{
  "id": 6193705,
  "title": "PalmPay steps up security drive amid fraud concerns",
  "url": "https://urgent.news/2026/09/08/palmpay-steps-up-security-drive-amid-fraud-concerns",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T00:00:17.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/palmpay-steps-up-security-drive-amid-fraud-concerns/"
  },
  "original_language": "en",
  "account": "PalmPay, a Nigerian fintech firm licensed by the Central Bank of Nigeria, is intensifying its security initiatives to bolster customer trust in digital banking, amid growing concerns over the safety and reliability of such services. The company, whose customer deposits are insured by the Nigeria Deposit Insurance Corporation, has launched its 'PalmPay Dey For You' campaign, aiming to enhance customer awareness of security tools and reinforce its commitment to protecting users and their funds. PalmPay's Managing Director, Chika Nwosu, emphasized that trust is paramount in banking relationships, requiring customers to be assured that their financial institutions are regulated, secure, dependable, and accessible when needed. The campaign, which includes PalmPay's Security Centre, features such as Location Guard, NightGuard, and other in-app tools that empower users to safeguard their accounts, aligns with the company's philosophy of security by design.",
  "summary": "PalmPay launches a new security campaign to strengthen customer confidence in digital banking, focusing on fraud awareness and account protection. Read More: https://punchng.com/palmpay-steps-up-security-drive-amid-fraud-concerns/",
  "key_points": [
    "PalmPay launches 'PalmPay Dey For You' campaign to boost security awareness.",
    "Security Centre features Location Guard, NightGuard, and other tools.",
    "Company's Managing Director stresses trust in regulated, secure banking."
  ],
  "editors_take": "PalmPay's enhanced security drive and customer awareness campaign signal a bid to strengthen trust in digital banking, addressing concerns over safety and reliability in the fintech sector.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "PalmPay steps up security drive amid fraud concerns",
        "url": "https://urgent.news/2026/09/08/palmpay-steps-up-security-drive-amid-fraud-concerns-6196699",
        "published": "2026-09-08T00:00:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}