BankingBusinessFinTech

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

  • 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.
Previous article
Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings
Next article
MAS’ Project Guardian: Swift, UBS, and Chainlink Achieve Tokenized Fund Settlement Pilot
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Fed Accelerates FedNow Development for Cross-Border Payments

New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to...
FinTech

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...
FinTech

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...
FinTech

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...