Tech Spend Helps Four Banks Block N14.5 Billion in Potential Fraud Losses

#11 · May 14, 2026, 5:37 pm

The ‘cyber-threat budget’ of 45% is massive. This shows that banking is now a ‘tech business’ with a vault.

#12 · May 14, 2026, 5:55 pm

Why are we still paying ‘Account Maintenance Fees’ if the AI is doing all the work?

#13 · May 14, 2026, 6:19 pm

Social engineering is the real threat. No AI can stop a customer from ‘voluntarily’ giving out their OTP to a scammer.

#14 · May 16, 2026, 2:40 am

Biometric verification should be mandatory for all transactions above N500,000. PINs are too easy to steal.

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