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Tarabut Gateway raises US$32M to boost Open Banking in KSA

Tarabut Gateway announces the completion of a US$32 million Series A fundraise. The funding round was led by Pinnacle Capital, a leading alternative investment firm...

Tarabut Gateway partners with major banks in KSA, ideally timed as Open Banking nears its launch in the Kingdom

Tarabut Gateway, an Open Banking platform in the MENA region with a market presence in Bahrain, the UAE and KSA, announces four new key...

Open to Change

With an influx of large number of fintechs working with new technologies on data sharing and big data applications, the banking sector has witnessed...

How is Open Banking transforming Europe?

Open Banking is a new revenue stream for banks. UK and Europe were the early adopters of open banking. Banks such as N26, Revolut...

Open Banking without Strong Customer Authentication creates bad customer experience and leaves banks vulnerable. So why adopt one without the other?

Regulators around the world are implementing various incarnations of Open Banking with the goal of changing how payments are made in their regions. They...

A changing mindset

How do you define open banking? At Gellify, we define Open Banking as a “mindset of change” that industry players need to embrace to truly...

Fueling the future of banking

How do you define Open Banking? Open Banking refers to the practice of banks sharing customer data securely (only with written consent) with third-party financial services...

Why Bank’s core business model is threatened and how can Banking-as-a-Service (BaaS) help?

We have all grown up reading and understanding that Banks make money by borrowing cheap and lending dear. It is, in large part, this...

Open Banking: A disrupter of redundant banking practices

Open Banking 101 After struggling to manage the growing issues of unbridled monopolizing of rules and regulations of the banks, the UK Government in 2016...

Finastra research reveals strong interest in Open Banking among UAE banks

Finastra research reveals that nearly nine out of ten (88%) financial institutions in the UAE plan to enable Open Banking in the next 12...

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