CBN's anti-money laundering fight triggers fresh BVN race in banks
The apex bank said the directive was part of efforts to promote financial system stability and strengthen the ‘Know Your Customer’ procedures
Source: punchng.com
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Nigeria's electronic payments boom leaves some at risk for fraud - The Record by Recorded Future
As fintech booms internationally, local consumer protection and cybersecurity policies haven’t always kept up.
Source: therecord.media
Nigeria's identity management agency wants to replace ID numbers with digital tokens
NIMC is rolling out the next phase of its digital ID programme, a virtual e-ID that anonymises the personally identifiable info used for KYC verification.
Source: techcabal.com