Steps to kick-start Open Banking in Australia has begun with the publication of a final Government report along with a draft legislation to authorize comprehensive credit reporting. The Government report into Open Banking which was commissioned in July 2017, makes 50 recommendations, on the regulatory framework, the type of banking data in scope, privacy and …
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Australia: Open Banking ready to be implemented by Government
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Open Banking Nigeria: Fintech stakeholders collaborate to drive digital banking
A group of top industry professionals and Fintech companies in Nigeria have established Open Banking Nigeria with the goals to promote, develop and implement a common standard for Application Programming Interfaces (APIs) across the financial and payment space in the country. Its establishment follows the global innovation trend of granting customer easy access to their data and …
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