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Headline : Wema Bank Takes Action Against Fintech Partners Amidst N685 Million Loss

Read more from the original article on here at www.techcityng.com.





Tags : #wema #bank #takes #action #against #fintech #partners #amidst #n685 #million #loss


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Wema Bank is taking a strong stance against financial crime following significant losses of N685 million, due to fraudulent activities in 2023.

In recent actions to combat fraud, the Nigerian bank recently suspended seven fintech partners from its payment gateway platform following a surge in fraudulent transactions linked to their wallet accounts.

Read more from the original article on here at www.techcityng.com.


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