The State Bank of Pakistan (SBP) has opened applications and announced the themes for the first cohort of a new regulatory sandbox. Sandboxes are (virtual) spaces for projects to experiment with new technology, under relaxed regulatory conditions, while providing regulators with insights to adapt existing rules or create new frameworks to accommodate such innovations. SBP’s […]|
At the center of the open banking shift is the API standard, which dictates how institutions should share data in a structured and secure way.| Open Banking Nigeria
This article examines the benefits and challenges of adopting ISO 20022 for open banking in Nigeria. It weighs the potential of this standard to transform financial services against the practical hurdles it presents.| Open Banking Nigeria
Standards provide a foundational layer for advancing payment security, efficiency and accessibility. Learn more about setting and adopting industry standards.| FedPayments Improvement