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

Kraken Parent Acquires Bitnomial for $550M, Strengthening Crypto Offerings

This acquisition marks a significant expansion into derivatives trading.Highlights: Kraken's parent company announces $550M acquisition of Bitnomial.Bitnomial is...
FinTech

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...
FinTech

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...
FinTech

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...