The payment system globally has become largely digitalised with channels such as Mobile Apps, e-wallets, POS, ATMs gradually becoming the preferred ways of making different forms...
The Central Bank of Nigeria (CBN) said a Risk Based Cyber Security Framework for banks and payment service providers to combat internet fraud in the country...
Bank account owners who are yet to have a Bank Verification Number (BVN) run the risk of forfeiting their money to the federal government within the...
Nigerian National Electronic Identity (e-ID) card, powered by MasterCard, has been named “the Best Financial Inclusion Product” at this year’s Central Bank of Nigeria’s (CBN) Card,...
About 14 million bank customers nationwide had enrolled for the Bank Verification Number (BVN), according to Nigeria Inter-Bank Settlement System (NIBSS) Plc. BVN is for biometric...
In recent times, many corporate organizations in Nigeria have, especially those in the financial sector, have fallen victims of electronic (financial) frauds, but Reliance Infosystems has...
The popularity of point of sale (PoS) terminal has continued to soar as more Nigerians have started using the computerized replacement for a cash register to...
