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 utter madness. It’s a very long read, be warned! **************************************** Good evening everyone, At one …
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Open Banking Nigeria: Transforming Payments in Nigeria with Open APIs
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Open Banking Nigeria: Organisation officially launches API Standards with Banks and Fintechs
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, design or implementation of Open Banking. Open Banking is an initiative designed to enhance and …
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Open Banking Nigeria: Kinexus, Paystack, Wallet.ng Endorse, Adopt API Standards
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 transformation of financial services in Nigeria. This was one of the revelations as the payment …
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Open Banking: Open Technology Foundation launches free APIs to make banking easier
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 APIs in Nigeria, is to be adopted as a standard for the Nigerian financial industry …
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TeamApt Partners with Open Banking Nigeria, Adopts Standard for Digital Banking
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 model for underserved markets, revenue growth, and customer satisfaction. This announcement was made by TeamApt …
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Open Banking Nigeria: Fintech stakeholders collaborate to drive digital banking
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 country. Its establishment follows the global innovation trend of granting customer easy access to their data and …
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