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.
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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.

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