
Central Bank of Nigeria
Implementation of Two-Factor Authentication for Internal Banking Processes
- Author
- Central Bank of Nigeria
- Reference No.
- BPS/DIR/GEN/CIR/06/001
- Year
- 2015
- Pages
- 2 pages
This circular directs all deposit money banks to implement maker-checker controls for payment platforms and maintenance activities, introduce two-factor authentication for specified banking applications, and deploy fraud-monitoring tools for payment gateways and third-party processors. It sets implementation deadlines, requires submission of an implementation plan, and…