Galaxy Backbone Woos Banks, Fintech on Digital Trust as CBN's Local Data Hosting Rule Takes Hold - Tech
Galaxy Backbone hosted a webinar for Nigerian financial leaders to discuss digital trust and regulatory compliance. The event focused on the Central Bank of Nigeria's mandate requiring local hosting of payment transaction data.
Why it matters
Local data hosting requirements are reshaping the digital infrastructure landscape for fintechs and banks in Nigeria, emphasizing sovereignty and security.
Galaxy Backbone has reaffirmed its commitment to supporting Nigeria’s digital financial ecosystem by convening Chief Information Officers (CIOs) from banks, fintech leaders and technology stakeholders for its second-quarter webinar on strengthening digital trust through regulatory compliance and resilient infrastructure .
The article reports on an industry event and regulatory updates without editorializing.
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