Tag: Mobile Apps
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Bank tellers, Internet banking channels losing significance
Bank tellers and Internet banking channels might be losing significance as both channels respectively lost 5% of total transfer transactions, according to the 2018 Interbank Instant Payments Annual Report. TheNewsGuru (TNG) reports the annual report released by the Nigeria Inter-Bank Settlement System (NIBSS) to shed some light on the performance of Inter-bank Instant payments, shows…
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E-banking fraud: NCC wants better authentication processes for mobile apps
As fraudsters continue to exploit the weaknesses of mobile apps, especially mobile banking apps, the Nigerian Communications Commission (NCC) has said putting better authentication processes in place has become vital. TheNewsGuru (TNG) reports Executive Vice Chairman, NCC, Prof Umar Garba Danbatta stated this during a stakeholder’s forum on Financial Fraud Using Telecoms Platform the commission…