Monday, February 17, 2014

Biometrics used to tackle fraud in Nigeria

Nigeria has introduced a new system to get over banking and internet fraud. Now banks in the country will use biometrics in an effort to combat money laundering and identity theft. Over the next few months, bank customers will queue up to have their faces and fingerprints scanned to further secure transactions. However, not everyone is convinced that the technology can solve the industry's problems.

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