Bankit boosts security with new verification system

Bankit, a leading Nigerian digital bank and fintech platform driving financial inclusion has unveiled an advanced device-verification system that strengthens account protection by requiring users to verify any new or unrecognized device before logging in. This new security feature underscores Bankit’s commitment to providing Nigerians with the most trusted, secure, and transparent digital banking experience, […]

Bankit, a leading Nigerian digital bank and fintech platform driving financial inclusion has unveiled an advanced device-verification system that strengthens account protection by requiring users to verify any new or unrecognized device before logging in.

This new security feature underscores Bankit’s commitment to providing Nigerians with the most trusted, secure, and transparent digital banking experience, ensuring that customers can transact with confidence in the country’s fast-evolving digital payments landscape.

“As Nigeria’s trusted digital banking partner, security sits at the core of our mission,” said Temidayo Ajisebutu, Product Strategist at Bankit.

“Introducing verification for unrecognized devices ensures that only rightful owners access their Bankit accounts. We are committed to building one of the most secure and reliable digital banking platforms in Africa,” he said.

Ajisebutu stated that with the new system, users maintain full control of their accounts. A secure multi-factor verification code is required before access is granted from a new device, while unauthorized login attempts are automatically blocked. Even if a device is lost or compromised, customers’ wallets remain protected.

This upgrade adds another layer to Bankit’s existing bank-grade security infrastructure, which includes advanced encryption and real-time fraud monitoring, NDIC-compliant deposit protection, Biometric login support, and super fast and unlimited free transfers

“As cyber threats rise globally, Bankit continues to invest in world-class security systems that protect users’ funds and personal data.

“Our goal is to make digital banking both simple and safe for everyone from students and SMEs to traders and digital entrepreneurs,” he added.