Nigeria is the first African country to approve Open Banking implementation
This is absolutely amazing!
We hope CBN is going to be hard on regulation!
Serious regulation to avoid any forms of abuse.
Thank you for the information.
The lending usecase of customers’ data is what I am looking forward too. Hopefully, this also makes direct debit easier and brings a replacement for GSI that mfbs have not been able to use to recover funds from their borrowers.
This is absolutely amazing!
We hope CBN is going to be hard on regulation!
Serious regulation to avoid any forms of abuse.
Thank you for the information.
The lending usecase of customers’ data is what I am looking forward too. Hopefully, this also makes direct debit easier and brings a replacement for GSI that mfbs have not been able to use to recover funds from their borrowers.