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3232Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’
https://www.digit.info/central-bank-of-nigeria-blocks-fintech-startups-from-accessing-kyc-service-decision-described-as-an-attack-on-all-fintechs/
Mon, 12 Apr 2021 18:30:24 +0000https://www.digit.info/2021/04/12/central-bank-of-nigeria-blocks-fintech-startups-from-accessing-kyc-service-decision-described-as-an-attack-on-all-fintechs/Read more]]>The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification in the country.” New Identification System Before the latest decision, the CBN […]