A statement by the CBN on Saturday said that the BVN exercise involves the capturing of an individual’s basic biometric data information, including the facial image, the 10 fingerprints as well as other unique features of the customer.
The system was expected to be adopted as a means of authenticating customer’s identity at the point of banking transactions.
The bank customer would be given a uniform single identity Bank Verification Number, BVN, that would be acceptable across the Nigerian financial system as all other bank accounts operated by the individual would henceforth be tied to that BVN.
The initial start of the exercise would affect about 1,000 selected banks out of the 1,410 branches in Lagos and its environs.
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Quelle/Source: StarAfrica, 02.08.2014
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