What you need to know about Nigeria’s Open Banking
Two years after the first Open Banking framework circular was released, the CBN issued operational guidelines for Open Banking on Tuesday, March 7, 2023, heralding a start for what many anticipated would bring about a much-needed change in financial services.
What do borrowers want from lenders?
This article details the insights drawn from the results of our survey regarding the deciding factors for borrowers when selecting a lender.
Your core banking system isnāt your loan management system. Hereās the difference
If you have spent any meaningful amount of time in lending, you have likely heard someone ask the question, āCanāt our core banking system handle loans too?ā On the surface, it seems like a fair point. Loans are essentially account balances. When a customer takes out a loan, the system records the disbursed amount as […]