The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to implement multi-factor authentication for foreign card transactions exceeding $200 per day, as part of new measures to ...
Rapidly increasing in both usage and transaction value, credit cards continue to be a prominent mode of cashless spending.
Tribune Online on MSN
CBN mandates multi-factor authentication for foreign card spending above $200 daily
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement multi-factor authentication for foreign card transactions exceeding $200 per day as part of new ...
Physical retail is more vital than ever, but its role has evolved. Today’s customers don’t just visit stores to buy—they come ...
AllAfrica on MSN
Nigeria: Yuletide - CBN Orders Banks to Enable Smooth ATM, POS Transactions for Foreign Cards
The directive, contained in a Thursday circular issued by the CBN's Financial Policy and Regulation Department and signed by its Director, Rita Sike, is expected to improve access to funds, security ...
Discover how Transaction Authentication Numbers (TANs) enhance online security by adding an extra layer of protection through two-factor authentication.
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