How Faster Payments will light the spark to Kenya's Fintech Boom
That's an easy problem to solve. It's an infrastructure problem and the solution is widely available.
They work hand in hand, Open Finance and Faster Payments are two peas in the same pod? They are complimentary products.
Insightful and quite enlightening. In light of Open Banking/Open Finance, what are the implications of FPS vis a viz Open Finance?
NIBSS has not been able to handle large transaction volumes. It is not scalable. This weakness has led to fintechs like Interswitch, Zone etc offering an alternative system.
That's an easy problem to solve. It's an infrastructure problem and the solution is widely available.
They work hand in hand, Open Finance and Faster Payments are two peas in the same pod? They are complimentary products.
Insightful and quite enlightening. In light of Open Banking/Open Finance, what are the implications of FPS vis a viz Open Finance?
NIBSS has not been able to handle large transaction volumes. It is not scalable. This weakness has led to fintechs like Interswitch, Zone etc offering an alternative system.