In Nigeria, the Open Banking Consent Management System (OBCMS) is the technological platform from which this consent is given. Uniquely, the OBCMS uses the Bank Verification Number (BVN) to verify end-user identities when they grant consent.
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Nigeria will use BVN for open banking consent management, is it a good move?
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Open banking regulation in Nigeria is now approved by the CBN
Open banking regulation in Nigeria is now approved by the CBN
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