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Open Banking: 4 steps banks and fintechs can adopt in mitigating risks of data leakage

With millions of customers, banks and other fintechs hold a ton of customer data that they use to make all sorts of decisions. They collect …

Central Bank of Nigeria's logo is seen on the headquarters building in Abuja

CBN’s regulatory framework on open banking in Nigeria; What next?

In March 2018, the Central Bank of Nigeria talked about its interest in an Open Banking system, which will open up the financial system and …

OPEN BANKING AS A KEY DRIVER FOR FINANCIAL INCLUSION

Opening the door to financial inclusion in Nigeria. On Wednesday, 24th of February, 2021, Open Banking Nigeria held a conference to discuss the theme “Open …

Kuda Bank, Rubies join Open Banking Nigeria

Kuda Bank and Rubies, two of Nigeria’s foremost challenger banks, have become the latest stakeholders in Nigeria’s financial services ecosystem to join Open Banking Nigeria, …

Consumer Savings Application (An Open Banking Use Case)

by Adedeji Olowe and Khadija Abu Introduction Nigerians have increased the amount of money they save over the last 3 years. This, however, has not …

FCMB joins Open Banking Nigeria

…reinforces commitment to innovation and customer satisfaction First City Monument Bank (FCMB), one of Nigeria’s leading financial institutions, is now a member of Open Banking Nigeria, …

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