Nigerian Banks to Install Anti-Scheming Devices on ATMs

The chairman of Nigeria’s Committee of e-Banking Industry Heads (CeBIH) Chuks Iku has announced all banks in Nigeria are taking steps to install anti-scheming devices on their ATMs nationwide, in order to protect them against fraud.

“For us as an industry, what we agreed to do is that all banks should have anti-scheming device on their ATMs and that will be effective June this year,” Iku said.

“The anti-scheming device will also protect foreigners who come to Nigeria from fraudulent ATM machines when they come to Nigeria and use their cards. The anti-scheming device also ensures that we comply with global best practice.”

On the recent Microsoft’s discontinuation of technical support for Windows XP, he said CeBIH on behalf of Nigerian banks is currently discussing with Microsoft seeking extension of technical support for the operating system.

“The migration is from Windows XP to Windows 8. Microsoft is the owner of the licence and this is why we are working with Microsoft in terms of ensuring that we comply,” he said.

“What we are doing now at the CeBiH is to ensure compliance, working directly with Microsoft. Different banks have different ways of approaching the matter.

“The ATMs are still working. They are not going to go down. But all we are trying to do is to enhance the features of the ATMs in terms of the migration. There is really no cause for alarm but the important thing is that we should do it quickly.”

originally published on Human IPO.

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