Open Banking Blog

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

July 23 2024

Credit is not just a financial tool; it's the lifeblood of a thriving economy. No nation can truly prosper or expand without the support of a robust credit system. Financial services often find their footing and thrive when credit is...

June 30 2024

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

March 31 2024

We hosted an industry event with major stakeholders who delved deeper into the technologies and use cases for open banking in Nigeria....

March 10 2024

We are steering the industry toward a future defined by innovation, collaboration, and unprecedented possibilities....

October 3 2023

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...

July 31 2023

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....

June 26 2023

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)....

January 31 2023

Lendsqr, an LaaS firm needs open banking made available in Nigeria to help its lenders scale and digitize their business, effectively....

November 28 2022

A major challenge experienced by both SMEs, MSMEs and large businesses is determining how best to manage their money gotten from sales or other operations. The reality is that many businesses leave money on the table by letting funds sit...

October 11 2022

by Victor Aboh Have you ever thought to yourself, “if only I could get this piece of data from a certain financial institution, I would make an application that solves a pressing customer issue”? Then, Open banking is here for...

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