Our company recently announced a landmark achievement of surpassing one million registrants in the Central Bank of Nigeria (CBN) and Bankers Committee sponsored Bank Verification Number (BVN) project.
The financial sector biometric project is being implemented by Chams Plc in partnership with Dermalog Identification Systems, a global bio-payments firm. Bank customers who have registered for the Bank Verification Number will be identified by the unique number and will have improved access to a range of secure, convenient and high quality financial products and services such as savings, credit, insurance, payments and pension, which were earlier difficult without a proper identification and verification process.
In addition to improving access to financial services, the BVN project is expected to create a central and standardized identity database with supporting infrastructure for customers in Nigeria’s fast growing financial market.
Members of the BVN Project team