Latest Breaking News On - Line card management - Page 1 : comparemela.com

3line s hackathon targets AI integration in Nigeria s financial services

3line s hackathon targets AI integration in Nigeria s financial services
techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.

Femi omogbenigunTeam owoLine card managementIt challenge at covenant universityHack it challengeCovenant universityAgile scrum frameworkCard management

3Line Explains Why it Opted Out of Transaction Switching Business

Oluchi Chibuzor 3Line Card Management Limited, Nigeria’s fintech firm has explained that it opted out of payment transaction switching services because it no longer aligns with its overall business strategy. The explanation followed the revocation of firm’s Switching Services Licence by the Central Bank of Nigeria, due to its inability to meet up with its statutory obligations and conditions of the regulator. In a statement, the company’s Managing Director/Chief Executive Officer, Femi Omogbenigun, disclosed that it had informed the regulatory authority that it was no longer interested in operating the licence. “We actually wrote to CBN earlier this year, requesting that we want to put the licence on hold as we weren’t doing any switching business,” he stated.

Femi omogbenigunOluchi chibuzorLine card managementCentral bankServices licenceCard management limitedSwitching services licenceChief executive officerInterswitch limitedவரி அட்டை மேலாண்மைமைய வங்கிசேவைகள் உரிமம்அட்டை மேலாண்மை வரையறுக்கப்பட்டவைமாறுதல் சேவைகள் உரிமம்தலைமை நிர்வாகி அதிகாரி

CBN revokes licenses of 7 PSPs, 1 switch service provider

By Kadiri Abdulrahman Abuja, Dec. 25, 2020 The Central Bank of Nigeria (CBN) has revoked the licenses of seven Payment Service Providers (PSPs) and one switch service provider, who were unable to meet up with their statutory obligations. An official Gazette, obtained from CBN’s official website stated that the affected PSPs are; Easifuel Limited, Transaction Processing System (TPS), Grand Towers Limited, Paymaster Limited, E-Revenue Gateway Limited, Eartholeum Network Limited and Globasure Limited. The PSP whose switch license was revoked is; 3Line Card Management Limited. The gazette stated that the institutions that their licenses were revoked would cease to operate for a period of six months.

Abuja federal capital territoryKadiri abdulrahmanLine card managementNews agency of nigeriaCentral bankEartholeum networkPayment service providers pspsPayment service providersEasifuel limitedTransaction processing systemGrand towers limitedPaymaster limitedE revenue gateway limitedEartholeum network limitedCard managementNews agency

CBN revokes seven payment service providers licences

CBN revokes seven payment service providers licences
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

Federal republic of nigeriaFederation of nigeriaCollins nwezeGodwin ifeanyi emefieleGodwin emefieleLine card managementLaws of the federation nigeriaCentral bankEartholeum networkGovernor of the central bankPayment serviceOfficial gazetteFederal governmentFederal republicEasifuel limitedTransaction processing system

CBN Revokes Licences of Eight Payment Service Providers

Obinna Chima The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment service providers and one payment switching firm. The affected firms are Easifuel Limited, Transaction Processing System (TPS), Grand Towers Limited, Paymaster Limited, E-Revenue Gateway Limited, Eartholeum Network Limited and Globasure Limited. Also, the payment switch licence of 3Line Card Management Limited was revoked. The CBN, in an official gazette signed by its Governor, Mr. Godwin Emefiele, a copy of which was posted on its website yesterday, said the decision was taken because the seven firms ceased to carry on, in Nigeria, the type of business for which their licences were issued, for a continuous period of six months.

Abuja federal capital territoryFederation of nigeriaObinna chimaMusa jimohGodwin ifeanyi emefieleGodwin emefielePayment solution servicesLine card managementPayment terminal service providersLaws of the federation nigeriaCentral bankGovernor of the central bankPayment system management departmentArticles of association payment service providersEartholeum networkPayment solutions service providers