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How “Pay with Bank” will work with open banking in Nigeria

January 2, 2025 information

Nigeria’s digital payment ecosystem is at a crossroads. While digital payment adoption is growing, with over 60% of the population engaging in online transactions, many ...

Are Mono and Stitch truly open banking?

December 31, 2024 information

Open banking. The buzzword that has everyone nodding in agreement, but if you stop the average person on the street—or even in the boardroom—they’d struggle ...

What’s OCEN and could it work with open banking in Nigeria?

December 31, 2024 information

Imagine a world where access to credit isn’t just a privilege for the fortunate few but a foundational layer of everyday life—like clean water or ...

7 ways the new US Open Banking regulation outshines the UK’s

November 30, 2024 Around the World

While countries around the world are adopting open banking in their unique ways, the UK and the US stand out as leaders with very different ...

4 things that the US open banking regulation should have copied from open banking Nigeria

November 30, 2024 Around the World

Open Banking has been hailed as the future of financial services globally. The idea is simple: consumers should own their financial data and have the ...

The role of NIBSS in open banking

November 30, 2024 information

One could say NIBSS was built for this pivotal moment in Nigeria’s financial history. Back in 1993, the Central Bank of Nigeria and the Bankers’ ...