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, design or implementation of Open Banking. Open Banking is an initiative designed to enhance and …
More-
Open Banking Nigeria: Organisation officially launches API Standards with Banks and Fintechs
-
Open Banking Nigeria: Kinexus, Paystack, Wallet.ng Endorse, Adopt API Standards
As Open Banking practices gain prominence in the global financial services industry, Kinexus, Paystack, and Wallet.ng, four of Nigeria’s most innovative Fintechs, have separately announced their intention to support and adopt Open Banking Application Programming Interface (API) standards for the transformation of financial services in Nigeria. This was one of the revelations as the payment …
More -
Open Banking: Open Technology Foundation launches free APIs to make banking easier
The Open Technology Foundation, a not-for-profit organization, has launched Open Banking Nigeria open source APIs, in a bid to drive innovation and choice for all parties within the financial industry. The APIs, which are the first set of free banking APIs in Nigeria, is to be adopted as a standard for the Nigerian financial industry …
More -
TeamApt Partners with Open Banking Nigeria, Adopts Standard for Digital Banking
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 model for underserved markets, revenue growth, and customer satisfaction. This announcement was made by TeamApt …
More
