The Central Bank of Nigeria warns of emerging fraud risks in digital banking as losses decline amid stronger controls, swift responses and improved security.
·Unveils industry-wide war on e-fraud ·Internet banking fraud leads with N13.37bn, 4,507 cases ·Lagos tops with 63% fraud volumes ·3, 417 individuals on fraud watch listLosses to fraud in Nigerian ...
In response to this growing threat, Axis Bank has rolled out a new feature called ‘Safety Centre’ on its mobile banking app ‘open’, allowing users to manage key banking functions in real time without ...