“Nigeria’s API-based open banking initiatives offer a model for Africa”

CIO | March 15, 2021

Prabaldeep Paul, our head of strategy research, is featured in CIO.com in a story on guarding the open banking ecosystem in Nigeria.

Extract from the article: “A secure governance framework managing consent approval is the fundamental tenet for safeguarding abuse of customer data…Periodic assessments of third parties' security capabilities, along with close to real-time monitoring, will be critical in this new ecosystem…

…But if it is well-implemented, open banking is a plus for the financial sector, giving banks a stream of income beyond deposits, and also improves customer experience through personalized products and services.”

Latest News

Global Finance
Nikkei Asia
Inflation, supply chain disruptions dampen Asian stocks

Read More
Aerotime Hub
EXCLUSIVE | Airport operators anticipate better times

Read More
Funds Europe
Regulation: What is the Corporate Sustainability Reporting Directive?

Read More
Global Banking Finance
How Technology is Answering the ESG Data Demands of Investment Analysts

Read More
National Mortgage News
The mortgage staffing outlook by loan channel and lender type

Read More