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TheCable

Tag "KYC"

CBN, fintechs and money laundering

    CBN, fintechs and money laundering

An important development that occurred in the financial services industry the other week went largely unreported in the press; perhaps because the media is still engrossed in all the corruption

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How to link your NIN/BVN on the PalmPay app

    How to link your NIN/BVN on the PalmPay app

The PalmPay app now has enhanced features allowing users to effortlessly add their National Identification Number (NIN) and Bank Verification Number (BVN) to their wallets while upgrading their Know Your

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OPay to block accounts not compliant with KYC requirements March 1

    OPay to block accounts not compliant with KYC requirements March 1

OPay, a Nigerian financial technology firm, says fraudulent accounts will be removed from its system from March 1, 2024. At a news conference on Wednesday, the mobile money firm said

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CBN sets N50k daily limit on contactless payments

    CBN sets N50k daily limit on contactless payments

The Central Bank of Nigeria (CBN) has pegged daily transaction limits to N50,000 for contactless payment. Contactless payments are a secure and convenient method of making transactions without physical contact

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