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Image for NIBSS Insight (3rd Edition): Instant Payments - 2020 Annual Statistics
NIBSS Insight (3rd Edition): Instant Payments - 2020 Annual Statistics

15/04/2021 11:32:40

The COVID-19 pandemic has forever changed the ePayments landscape. It accelerated the adoption of instant payments as the population transitioned to electronic channels for funds exchange in the wake of Government imposed loc..

Image for NIBSS Insight: Fraud in the Nigeria Financial Services
NIBSS Insight: Fraud in the Nigeria Financial Services

13/03/2021 02:01:01

Fraud. A common word, and a global phenomenon that seeks to take advantage of vulnerabilities in various systems in order to criminally achieve a financial gain. Nigerians have long been perceived to have perpetrated some of ..

Image for How the financial industry in Nigeria can adapt to the Covid-19 pandemic: Focus on Payments
How the financial industry in Nigeria can adapt to the Covid-19 pandemic: Focus on Payments

13/03/2021 02:00:05

Approximately three months after the coronavirus pandemic became a national priority with wide ranging implications on various sectors of the economy, it is apparent that its effect on payment systems and financial institutio..

Image for NIBSS Position paper on Open Banking – December 2018
NIBSS Position paper on Open Banking – December 2018

23/08/2020 09:24:30

**INTRODUCTION** Open Banking involves the use of open APIs (Application Programming Interface) which were earlier on seen as propriety, intellectual properties of financial institutions (Deposit Money Banks), to power digi..

Image for NIBSS Instant Payments (NIP) – The Game Changer
NIBSS Instant Payments (NIP) – The Game Changer

23/08/2020 09:15:29

[image]Blog/toppic-768x435.png[/image] **Overview of the NIBSS Instant Payments (NIP)** NIBSS Instant Payments (NIP) is an account-number based, online-real-time Inter-Bank payment solution developed in the year 2011 by ..

Image for The Imperative Urgency Of Financial Inclusion
The Imperative Urgency Of Financial Inclusion

23/08/2020 09:14:29

* **BACKGROUND** The United Nations Development Programme (UNDP) measures human development across countries in three basic dimensions: a long and healthy life, access to knowledge and a decent standard of living. Financial ..

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