August 6, 2017/FICAN The Central Bank of Nigeria (CBN) has assured that Financial Technology (FinTech) companies will not take over the roles played by commercial banks in delivering services to customers. Speaking at the Bi-Monthly Forum of the Financial Correspondents Association of Nigeria (FICAN) in Lagos at the weekend, CBN […]
Money Market
Fraud biggest enemy of e-payment, says CBN
August 6, 2017/FICAN The Central Bank of Nigeria (CBN) has described e-fraud as the biggest challenge facing the electronic payment sector and needs to be collectively tackled by customers, banks and financial sector regulators. CBN Director, Banking & Payments System Department, ‘Dipo Fatokun who disclosed this at the weekend in […]
More Sweep Required on e-Payment Platforms
Culled—Proshare August 4, 2017/FBNQuest Research Over the past five years, there has been considerable growth in electronic payment platforms in Nigeria. This payment ecosystem has introduced a new level of convenience for customers and in most cases, a pickup in patronage for retailers. However, these electronic payment options are exposed […]
