Stakeholders’ to meet next month on how to deepen PoS penetration
In the drive for digital banking and seamless transactions, Point of Sale (PoS), ATM and transfers using mobile phones are key models, but in recent times, their usage is dropping, especially the PoS. Accordingly, the Managing Director, Global Accelerex Limited,…
Soon, use of ATM pin codes’ll give way for finger-prints, biometrics—CBN
In keeping with its renewed fight against electronic fraud, rampant losses or trapping of automated teller machine (ATM) cards, a new vista is being plotted by the Central Bank of Nigeria (CBN) to tame the tide of infractions and theft….
Electronic payment systems eroding significance of physical locations of banks—Emefiele
The Governor of Central Bank of Nigeria (CBN), Dr. Godwin Emefiele has agreed that in no distant time, physical locations of financial institutions may become mere buildings where little or no financial transaction is done. Speaking recently during the Nigeria…
