Open Banking Archives - Page 2 of 7

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...

3 ways credit needs Open Banking in Nigeria

July 23 2024

Thought leadership

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...

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...

Technologies and use cases for Open Banking in Nigeria

March 31 2024

News

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

How Open Banking in Nigeria will work in 2024

March 10 2024

News

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

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)....

The future of Lendsqr depends on open banking

January 31 2023

Thought leadership

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

Open Banking Blog

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

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

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

3 ways credit needs Open Banking in Nigeria

Frequently Asked Questions about Open Banking

Technologies and use cases for Open Banking in Nigeria

How Open Banking in Nigeria will work in 2024

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)

The future of Lendsqr depends on open banking

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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

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