Housing Bank announced the launch of its advanced open banking and finance platform, providing an integrated digital environment that allows for secure connection with fintech companies and digital financial service providers. This move aims to enhance financial inclusion in the Kingdom and support the digital services ecosystem, in line with global trends and the latest technical standards in the sector.
اضافة اعلان
The platform follows a precise operational mechanism, starting with the opportunity for interested service providers to register and create dedicated digital accounts subject to the bank’s review. The registration phase is followed by comprehensive authentication processes covering commercial, technical, and legal aspects to ensure the highest levels of security and compliance with the legislations and regulations governing banking operations.
Through this platform, service partners will be able to access secure Open Application Programming Interfaces (APIs) after obtaining the necessary approvals. This allows them to integrate with core banking services, particularly regarding account information and customer consent management. This technology will provide Housing Bank clients with greater flexibility and broader control over their financial data, while ensuring privacy and protection within a standardized and reliable technical environment.
It is worth noting that Housing Bank continues to invest in the latest financial technologies by adopting the latest digital innovations that elevate the financial and banking services ecosystem, contributing to the transition toward a more advanced and sustainable digital economy.
To register,
click here.
