The Central Bank of Nigeria (CBN) published the final regulatory framework and operational guidelines for Open Banking in Nigeria. We break down what this means, and how everyday consumers and industry players can benefit from innovation in Open Banking
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Open Finance, a next step in the Open Banking principle, is one where users can leverage their financial data footprints (from insurance and mortgages to pensions and investments) to access more innovative and personalized financial services. Open Finance benefits both users and businesses. We break it all down in this article.
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In this piece, we share Mono's role in building infrastructure and tools that leverage Open Banking, to enable businesses and developers to build better financial services for users across Africa.
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This article is the first in a series of short and simple guides that explain what open banking is in plain English, and how it can be used to build the next generation of financial services
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