Discover how OBN’s open-source API gateway is simplifying financial data sharing, driving innovation, and opening doors for banks and fintechs to deliver better services while fostering financial inclusion.
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Why Open Banking Nigeria built an open-source gateway for the industry
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Important regulations for open banking in Nigeria
Let’s walk you through the specific open banking regulations in place, their implications, and how they ensure a secure environment for all stakeholders.
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Which banks and fintech companies would be open banking users in Nigeria?
Although everyone is allowed, there are strict requirements around regulatory compliance, data security, and technical readiness for open banking users.
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The roles of CBN with Open Banking in Nigeria
Open banking in Nigeria is a collaborative effort, and the combined efforts of the CBN, NIBSS, banks, and fintech companies will give people more control over their money.
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Technologies and use cases for Open Banking in Nigeria
We hosted an industry event with major stakeholders who delved deeper into the technologies and use cases for open banking in Nigeria.
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How Open Banking in Nigeria will work in 2024
We are steering the industry toward a future defined by innovation, collaboration, and unprecedented possibilities.
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The potential impact of open banking on the growth of fintechs in Africa
However, despite the inherent benefits of operating an open banking system, there are concerns about the security and privacy of customers’ financial information within the system. This is one of the main challenges with the adoption of open banking in Nigeria. Consequently, it is important that regulations are in place to protect the data of …
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4 innovations driven by regulations surrounding Open Banking
Nigeria is undoubtedly in the lead with its open banking initiatives among African countries and other developing countries. Kudos to CBN!
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