Banks set up fund to fight e-fraud

The Deposit Money Banks in the country have set up a multimillion-naira fund to fight scammers as the banking sector continues to record rising cases of electronic fraud.

Part of the funds will be deployed in massive anti-fraud campaigns to expose the tricks of e-fraudsters beginning January 2018.

The Chairman, Committee of Electronic Banking Industry Heads, the umbrella body for the heads of e-banking in all the commercial banks in the country, Mr. Dele Adeyinka, made the disclosure in an exclusive interview with PUNCH correspondent on Tuesday.

PUNCH, December 27, 2017

 

 

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