Here are last weekend’s top headlines on startups,
entrepreneurship, innovation and tech around Africa.
No more PINs? This should be interesting.
The Central Bank of
Nigeria (CBN) is reportedly planning to replace ATM PINs with
biometric IDs (fingerprints, perhaps iris scans?) because
apparently, too many “illiterate people” are posing a security
risk by giving out their PINs to third parties.
This might be a welcome development but coming at this time, I won't say it is, government must have put in place a scheme ID for every Nigeria.
Or better yet, use the BVN of every one that has an account in Nigeria, or urge the people to go and get national ID, then use that to work his biometric stuff out
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