Khaberni - Housing Bank launched its advanced platform for open banking and finance (Open Banking & Finance), thereby providing an integrated digital environment that allows secure connectivity with fintech companies and providers of financial and digital services and solutions, enhancing financial inclusion in the kingdom and supporting the digital service ecosystem in line with global trends and the latest technical standards in the banking sector..
The platform utilizes a precise operating mechanism that begins by giving service providers the opportunity to register and create specialized digital accounts, subject to review by the bank, followed by a registration phase that includes comprehensive authentication processes covering commercial, technological, and legal aspects, to ensure the highest levels of security and compliance with banking regulations and controls..
Under this platform, service partners who obtain the necessary approvals can access the secure (API), which allows them to integrate with core banking services, particularly concerning account information and management of customer consents, thus granting Housing Bank customers greater flexibility and control over their financial data, while ensuring their privacy and protection within a standard and reliable tech environment..
Housing Bank continues to invest in the latest financial technologies through the adoption of cutting-edge digital innovations that enhance the environment and system of financial and banking services, and contribute to supporting the shift towards a more advanced and sustainable digital economy..
Click here to register on the platform
