Open Banking Nigeria Archives - Page 3 of 9

Critical stakeholders in the Nigerian open banking journey

August 30 2024

Information, Thought leadership

Nigeria embarked on its Open Banking journey in 2017, spearheaded by a coalition of industry stakeholders advocating for greater innovation and inclusion. This mirrored the United Kingdom’s pioneering efforts under GDPR and the Second Payment Services Directive (PSD2), which sought...

Which banks and fintech companies would be open banking users in Nigeria?

August 27 2024

Information

Although everyone is allowed, there are strict requirements around regulatory compliance, data security, and technical readiness for open banking users....

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....

Unlocking Opportunities: Open Banking and Artificial Intelligence (AI) in Nigeria

August 12 2024

Thought leadership

Open Banking and Artificial Intelligence are more connected than might be guessed at the surface. Startups, Prosaic and Abound, have raised over $500 million on the premise that they can improve customer outcomes by combining these technologies. But how can...

Frequently Asked Questions about Open Banking

June 30 2024

Information, News, Thought leadership

The OBN team answers some of the most popularly asked questions about Open Banking in Nigeria...

Hello Nigeria! – Rolling out Open Banking Capabilities

May 2 2024

Partner Spotlight, Thought leadership

Hello Nigeria! - Rolling out Open Banking Capabilities (A KPMG Article)...

How Charities and NGOs can benefit from Open Banking

November 3 2023

Thought leadership

How Charities and NGOs can benefit from Open Banking...

Mono can redefine its open banking with open banking!

October 3 2023

Partner Spotlight, Thought leadership

Open banking serves as a remedy to this predicament and saves financial service providers like Mono from the headache of even considering embarking on this herculean task. The implementation of open banking standards mandates banks to provide statement and other...

The Role of Fintechs in Nigeria’s Open Banking Ecosystem

July 31 2023

Thought leadership

With over 250 Fintechs in Nigeria, it is clear that Open Banking can serve the strategic objectives of many sub-verticals ranging from Lending to Personal Finance and from Agritech to Digital Insurance. Learn more here....

Open Banking in Action via APIs (What next: Part 3 of 3)

June 26 2023

Progress Updates, Thought leadership

Open banking has revolutionized the financial services industry by promoting transparency, competition, and innovation. At the heart of this transformation lies the efficient flow of data and services through Application Programming Interfaces (APIs)....

Open Banking Blog

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

Critical stakeholders in the Nigerian open banking journey

Which banks and fintech companies would be open banking users in Nigeria?

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

Unlocking Opportunities: Open Banking and Artificial Intelligence (AI) in Nigeria

Frequently Asked Questions about Open Banking

Hello Nigeria! – Rolling out Open Banking Capabilities

How Charities and NGOs can benefit from Open Banking

Mono can redefine its open banking with open banking!

The Role of Fintechs in Nigeria’s Open Banking Ecosystem

Open Banking in Action via APIs (What next: Part 3 of 3)

Read this next

What Open Banking success should look like in Nigeria

What happens to your data with Open Banking

CBN’s Open Banking Approval: 3 Things Banks and Fintechs Should Be Doing Now

Subscribe to our newsletter

About

Resources

Directory

Contact