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SAMA launches Open Banking Lab to facilitate financial innovation

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 ....

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Jordan: central bank to regulate Open Finance

The Central Bank of Jordan (CBJ) has issued instructions to regulate Open Finance services provided by all banks operating in the Kingdom. ....

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