Showing posts with label Central Bank of Nigeria; Bank Verification Number; E-Fraud; FBN Quest Research; Interbank Settlement System PLC. Show all posts
Showing posts with label Central Bank of Nigeria; Bank Verification Number; E-Fraud; FBN Quest Research; Interbank Settlement System PLC. Show all posts

Saturday, August 06, 2016

Cashless: BVN Reduced E-Fraud By 63% — Report

The rate of e-fraud in Nigeria in terms of value reduced by 63 per cent in 2015, partly due to the introduction of bank verification numbers (BVN), according to a report by FBN Quest Research.