Nigeria's government has confirmed it will link national ID cards to a biometrics-backed banking ID number created to prevent fraud.The Managing Director of the Nigerian Interbank Settlement System (NIBSS), Ade Shonubi, disclosed the plan at a workshop for financial journalists organised by the Nigeria Deposit Insurance Corporation (NDIC) in Ilorin, yesterday.Shonubi, who was represented by the Chief Risk Officer, NIBSS, Mr. Osioke Ojior, spoke on “Managing Risks of e-Banking.”He said the move would further strengthen efficiency in Nigeria's payment system.According to the NIBSS boss, the objective of the BVN is to use biometric information as a means of first identifying and verifying all individuals that have account(s) in any Nigerian bank and consequently, as a means of authenticating customer's identity at the point of transactions.The BVN scheme was launched in 2014. Shonubi noted that the benefits of the BVN project include credit check, know-your-customer, fraud management and transaction authentication. However, he listed categories of risks in the payment system to include strategic, preventable and external.As of September, over 20 million customers had been enrolled by banks in the ongoing government biometrics initiative that links unique identity records with banking systems.Dermalog built the Automated Fingerprint Identification Systems (AFIS), and Automatic Biometric Identification System (ABIS) for Nigeria's Bank Verification Number (BVN) project. Customers receive a bank verification number with which all of their transactions can be completed securely and reliably via fingerprint.