LAGOS – Nigerian banks under the
auspices of the bankers committee
will soon commence a bio-metric
data capture for all customers
in the banking sector.

Managing Director of the Nigerian
Deposit Insurance Corporation,
NDIC, Mr. Umaru Ibrahim, disclosed
this yesterday at the ongoing
seminar for finance journalists in
Dutse, Jigawa state capital.

According to Ibrahim, the banks are
in arrangement to have such a
system that will capture the data of
all bank customers in the country.

He said the national data system
had not been forthcoming and that
banks have decided not to continue
to wait for the purported national
data system by the National
Identity Management, but to go
ahead with their own data.

He said the banks are considering
going into partnership with Pension
Fund Operators, PFAs, because
they have a similar system in the
pension sector.

The banks, according to him, were
advised to partner with the PFAs so
as not to waste resources and
because it will help the banking
system.

Ibrahim said that an initiative to
promote financial inclusion in
Nigeria is the cashless
policy designed to bring low-cost,
secure and convenient financial
services to urban, semi-urban and
rural areas across the country.



Sources: http://www.vanguardngr.com/2012/11/banks-to-commence-bio-metric-data-capture-for-customers/

What other data do they want?
Date of birth, address, occupation and the likes are no longer enough?