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Open Banking Blog

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

Nigeria will use BVN for open banking consent management, is it a good move?

August 26 2024

  • Uncategorized
In Nigeria, the Open Banking Consent Management System (OBCMS) is the technological platform from which this consent is given. Uniquely, the OBCMS uses the Bank Verification Number (BVN) to verify end-user identities when they grant consent....
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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.

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