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Inlaks, Fiorano host Industry players to Open Banking for Growth in Nigeria

Inlaks, Fiorano host Industry players to Open Banking for Growth in Nigeria

Inlaks, and Fiorano, a company specializing in software API management, microservices and hybrid integration, recently hosted an Open Banking Forum in Lagos. The event was themed: ‘Open Banking for Growth in Nigeria’ and took place against the backdrop of the Central Bank of Nigeria’s (CBN) issuance of a guideline and operational framework on Open Banking earlier in the year. This framework indicates that banks no longer exclusively control the channels through which customers purchase and consume financial services.

The Open Banking Forum gathered C-suite representatives from Commercial, Merchant, and Microfinance banks as well as other financial stakeholders. It aimed to explore the opportunities of Open Banking and discuss practical monetization techniques.

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