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Why Nedbank is embracing open banking
Open banking - the drive for established banks and financial services to open their APIs to the market - is a scary prospect for many of South Africa's big banks, but it's a concept better embraced sooner rather than later, says Chipo Mushwana, divisional executive of emerging payments at Nedbank.
Open banking - the drive for established banks and financial services to open their APIs to the market - is a scary prospect for many of South Africa's big banks, but it's a concept better embraced sooner rather than later, says Chipo Mushwana, divisional executive of emerging payments at Nedbank.