IT was Steve Job, the late American businessman and inventor that once said, “The only way to do great work is to love what you do”. In Adedayo Bankole, the Managing Director of Barnksforte Technologies Limited, we find a debonair Business leader and Innovator who embodies this sentiment, channeling his passion for business into a force for good. Bankole is good at what he does. He has not only elevated Barnksforte to new heights of success but has also inspired a generation of leaders to embrace a more purpose-driven approach to business.
Barnksforte Group specializes primarily in IT, particularly in identity solutions and fintech, along with other tailored solutions. Additionally, they are involved in construction, farming, healthcare, and oil and gas sectors.
Over the years, Bankole’s led Barnksforte technologies has spearheaded a digital revolution in Nigeria, particularly in streamlining vital services provided by the National Population Commission (NPC) and the National Identity Management Commission (NIMC). The company has recorded remarkable successes in various projects with the federal and state governments, as well as the private sector, investing in the development and management of innovation and productive solutions.
One notable innovation by Bankole’s company is the introduction of the VitalReg self-service platform for NPC, which has revolutionized the identity management process.
Similarly, Barnksforte’s collaboration with NIMC has led to the development of a web-based self-service application for National Identification Number (NIN) modifications. This innovation allows individuals to update their NIN information, such as Change of Name or Address, Date of Birth and Phone number without the need for physical visits to NIMC offices. This has helped in saving time and resources for both citizens and the government.
Bankole’s success story reminds me of the late American innovator, Steve Job. They may have possessed distinct national affiliations but one may be forced to conclude that both are intertwined in thoughts and ideas given their landmark achievements in the world of technology and business. Steve was best known for co-founding the technology giant Apple Inc.
But for Bankole, he’s a passionate business leader, political strategist and negotiator with over 20 years of experience in software development and revenue management. It is safe to say both Steve and Bankole are driven by the same entrepreneurial microscope relating to leadership and innovations. Great minds, they say, are identical in thoughts, deeds and what drives them.
In today’s world of business where profit often takes precedence there are exceptional leaders who transcend conventional norms. These kind of leaders are driven by a profound desire to make a meaningful difference but not by financial success. Adedayo Bankole, epitomizes this ethos with his unwavering commitment to doing great work that leaves a lasting impact on stakeholders and clients alike.
Bankole holds a Master’s of science degree in Leadership and Management from Western Governors University. He also bagged several certifications in Leadership and negotiation from Havard Law School and Canadian Management Center. Bankole is brilliant, inventive, charismatic humane, generous and highly disciplined. His professional ethos have also endeared him to many in the different spheres of every human endeavour.
He is always open to new opportunities and partnership that can create a positive impact in the world. He has forged a business model that generates value for shareholders and uplifts the lives of employees, customers and society at large.
One of the hallmarks of Adedayo’s leadership is his rare gumption for innovation and ideas. Recognizing that the challenges of today require bold, forward-thinking solutions, he has advanced a culture of creativity and entrepreneurship within Barnksforte.
Whether, he’s leading a team in revenue collection and management for state governments using ICT tools, increasing their revenue by over 50%, he’s investing in philanthropic endeavors and projects in health sector, renewable energy and real estate, leveraging cutting-edge technology, or forging strategic partnerships, Adedayo continually seeks out opportunities to push the boundaries of what’s possible and drive meaningful change.
In an evolved world where technological advancements are rapidly shaping the landscape of various industries, Adedayo Bankole stands as a visionary entrepreneur whose giant initiatives are blazing the trails. To conform with the trend and remain a big player in the industry, Barnksforte has successfully leveraged on technology to address pressing challenges by providing innovative solutions that streamline business operations while also prioritizing security and efficiency.
At the heart of his endeavors lies the birth of “Verxid”, a groundbreaking proprietary end-to-end touch less biometric solution designed to enhance security and convenience for users in emerging markets across Nigeria and Africa.
Verxid represents a paradigm shift in biometric authentication. It offers a highly secure and innovative approach to identity verification. Unlike conventional biometric systems that rely on physical contact with sensors, Verxid utilizes advanced touch less technology, eliminating the need for users to physically interact with the authentication device. This not only enhances convenience but also minimizes the risk of spreading germs. This has made it particularly relevant in today’s post-pandemic world where health and safety concerns remain paramount.
Verxid provides a safe and reliable authentication solution that meets the evolving needs of businesses and consumers alike. This was made possible because Bankole’s journey into the world of entrepreneurship and technology began with a fervent desire to make a meaningful impact on society.
One of the key strengths of Verxid lies in its adaptability to both web and mobile applications. This versatility enables seamless integration with a wide range of digital platforms, including banking and financial services, e-commerce, healthcare, and government services. Whether accessing a mobile banking app or completing an online transaction, users can enjoy the benefits of Verxid’s multi-factor biometric authentication, significantly reducing the likelihood of unauthorized access and fraud.
Security is paramount in any authentication solution and Verxid is designed with this principle at its core. Leveraging the state-of-the-art encryption techniques and advanced algorithms, Verxid ensures the highest level of protection for user data and identities. When you combine multiple biometric factors such as facial recognition, fingers recognition, and behavioral biometrics, what you would get through Verxid is a multi-layered security approach that is virtually impenetrable to unauthorized access. Thanks to the innovation of Verxid.
Furthermore, Verxid’s touch less technology aligns with the growing trend towards contactless transactions and interactions, making it not only secure but also hygienic. Over 80 percent of internet interaction comes from mobile devices with over 90 percent completed using a mobile application in Nigeria.
Verxid’s contactless biometric is leveraged on the existing infrastructure (No extra cost for hardware) to create a sustainable solution and provides the most secure high-performing process of capturing a high volume of users. The live-ness of finger and facial biometric capture on Verxid makes it easy to prove the viability of every captured image. The intuitiveness of this system guarantees that each captured data is unique and has no duplication.
This further makes the technology a game-changing advancement in biometric authentication technology, offering unparalleled security, convenience and adaptability for users in emerging markets across Nigeria.
For the CEO of Barnksforte, his passion for innovation and a keen understanding of market needs extends beyond mere business transactions; it encompasses a fervent dedication to creating positive change in the lives of others. While Bankole has strived to align the goals of Barnksforte with a broader vision of societal progress, the impact of his work will be felt for years to come even as he continues to innovate and shape the future of the industry. Adedayo Bankole is called D1 by his team and his numerous admirers.
Popoola is a journalist. He writes from Ibadan.