How Open Banking is a Key Driver of Financial Inclusion in MENA
Imagine, if you will, a world where everyone, regardless of their income level, social status, or geographic location, has a bank account. They have a debit card, a credit card,…
Open Banking Powering KSA’s FinTech Hub
Saudi Arabia is on the cusp of a financial services renaissance, accelerated by a wave of innovative fintechs, powered by Open Banking infrastructure and underpinned by forward-thinking regulation. For instance,…
Open Finance: the next step in the Open Banking Movement
Recently, Open Banking has been witnessing a steady rise and some promising strides across the MENA region. Saudi Arabia, for instance, has recently published its Open Banking Framework. While the…
Open Banking Use-Cases: Going Beyond the Vanilla
There are Open Banking led use cases in the hundreds out there as we know it today. While these have come into fruition across multiple geographies globally, it is important…
All Questions Answered
PK Shrivastava, Executive Director of Tarabut Gateway discusses many of the most burning questions about Open Banking and how it is shaping the region’s financial environment for all stakeholders بقلم بي كي شريفاستافا، مدير بوابة ترابط،…
Traditional Banking vs Open Banking: What Is The Verdict?
Open Banking is gaining major momentum globally. Statistics have shown that in 2020 alone there were 24.7 million individuals worldwide that have used Open Banking services and is forecasted to…
Why Open Banking Matters?
In a world that is ever evolving, so is our wants and needs. From streaming our favorite shows online to instant food delivery services or even booking a ride with a click of a button; our expectations have grown and…
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Evolving the Paradigm of Open Banking in the Region
The opportunities and innovation within open banking are key drivers for the growth of fintech in the region. The recent compliance requirements issued, and the regulatory frameworks developed is one of the ways in…
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Why is Open Banking the Future of FinTech?
The emergence and adoption of advanced technologies caught the banking industry by a surprise. After decades of being able to dictate the products, services, and channels the customer would use,…
Open Banking Jargon 101
The financial services industry is a highly regulated space because of the risks that come with money management such as cyber security risks and identity theft, hence the complexity of financial acronyms and terminologies due to its’ legislative nature. Furthermore, with the current drive for digital transformation,…
Open Banking Use Cases – Beyond Banking
Why is Open Banking so exciting? Well, it’s simple, it means more choice and better services for customers. It enables intelligent technology not only to empower users but also to…
What Are the Top 5 Use Cases of Open Banking?
The financial services industry has seen drastic technology-led changes over the past couple of years. Financial Institutions are recognizing the importance of leveraging data to deliver innovative products and intuitive…