Chams Plc Records Milestone Achievement In BVN Project

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.

L-R: Group Managing Director, Chams Plc, Mr. Demola Aladekomo presenting a congratulatory plaque to the Managing Director, Nigeria Interbank Settlement Scheme (NIBSS), Mr. Adebisi Shonubi during a courtesy visit to NIBSS office

L-R: Group Managing Director, Chams Plc, Mr. Demola Aladekomo presenting a congratulatory plaque to the Managing Director, Nigeria Interbank Settlement Scheme (NIBSS), Mr. Adebisi Shonubi during a courtesy visit to NIBSS office

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.

‘We Need To Look Beyond Wiretapping and CCTV To Curb Terrorism’ – Mr. Femi Williams

Our Deputy Managing Director, Mr. Femi Williams recently spoke to Thisday newspaper on vital challenges facing the Nigerian technology sector and the impact on the economy.

See excerpts from the interview below. 

How is Chams maximizing opportunities in the local market with affiliations to global leaders like Datacard, Dermalog, Bitel and Iguard?

One of our core values at Chams is innovation, and it has been at the core of our business practice. We do not merely transplant solutions from the developed market rather we work collaboratively with global market leaders to develop innovative solutions for the Nigerian Market.

For instance, we are presently working with Datacard, the world’s leading provider of secure identity and card personalization solutions, to deliver instant issuance of payments cards in the Nigerian market to banks. Same for our on-going project with Dermalog on the Biometric Matching Solution for the banking industry as initiated by the Central Bank of Nigeria (CBN) and Banker’s Committee, with the support of NIBSS. In the PoS and Access Control markets in which Bitel and Iguard are market leaders, we are also working in a similar manner.