Internet Banking | Oluniyi D. Ajao

E-commerce in Nigeria: We’re back to the stone age!

Wednesday, February 20, 2008

In December 2007, I was sharing my frustration about GT Bank Nigeria in a blog post titled: Woes of a Nigerian Internet Banking Customer. Till date, things have virtually remained the same – 3rd party funds transfer using the Internet Banking facility offered by GT Bank is still restricted. Well, things have just got even [...]

How to reduce Internet Banking Fraud

Thursday, December 13, 2007

3 Comments

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 [...]

Woes of a Nigerian Internet Banking Customer

Monday, December 10, 2007

20 Comments

Scam emails have been circulating the Internet for sometime now, attempting to trick people into entering their bank account login details into a fake version of their financial institution’s website. This criminal activity is known in Internet security circles as Phishing. To drive-home the point, I am quoting Wikipedia’s accurate description of Phishing: In computing, phishing [...]