Tag
OPEN BANKING
In this interview with Nairametrics, the Mono CEO speaks on the potential of open banking in Africa and the expectations as the Central Bank of Nigeria (CBN) plans to launch open banking in August.
The Central Bank of Nigeria (CBN) has warned Nigerian banks and fintechs to be wary of cybersecurity risks as they move into open banking.
The Central Bank of Nigeria (CBN) has outlined key initiatives for 2025 aimed at advancing the country's financial services sector.
The Founder and Chief Executive Officer of Sparkle, a Nigerian digital bank, Mr. Dozie Uzoma, has said that Nigeria is poised to lead other African countries in open banking as preparations hit top gear for the take-off of the new banking system.
As a result of the CBN's new regulation, open banking recognises the ownership and control of data by customers of financial and non-financial services...
The CBN has issued a regulatory framework for Open Banking in Nigeria in its efforts to enhance data sharing across the banking and payments system.
Banks should consider ending their singular dependence on a retail banking strategy and instead return to the wholesale strategy they abandoned years ago.
Through Open Banking regulations, FinTechs can now help you to view all your bank accounts in one central location.