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Posts Tagged ‘open banking’

Open Banking: A Perfect Storm for Security and Privacy?

03
May
2023

Open banking was born in the EU, flourished in the UK, and is now spreading around the globe – including the US. Since this is fintech it is, and will continue to be, highly targeted by criminal actors. There are two fundamental government approaches to this market: regulation or market forces. Europe has a penchant […]

Category Application securitySecurity Written by Securityweek 0 Comments

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Steps CIOs should take to protect customer data in Nigeria’s open banking systems

05
Aug
2022

Due to Nigeria’s fintech boom borne out of its open banking framework, the Central Bank of Nigeria (CBN) has published a much-awaited regulation draft to govern open banking procedures. And at its core is the need to secure customer data through a robust set of requirements. The regulations streamline how entities who handle customer banking […]

Category Privacy protectionSecurity Written by Cio 0 Comments

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