'Financial Inclusion Initiative Will Drive Open Banking'

According to her, open banking sets the standard for connectivity between Banks, FinTechs and the bank customers.
Momoh advised the CBN to continue to prioritise its financial inclusion strategies that would on-board new customers into the financial space, assuring that open banking operations will drive connectivity through certain Application Programming Interface (APIs), that are provided by Mastercard to enable financial transactions a lot easier and safer.
Momoh who shared her views with THISDAY, during a recent webinar said: “The bottom line is that financial inclusion must be prioritized in order to connect everyone to the digital economy that will help drive open banking operations in Nigeria.

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