Daily Archives: June 6, 2020

  • Open Banking and competition in Nigeria’s banking ecosystem

    by Simon Aderinlola and Adedeji Olowe Introduction The concept of Open Banking is emerging globally as the potential future of the banking industry. Open banking refers to how financial institutions and third-party providers (FinTechs, InsurTechs, Lifestyle service providers, Retail companies, Telcos, Energy companies etc.) leverage open Application Programming Interfaces (APIs) to share data in a …

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