SAMA launches Open Banking Lab to facilitate financial innovation 

Follow-ups -eshrag News:

Wed, 2023-01-04 12:21

RIYADH: Open banking services in Saudi Arabia are set for a boost after the Kingdom’s central bank announced the launch of a new lab to allow businesses to test out their products against an established framework.

The service is a new concept that enables the consumers of financial institutions to securely share their data with a third-party provider, facilitating new and innovative services and products for consumers.  

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Business & Economy

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