BVN

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Bank Verification Number(BVN)
A Biometric technology with secure unique identifier to analyze human characteristics as an enhanced form of authentication for real-time security processes.
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<span style="color:red;font-size:10pt">BVN Count</span><br/>51,194,140<br><span style="color:red;font-size:13pt">AS AT NOVEMBER 28, 2021</span>

With the increasing incidents of compromise on conventional security systems (password and PIN), there is a high demand for greater security for access to sensitive or personal information in the Banking System.

In recent times, biometric technologies have been used to analyze human characteristics as an enhanced form of authentication for real-time security processes.

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Objectives

The purpose of the project is to use biometric information as a means of first identifying and verifying all individuals that have account(s) in any Nigerian bank and consequently, as a means of authenticating customer’s identity at point of transactions.

To provide a uniform industrially accepted unique identity for Bank Customers

To authenticate transactions without the use of cards using only bio-metric features and PIN

Identification of blacklisted customers