June 30 2024
March 25 2025
Every year, businesses lose billions to a problem that shouldn’t exist. Customers don’t cancel their subscriptions, their payments do. A card expires. A bank flags a transaction as fraud. A Direct Debit fails because there aren’t enough funds that day....
March 21 2025
February 28 2025
John needs to sign up for a new budgeting app. Instead of creating yet another password, he sees an option to log in with Google. He clicks it, Google verifies his identity, and within seconds, he has access. No new...
January 31 2025
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% have access to formal credit. In 2016, the Central Bank of Nigeria established the National Collateral Registry to enhance...
January 30 2025
January 2 2025
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 Nigerians still face persistent barriers: transaction failures, delays in receiving one-time passwords (OTPs), and security...
December 31 2024
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 to tell you what it really means. Is it APIs? Fancy fintech dashboards? Or is...
December 31 2024
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 electricity. Now, hold that thought and ask yourself: why is it that in a country...
November 30 2024
November 30 2024
Open Banking has been hailed as the future of financial services globally. The idea is simple: consumers should own their financial data and have the right to share it with whomever they choose, securely and seamlessly. Yet, as open banking...
March 21 2025
Open Banking Nigeria (Open Technology Foundation) is a non-profit backed by a group of industry experts across banking, fintech, risk management, and more to drive and launch the open banking standard in Nigeria.
