July 11 2021
A couple of years ago, every Nigerian household made the monthly trip to the bank or electricity provider company, cash in hand, with their bill slip and means of identification to pay their electric bills. It was a similar story...
May 30 2021
Open banking represents a shift – a movement from closed models to open systems that promote optimal value for both end-users and businesses alike. The ecosystem is fueled by seamless exchange of data based on customer consent, nevertheless in a...
August 30 2020
by Ope Adeoye, Brendan Playford and Oge Okonkwo Introduction Nigeria has a huge credit gap, with lenders and borrowers facing a number of challenges which hinder the ease of providing and accessing credit. This credit gap has contributed to curbing...
June 24 2020
TrueLayer, the leading provider of financial APIs, has joined Open Banking Nigeria, the industry-formed advocacy group driving the adoption of open banking in Nigeria, to develop the open Application Programming Interfaces (API) standards for the Nigerian financial industry. This partnership,...
March 25 2018
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,...
March 11 2018
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...
January 30 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.
