Open Banking in Saudi Arabia


The Open Banking phenomenon has unleashed a new era of financial services that is channeled through open innovation and collaboration. For Saudi Arabia, ensuring a swift digital transformation means leveraging technology to reinvent traditional operating and business models. Regulatory nudges and growing competition further act as catalysts for the futuristic evolution that will open the doors for more contextual offerings to shape the best possible customer experiences.

At WhiteSight, we are delighted to team up with Mod5r in the journey towards accelerating innovation-led Open Banking initiatives that align with the priorities of the Vision 2030 plan for the Kingdom – paving the way for open finance and eventually a more open economy.

A quick glimpse into what the report examines:

  • The State of Affairs – Open Banking Trends and Key Drivers
  • Innovative Applications – Unlocking Value Through Open Banking
  • The Strategic Play – How Banks Can Leverage Open Banking
  • Time for Action – Open Banking Implementation Building Blocks
  • Industry Perspectives from Saudi Arabia

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