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DESIGN AND IMPLEMENTATION OF AN ONLINE BANK VERIFICATION NUMBER (BVN) SYSTEM
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- Contributor: projectwaka
- engagements: 553
- Case No: 260501pw
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ABSRACT - [ Total Page(s): 1 ]The Bank Verification Number (BVN)became imperative following the increasing incidence of compromise on conventional security systems such as password and Personal Identification Number (PIN) of customers. The BVN involves identifying an individual based on physiological or behavioral attributes, such as fingerprint, signatures and others. The customers unique BVN is accepted as a means of identification across all banks system.On the basis of introducing the concepts of Bank Verification Number system, this project work illustrates the role that the BVN plays in Nigerian banks.This research
... Continue Reading
CHAPTER ONE - [ Total Page(s): 2 ]INTRODUCTIONFaced with the problem of insecurity on customer accounts, the Central Bank of Nigeria (CBN) on February, 2014 initiated a compulsory bank verification number exercise which provides account holders with a unique number that enables the account holder to have a single identity in the banking system aimed at protecting bank customers from identity theft and other financial/economic crimes emanating in the banking sector of Nigeria (Orji, 2014) .The Bank Verification Nlumber (BVN) is a bold step taken by the Central Bank of Nigeria, to strengthen security in the banking sector of Nig ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]The Bank Verification Number (BVN)became imperative following the increasing incidence of compromise on conventional security systems such as password and Personal Identification Number (PIN) of customers. The BVN involves identifying an individual based on physiological or behavioral attributes, such as fingerprint, signatures and others. The customers unique BVN is accepted as a means of identification across all banks system.On the basis of introducing the concepts of Bank Verification Number system, this project work illustrates the role that the BVN plays in Nigerian banks.This research
... Continue Reading
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