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Does Nigeria need OCEN to boost credit?

January 31, 2025 Thought Leadership

In a nation where over 41 million Micro, Small, and Medium Enterprises (MSMEs) contribute nearly half of the GDP, it’s perplexing that less than 11% ...

Pros and cons of Nigeria’s adoption of ISO 20022 for Open Banking Nigeria

January 30, 2025 information

This article examines the benefits and challenges of adopting ISO 20022 for open banking in Nigeria. It weighs the potential of this standard to transform ...

How “Pay with Bank” will work with open banking in Nigeria

January 2, 2025 information

Nigeria’s digital payment ecosystem is at a crossroads. While digital payment adoption is growing, with over 60% of the population engaging in online transactions, many ...

Are Mono and Stitch truly open banking?

December 31, 2024 information

Open banking. The buzzword that has everyone nodding in agreement, but if you stop the average person on the street—or even in the boardroom—they’d struggle ...

What’s OCEN and could it work with open banking in Nigeria?

December 31, 2024 information

Imagine a world where access to credit isn’t just a privilege for the fortunate few but a foundational layer of everyday life—like clean water or ...

7 ways the new US Open Banking regulation outshines the UK’s

November 30, 2024 Around the World

While countries around the world are adopting open banking in their unique ways, the UK and the US stand out as leaders with very different ...