- UK-based regtech Konsentus has been selected by the Bank of Namibia to establish API guidelines as part of Namibia’s open banking initiative.
- This project includes setting data-sharing standards, creating consumer education campaigns, and developing strategies for adoption, all aligned with Namibia’s National Payment System’s 2025 vision for financial modernization.
- Konsentus consultant John Broxis emphasizes that this groundwork will support future shifts to open finance and open data, positioning Namibia for inclusive financial growth.
Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia
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