BPC, a global payments solutions provider, has expanded its operations in Nigeria, appointing Dapo Adeosun as Managing Director to lead its efforts in one of Africa’s largest financial markets.
Adeosun brings 30 years of experience in banking and payments, including senior roles at First Bank, Access Bank, UBA, and a 12-year tenure at the Nigeria Inter-Bank Settlement System (NIBSS), where he led business development and training initiatives.
Dapo Adeosun
“At NIBSS, I witnessed firsthand the challenges that are in front of Nigeria’s financial sector, from ensuring secure, efficient services to finding future-proof, easily scalable solutions to bridge the financial inclusion gap,”
he said.
“BPC brings globally certified tools and AI-driven fraud prevention mechanisms that can drastically reduce transaction failures, enhance security, and optimise financial operations for banks and payment providers.”
He added,
“Legacy systems have long hindered banks from reaching their full potential, often preventing them from serving unbanked communities with modern financial solutions. With BPC’s SmartVista, we are changing that landscape, offering banks the flexibility, security, and scalability needed to thrive in today’s digital economy.”
Digital payments in Nigeria grew sharply between 2023 and 2024, with transaction volumes increasing from ₦600 trillion to ₦1.08 quadrillion.
Monthly transaction values consistently exceeded ₦100 trillion in late 2024, driven by a surge in point of sale usage, which now accounts for nearly 93% of combined point of sale and ATM transactions.
At the same time, fraud incidents rose fivefold to ₦52 billion, prompting renewed attention from the Central Bank of Nigeria on digital security and payment resilience.
To address these challenges, BPC is promoting its SmartVista platform, which supports digital payments through card and merchant management, mobile and agent banking, e-wallets, and SoftPOS technology.
The platform’s AI-driven fraud management capabilities are already in use by several Tier 1 Nigerian financial institutions, offering multi-layered defences through link analysis and case management.
SmartVista’s microservices-based architecture is designed to work alongside legacy systems, enabling financial institutions to improve transaction reliability while reducing operational complexity.
Its modular design also allows banks to integrate third-party services and accelerate the rollout of new offerings.
“Our goal is to provide solutions that support Nigeria’s financial ecosystem, from expanding digital finance to enabling marketplace infrastructure and digital public services,”
said Adeosun.
“With SmartVista, we are not just offering payment tools. We are helping to build a digital economy that is ready for the future.”
Featured image credit: Edited by Fintech News Africa, based on image by Nupo Deyon Daniel on Unsplash
The post BPC Expands in Nigeria, Appoints Dapo Adeosun as Managing Director appeared first on Fintech News Africa.
