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About Token

Token is a leading open banking payments platform that enables businesses, banks, and developers to initiate real-time account-to-account payments and access financial data through a single API.

The company's technology supports low-cost, instant payments with high success rates and immediate settlement.

Token's platform is utilized by major financial institutions and payment providers, including BNP Paribas, HSBC, and Nuvei.

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Nigeria Data Protection Act (NDPA)

For years, digital lending in Nigeria operated in a data grey zone. Platforms collected more borrower information than they needed, shared it with third parties under vague terms, and used it for purposes borrowers never agreed to. Debt recovery sometimes crossed into harassment, with lenders accessing contact lists and sending messages to borrowers’ family members. […]

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3 alternative data to credit report for
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3 alternative data to credit report for enhancing underwriting quality

Smart lenders must incorporate alternative data sources to improve underwriting and make more informed lending decisions.

July 15, 2024

A borrower’s right to data privacy is no
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A borrower’s right to data privacy is not negotiable

A borrower’s right to data privacy is not negotiable. Nothing gets your heart racing several miles per minute like the chance that you may not recover your loans, but that fear can never justify invading a borrower’s privacy. Responsible lending means collecting only the data you truly need and nothing more. Borrowers privacy is a fundamental right, and it must never be compromised.

March 11, 2022

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