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One of the core functions of an InterSwitch ATM/Debit card is using it to pay for goods and services via the Internet. However, fraud has always been a big problem since all that is needed to use this card on the Internet is the 19-digit card number and PIN code. I am not sure InterSwitch [...]

Popularity: 13% [?]

Long after several people have been defrauded of their money through social engineering scams, Interswitch Nigeria the leading issuer of local ATM/Debit cards appears to be acting now. According to a recent report by Daily Trust:

Interswitch Nigeria Limited in collaboration with banks last week inaugurated an awareness campaign to protect ATM card holders against fraudsters [...]

Popularity: 5% [?]

So you are a Nigerian? Or perhaps you are not? Either way, you are a citizen of some country somewhere and there comes a time in your life when you feel like you really love your country and would want the very best for your country. I cannot fathom a better way to be patriotic, [...]

Popularity: 4% [?]

Standard Chartered Bank Nigeria has joined the Interswitch payment network in Nigeria. This blog post also includes a full list of all the Nigerian banks on the Interswitch network.

Popularity: 5% [?]

I have had to blog a few times about domain names of important Nigerian institutions expiring. I never imagined that a day would come when I would blog about a bank not renewing its domain name on time.
I am talking about UBA PLC’s ubaplc.com domain name. I wanted to check their website this morning for [...]

Popularity: 2% [?]

Two days ago, I did a blog post titled “Woes of a Nigerian Internet Banking Customer” with a promise to do a follow-up post, offering suggestions. Well, this is it.
First, it is defeatist for a bank to cancel online funds transfer when it is possible to minimize the effect of fraud. I would start with [...]

Popularity: 3% [?]

Another common form of cybercrime is phishing. As a matter of fact, financial institution websites are amongst the most commonly phished websites today. According to Wikipedia:
In computing, phishing is a criminal activity using social engineering techniques. Phishers attempt to fraudulently acquire sensitive information, such as usernames, passwords and credit card details, by masquerading as a [...]

Popularity: 9% [?]