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CRC Credit Bureau Organises Forum on Open Banking

CRC Credit Bureau Limited recently hosted a webinar to educate individuals and businesses on open banking.
The Managing Director/CEO of CRC Credit Bureau Limited, Dr. ’Tunde Popoola, in a statement said the webinar with the theme: ‘Open Banking: Implications for Payments System and Access to Credit,’ was an important discuss to understand its connection to data management and financial inclusion.
Popoola stated: “For us at CRC, we identified the direction of information dissemination and availability among players in the economy and our products and services are driven by data.
“We represent one side of the financial intermediation equation by holding and disseminating data on credit activities. It is complete when access to information on the deposit mobilisation and payments system is also democratised. ....

Olubukola Akinwunmi , Nume Ekeghe , Tunde Popoola , Musai Jimoh , Credit Bureau , Payments System Management Department , Bureau Limited , Open Banking , Payments System , Director Payments System Management Department , Assistant Director , Payment Systems Management Department , Central Bank , கடன் பணியகம் , கொடுப்பனவுகள் அமைப்பு மேலாண்மை துறை , பணியகம் வரையறுக்கப்பட்டவை , திறந்த வங்கி , கொடுப்பனவுகள் அமைப்பு , உதவியாளர் இயக்குனர் , கட்டணம் அமைப்புகள் மேலாண்மை துறை , மைய வங்கி ,

Ban on cryptocurrency

The designated licensed financial institutions include all banks, finance houses and all other CBN licensed agencies operating customer accounts, while the implicated cryptocurrencies include Bitcoin, Ripples, Monero, Litecoin, Dogecoin, Etherum, Perfectmoney as well as the NairaEx, the trending exchange where the Naira is traded for the cryptocurrencies. The recent circular itself referred to an earlier one on the same subject dated January 12, 2017.
Expectedly, the latest action by the apex bank has attracted a wave of reactions from several stakeholders in cryptocurrency transactions as well as other members of the public – the latter out of interest in the mystique associated with the cryptocurrency matter, given that it does not exist in a physical form. ....

Bello Hassan , Musa Jimoh , Lamido Yuguda , Godwin Emefiele , Exchanges Commission , Central Bank , Payment Systems Management Department , Banking Supervision , Director General , பெல்லோ ஹாசன் , பரிமாற்றங்கள் தரகு , மைய வங்கி , கட்டணம் அமைப்புகள் மேலாண்மை துறை , வங்கி மேற்பார்வை , இயக்குனர் ஜநரல் ,