Saudi Central Bank debuts open banking lab to boost innovation
The Open Banking Lab will provide a technical testing environment to ensure compatibility with the country’s Open Banking Framework.
The Open Banking Lab will provide a technical testing environment to ensure compatibility with the country’s Open Banking Framework.
Tweeq leverages Paymentology’s Banking.Live platform and hopes to launch its app soon.
The framework includes legislation, regulatory guidelines and tech standards based on international best practices.
SAMA has already “collected the local financial market participants’ feedback”.
Tanam give green light after 18 months of sandbox testing.