Problem With Bank Verification Number (BVN) 2015 News
The Biometric Bank Verification Number (BVN) scheme in Nigeria, by the country’s banking and financial regulator, Central Bank of Nigeria, would give bank customers a single identifier across the country’s banking industry.
With the BVN, fragmented bank details of individuals will link up to a single identifier that calls up these details in one pool whenever that identifier (BVN) is queried.
Noble idea, and Nigerians only had to go into any commercial bank, and spend a couple minutes to get this done. But Nigerians weren’t really paying attention. Not until yesterday when the CBN announced it was ending the exercise and restricting some banking services to accounts that are yet to get with the programme. Read More.
Also Read: How To Check BVN Online.
The TechGuideNigeria team is very committed to bringing you the latest technology updates, you can help us by sharing our posts using the social buttons thanks.
About Paulmikki Osude
No comments