March 19 2019
To chart a new course for the financial services industry in Nigeria and the African continent, Sterling Bank Plc, one of Nigeria’s forward-looking financial institutions, has formally committed to the development of the Application Programming Interface (API) standard for financial...
December 28 2018
As moves to establish open banking API standards in Nigeria intensifies, PwC Nigeria, Heritage Bank, and Global Accelerex have joined the list of companies who are currently supporting Open Banking Nigeria (OBN). In separate announcements, the companies have pledged their...
August 2 2018
Mobile technology company, Africa’s Talking, has joined the league of technology companies partnering with Open Banking Nigeria in the development of Open APIs for the Nigerian financial industry. Africa’s Talking provides communication APIs for SMS, USSD, voice, etc. to help...
June 24 2018
As the effort to establish open banking API standards in Nigeria intensifies, Open Vector, one of the world’s most competent Open API consulting companies, has released a detailed report on Open Banking Nigeria. The report written by Open Vector for...
June 24 2018
Abstract This study, commissioned by open Banking Nigeria (OBN) analyses the current situation in Nigeria with respect to open banking and what might be learned from other open banking initiatives notably in the UK and Europe. The key finding is...
June 17 2018
Citi is gearing up to become the first corporate bank to enroll as a Payment Initiation Service Provider (PISP) with UK Open Banking Directory. According to news sources, CitiBank will join UK’s Open Banking framework to provide an aggregated...
June 17 2018
Leading Open Banking platform provider Token.io Limited has made history by becoming the first licensed Payment Initiation Service Provider (PISP) to conduct an end-to-end payment through a public bank API. As a result, millions of customers are set to benefit...
April 29 2018
As the banking system moves to deliver quality services to consumers in the 21st century driven by new technological advancements, the Central Bank of Nigeria (CBN) has declared its interest in Open Banking System which grants bank customers easy access...
April 26 2018
As part of a global alliance, Open Banking Nigeria has entered a strategic alliance with Open Vector to jointly develop the Open Banking Nigeria API standards. Open Vector is a strategic change advisory firm specializing in providing Open Banking consulting...
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.
