- 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.
