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Nigeria Fidelity Bank Imposes Funds Transfer Restrictions on Neobanks Amidst Rising KYC Concerns
Fidelity Bank, a leading Nigerian commercial bank, has taken a significant step by blocking consumer fund transfers to neobanks, including Moniepoint, Kuda, OPay, and PalmPay, due to growing apprehensions surrounding their Know Your Customer (KYC) procedures. This move follows increasing...- Nigeria News
- Article
- 2 min read
- channels tv news fidelity bank kudabank moniepoint opay bank palmpay
- Category: Business
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