SMEs have been charged to embrace business growth opportunities offered by digital identity and consumer analytics to scale their operations and unlock growth within the ecosystem.
The rapid growth of fintech, mobile financial services, open banking, near instant cross-border payments and block chain have created fertile ground for unscrupulous individuals to exploit the system.
Access to credible consumer data has been identified as a critical layer that will enable a viable open finance system in Africa. Chief Operating Officer, VerifyMe Nigeria, Sarah Essien, said the quest for a sustainable open finance economy...
Operators in the digital identity space have been challenged in optimising their services. This comes on the heels of regulatory challenges facing many African fintech operators...
11 Aug 2022
Stakeholders who are critical to knowing your customers (KYC) compliance have been charged to adopt a collaborative approach towards deepening compliance in the country.
13 May 2022
Digital identity and consumer analytics technology company, VerifyMe Nigeria, has launched a digital plate number verification service that verifies motor vehicle and motor owner data instantly via number plates.
27 Oct 2021
Digital identity and eKYC startup, VerifyMe has announced that it has processed over 200,000 Tier III address verifications in 2021. This is in addition to over 600,000 4D Geographic Information System (GIS) checks using customers’ smartphones.
15 Sep 2021
As the global community marks the 2021 International Identity Day, an IT expert, Esigie Aguele, has called for deeper collaboration among industry stakeholders to build trust and support the adoption of digital systems in Nigeria. According to him, while the country, through the instrumentality of the National Identity Management Commission (NIMC), has made significant…
8 Sep 2021
Vibrant digital identity and cyber security backbones have been identified as critical factors to drive the emerging payment technology economy in Nigeria, experts have said.
2 Jun 2021
FinTech operators in Nigeria have been charged to digitise their Know Your Customer (KYC) and customer onboarding processes in order to drive scale and unlock the potential of the sub-sector.
5 Mar 2021
Stakeholders and experts in the technology and insurance sectors of the economy have stressed the need for a policy mandate to make digital identity compulsory as a means of driving insurance growth.
14 Aug 2019
VerifyMe Nigeria, a verification platform that enables seamless, real-time ID verifications backed by the Nigerian Identity Management Commission (NIMC), Bank Verification Number (BVN), and Federal Road Safety Commission....