Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System (NIBSS) have expressed worry over the growing menace of Internet fraud in the financial services...
Nigeria Inter-Bank Settlement System (NIBSS) has revealed that about 78.73 million active bank accounts are yet to be linked with the Biometric Verification Number (BVN) despite...
About 2.3 million Bank Verification Numbers (BVNs) were issued in Nigeria in the last three months, bringing the total number of biometric enrollments for the bank...
House of Representatives, Wednesday, alleged that 71 million Nigerians still operate their banks’ accounts without identification. The House has therefore, set up an ad hoc committee,...
Bank customers lost a whopping N42.755 billion to fraudulent activities perpetrated through social engineering in just three months. Social engineering is when fraudsters trick individuals to...
Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of all dead customers to Nigeria Interbank Settlement...
First Bank Nigeria Plc. has gone into partnership with the Nigeria Inter-Bank Settlement System Plc. (NIBSS) on its Nigeria Quick Response (NQR) payment solution. Dr Adesola...
Layer, digital banking provider, has sealed a partnership deal with the United bank for Africa (UBA) to rapidly revolutionize digital banking and ultimately, expand banking experience...
Sterling Bank Plc has launched OnePay for Business, a mobile app that empowers merchants to use their mobile phones as Point-of- Sales systems. It allows merchants...
The Nigeria Interbank Settlement System (NIBSS) has issued approved standard operating guidelines for Bank Verification Number (BVN) matching system, mainly for a harmonized way of verifying...
