Getting Started with Open Banking Nigeria future forward APIs.
Security has been designed into the system from
grounds up. There is a strong consideration to use FAPI.
Should be secure, simple, and adaptable.
Privacy is sacrosanct.
Banks to determine who should connect.
Banks would determine what they would charge.
Stakeholders are required to implement metrics that can be interrogated.
Should be easy for customers to understand.
Customers would know exactly what each access to their accounts or information can do.
Seamless enough to be invisible to end-users.
Open Banking API Standard is brought to you by the
Open Technology Foundation, an NGO backed by a
group of industry experts across banking, fintech, risk
management, and more.
Together, we are building a common standard for
Open Banking APIs in Nigeria.
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