Open Banking Blog

Stories, insights, and advice that will transform banking and finance for good

April 8 2018

Managing Partner, Blue Advisory, Opeyemi Ndukwe has described opportunities that abound with open banking platform as prospects that its end cannot be quantified now. Ndukwe who was at the launch of the platform in Lagos said that open banking is...

April 8 2018

by Adedeji Olowe This is the email that birthed Open Banking Nigeria; just 2 minutes to midnight on June 1, 2017. Sent to those unfortunate to be my friends and so, are subject to never-ending streams of half-baked ideas and...

March 25 2018

The concept of Open Banking has been gathering waves over the years but reached a watershed with the pronouncement of the PSD2. Beyond Europe, countries such as Australia, Hong Kong, United Kingdom, and Nigeria are at various stages of review,...

March 25 2018

As Open Banking practices gain prominence in the global financial services industry, Kinexus, Paystack, and Wallet.ng, four of Nigeria’s most innovative Fintechs, have separately announced their intention to support and adopt Open Banking Application Programming Interface (API) standards for the...

March 11 2018

The Open Technology Foundation, a not-for-profit organization, has launched Open Banking Nigeria open source APIs, in a bid to drive innovation and choice for all parties within the financial industry. The APIs, which are the first set of free banking...

March 11 2018

TeamApt, a leading financial technology firm, has announced its collaboration with Open Banking Nigeria, a non-profit founded by banking and financial technology industry veterans, to introduce open non-partisan Application Programming Interfaces (API) into its system, for enhanced service offerings, sustainable...

March 6 2018

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...

March 6 2018

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...

March 5 2018

An innovation agency in the UK, Nesta has rolled out £2 million in an “Open Up Challenge’ aimed at encouraging participation and nurturing the evolving open banking ecosystem. The Open Up Challenge is a global research initiative for organizations who...

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