BankingBusiness

Salt Edge: Expands its Open Banking offering to the Saudi Arabia market

Salt Edge: Expands its Open Banking offering to the Saudi Arabia market

  • Salt Edge, a global Open Banking pioneer, has announced its expansion to the Kingdom of Saudi Arabia
  • Aiming to help banks and other financial institutions to bring innovative solutions to the market
  • The Saudi Central Bank (SAMA) sees Open Banking as pivotal in developing the Kingdom’s financial sector further
  • On November 2, SAMA published the Open Banking Framework and mandated banks to make their account information
  • Open Banking Compliance solution helps KSA banks to become compliant in 3 months only
  • A leading Open Banking services provider with 10 years of delivering financial technology solutions for banks
Previous article
Wise: Introduces cashback on business accounts
Next article
Speak: Raises $27M in Series B Funding
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets. Highlights: NYSE's parent company allocates $600M to Polymarket.Investment...
FinTech

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe. Highlights: Nexi partners with several Danish banks...
FinTech

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy. Highlights: Lloyds Banking Group admits to a data breach affecting...
FinTech

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment. Highlights: Mastercard is seeking to sell...