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..
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 ..
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..
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..
**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 ..
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 ..