CBN Launches Biometric Registration For Bank Customers

Banks in Nigeria have commenced biometric registration of their customers.
Rising from its 315th meeting held in Lagos on Tuesday, the Bankers’ Committee had announced that the biometric registration of bank customers would commence on Friday.
All banks are expected to comply fully with the directive which entails that all Deposit Money Banks register their customers’ details including their fingerprints.
Apart from fraud prevention and revolutionising the payment system, biometric authentication of bank customers is also to address complaints of personal identification numbers theft in the industry.
Speaking in Lagos at the launch of the new system, Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi said banks are expected to capture biometric details of all customers nationwide in the next 18 months.