Ecobank Transnational Incorporated and MasterCard have announced a multi-country licensing agreement which will provide access to MasterCard’s payment solutions for the bank’s customers in 23 African countries. The agreement is the culmination of a Memorandum of Understanding originally signed in November 2011, according to a statement by the bank. The […]
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CBN Unveils IT Standards for Banks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Wednesday released the Information Technology (IT) standards for Deposit Money Banks in Nigeria. This is contained in a circular with reference ITD/DIR/GEN/INC/01/001 and signed by John Ayoh, Director, Information Technology Department of the CBN and made available on its […]
FirstBank Acquires Payment Card Industry Data Security Standard Certification
Press Release As part of its efforts to continually maintain leading best practice and remain Customers bank of choice, Nigeria number one banking brand, First Bank of Nigeria Ltd has recently attained Payment Card Industry Data Security Standard certification (PCIDSS). The Payment Card Industry Data Security Standard (PCI DSS), which […]