#Open Banking

GCC neobanks and the next banking revolution

How GCC neobanks are shaping the next banking revolution

Neobanks have reset the paradigm for the traditional banking industry in terms of customer experience, product innovation and pricing

LuLu Money Singapore launches Digit9 platform in UAE

LuLu Money Singapore launches cross-border payments platform in UAE

Digit9 can handle more than 300 transactions per second across a network of over 2,000 global partners

Open banking is a door to innovation

Open banking: A door to innovation and growth

Open banking is giving banks in the MENA region the opportunity to expand their ecosystems, reach and balance sheets

Abdulla Almoayed of Tarabut Gateway image Tarabut Gateway

Tarabut Gateway completes Saudi open banking certification

These developments follow the $32m Series A fundraise and partnership with Visa aimed at strengthening its presence in the Saudi market

Abdulla Almoayed, founder and CEO of Tarabut Gateway

Tarabut Gateway raises $32m to fund Saudi expansion

The open banking platform plans to use the proceeds of the Series A funding round to accelerate growth in Saudi Arabia

Saudi Arabia's central bank launches open banking lab

Saudi Central Bank launches Open Banking Lab

The bank is tracking the development of banks and fintechs to ensure their readiness to launch open banking services in Q1 2023

Open banking

Open banking platform Tarabut Gateway partners with four banks in Saudi

Traditional financial institutions and fintechs can connect and build their own apps using Tarabut’s solutions

How open banking is transforming the regional financial services

Tarabut Gateway’s 2022 MENA Open Banking Spotlight explores how regulation, implementation and adoption are enabling a new era of financial services across the region

Open Banking: the opportunities and the risks

Strong customer authentication must be adopted to make open banking a success

How open banking can foster innovation in the financial landscape

Open banking offers potential for better customer experience and additional revenue streams

Open Banking set to transform finance in the GCC

Gulf Business talks to Wissam Khoury, head of international at Finastra, on the state of Open Banking in the GCC

Why GCC banks and fintech startups must realign their interests for greater good

Traditional lenders and fintech players can grow simultaneously, offering customers a myriad of services