Tag: electronic fraud

Telecoms SIM Swap Now Nigeria Banks Business, says CBN Gov.
August 7, 2017 No Responses

Telecoms SIM Swap Now Nigeria Banks Business, says CBN Gov.

Telecom subscribers will have to secure biometric verification from banks before swapping their Subscriber Identification Module (SIM) cards with any network operators in Nigeria. Newswatchnigeria.com over the weekend gathered that this is part of the new regulatory policies that will...
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CBN Harps on Secure Payment Systems to Tackle E-Fraud
May 10, 2017 No Responses

CBN Harps on Secure Payment Systems to Tackle E-Fraud

The Central Bank of Nigeria (CBN) on Wednesday reiterated the need for secure payment systems in the country to stem fraudulent activities in the financial sector. The Director, Banking and Payment Department, CBN, Mr Dipo Fatokun stated this while presenting....
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