted that the campaign forms part of its continued focus on customer-centric innovation, particularly in leveraging digital platforms to deliver convenient and accessible banking experiences.

    It also underscores the bank’s effort to maintain consistent engagement with customers beyond traditional promotions, especially during key moments in the calendar year.

    Wema Bank added that the initiative complements its wider retail banking objectives, which prioritise simplicity, transparency, and responsiveness to customer needs.

    The bank has, in recent years, increased its emphasis on digital banking solutions as a way of deepening financial inclusion and improving service delivery across its customer base.

    As the year draws to a close, the bank said the 12 Days of Christmas with 5 for 5 Rewards campaign offers customers an opportunity to benefit from routine banking activities while participating in a seasonal initiative that runs alongside other end-of-year engagements.

    Wema Bank reiterated its commitment to delivering banking services that balance innovation with practical value, noting that customer-focused programmes remain central to its approach as it prepares for the new financial year.

    “Beyond the rewards, the 12 Days of Christmas with 5 for 5 Rewards reflects Wema Bank’s broader commitment to customer-centric banking. It reinforces the Bank’s focus on creating experiences that go beyond transactions, especially during moments that matter most to customers.

    “As the year draws to a close, Wema Bank is inviting customers to enjoy the festive season knowing that their loyalty is valued and celebrated. With every transaction, the Bank continues to find new ways to connect, appreciate, and give back during a season defined by generosity.”

  • Wema Bank unveils N120m prize for Hackaholics grand finale

    Wema Bank unveils N120m prize for Hackaholics grand finale

    Wema Bank has announced a N120 million prize pool for the Hackaholics 6.0 Grand Finale following the emergence of 35 teams from regional pitch sessions that recorded 1,460 participants across seven cities in Nigeria.

    Announcing the prize structure, MD/CEO Wema Bank, Moruf Oseni, disclosed that the N120 million will be awarded across several winning categories at the finale.

    The Ideathon prizes include N25 million for first place, N20 million for the first runner-up and N15 million for the second runner-up. In the Hackathon category, the first to fourth-place teams will receive N20 million, N15 million, N10 million and N5 million respectively.

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    In addition, two women-led innovations, one from each vertical, will receive N5 million each in recognition of Wema Bank’s commitment to advancing female participation in technology and innovation.

    According to Moruf Oseni, “Hackaholics continuesto demonstrate the power of young people to shape the future of technology and nation-building. We believe strongly in the ideas, resilience, and ingenuity of the Nigerian youth, and our investment in this initiative is a clear testament of our commitment to giving them the resources, mentorship, and platform they need to transform their ideas into real-world solutions.

    “As these finalists head to Lagos, we are confident that their innovations will create meaningful impact across industries and communities, and we are proud to be a champion for that transformation.”

  • Wema Bank emerges fourth-time winner at Bankers’ Game

    Wema Bank emerges fourth-time winner at Bankers’ Game

    Wema Bank has emerged overall Winner at the just-concluded Nigeria Bankers Game (NBG) 2025 grand finale, marking the bank’s fourth consecutive win at the sporting event, setting a new industry record.

    With a tally of nine gold medals, Wema Bank clinched victories across various categories, including Table Tennis (Female Singles, Doubles, and Mixed Doubles), Volleyball, Scrabble, Video games, 100m Female, 200m Female, and the 4x100m Female Relay.

    This year’s NBG also celebrated individual excellence, with Oluwaseun Adewunmi an employee of Wema Bank earning the title of Nigeria Bankers Game 2025 Overall Outstanding Athlete.

    According to the bank, her performances across various disciplines reflect deep commitment, discipline, and resilience, making her stand out as one of the tournament’s finest competitors.

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    Managing Director and CEO of Wema Bank, Moruf Oseni, expressed his pride in the NBG achievement.

    He said: “Wema Bank Plc has once again won the Nigerian Bankers Games title for the fourth consecutive year. This remarkable feat sets a new benchmark in the Nigerian banking industry. As we commemorate 80 years of impact and service, this victory carries even deeper meaning for us as an institution.

    “We owe this incredible success to every staff who wore our colours and competed with passion, focus, and grit, our esteemed athletes, you are true champions. Your dedication to training and your stellar performance across all events showcased the absolute best of our institution. Thank you for making history.

    “This championship confirms that Wema Bank is a powerhouse, a place where excellence is not the exception but the standard. This victory is more than just a trophy. It is a profound reflection of our corporate DNA and a powerful testament to the spirit of excellence and determination that defines us.”

    Reacting to her recognition as the overall outstanding athlete of the year, Oluwaseun Adewunmi said, “I am deeply honored to receive this award. Competing across several events and representing Wema Bank has been an incredibly fulfilling experience. This achievement is a shared victory that belongs to my teammates and everyone who supported us throughout the tournament. I am grateful to Wema Bank for providing the platform, encouragement, and support that enabled us to perform at our very best.”

  • Wema Bank wins  fourth consecutive  Nigeria Bankers Games

    Wema Bank wins  fourth consecutive  Nigeria Bankers Games

    Wema Bank has emerged  the overall Winner at the just-concluded Nigeria Bankers Game (NBG) 2025 Grand Finale, marking the bank’s fourth consecutive win at the sporting event, setting a new industry record.

    With a tally of nine gold medals, Wema Bank clinched victories across various categories, including Table Tennis (Female Singles, Doubles, and Mixed Doubles), Volleyball, Scrabble, Video games, 100m Female, 200m Female, and the 4x100m Female Relay.

    This year’s NBG also celebrated individual excellence, with Oluwaseun Adewunmi an employee of Wema Bank earning the title of Nigeria Bankers Game 2025 Overall Outstanding Athlete.

    According to the bank, her performances across various disciplines reflect deep commitment, discipline and resilience, making her stand out as one of the tournament’s finest competitors.

    Managing Director and CEO of Wema Bank, Moruf Oseni, expressed his pride in the NBG achievement.

    He said: “Wema Bank Plc has once again won the Nigerian Bankers Games title for the fourth consecutive year. This remarkable feat sets a new benchmark in the Nigerian banking industry. As we commemorate 80 years of impact and service, this victory carries even deeper meaning for us as an institution.

     “We owe this incredible success to every staff who wore our colours and competed with passion, focus, and grit, our esteemed athletes, you are true champions. Your dedication to training and your stellar performance across all events showcased the absolute best of our institution. Thank you for making history.

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     “This championship confirms that Wema Bank is a powerhouse, a place where excellence is not the exception but the standard. This victory is more than just a trophy. It is a profound reflection of our corporate DNA and a powerful testament to the spirit of excellence and determination that defines us,” he concluded.

    Reacting to her  as the overall outstanding athlete of the year, Oluwaseun Adewunmi said: “I am deeply honoured to receive this award. Competing across several events and representing Wema Bank has been an incredibly fulfilling experience. This achievement is a shared victory that belongs to my teammates and everyone who supported us throughout the tournament. I am grateful to Wema Bank for providing the platform, encouragement, and support that enabled us to perform at our very best.”

    As Wema Bank celebrates this fourth consecutive win, the bank reiterates its commitment to excellence and continuous progress.

     “This historic achievement is not only a reflection of sporting success but also a testament to Wema Bank’s unwavering dedication to fostering a culture of resilience, innovation, and collaboration. Through consistent performance, empowerment of its people, and a drive to set new standards, Wema Bank continues to lead as a trailblazer, inspiring others to strive for greatness.”