Description
Abstract The Bank Verification Number (BVN) became imperative following the increasing incidence of compromise on conventional security systems such as password and Personal Identification Number (PIN) of customers. The BVN involves identifying an individual based on physiological or behavioral attributes, such as fingerprint, signatures, and others. The customers unique BVN is accepted as a means of identification across all banks system. On the basis of introducing the concepts of Bank Verification Number system, this project work illustrates the role that the BVN plays in Nigerian banks and transactions being carried out. This research work also analyses the existing mode of operation in the banking industry including the need to implement our newly designed Transaction Monitoring System using Bank Verification Number system using Visual Basic as the programming language..
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