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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Open banking , which is used across numerous countries, facilitates the connections and permissions between users’ banking data and third-party financial platforms.

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Financial Crime: Technology can Transform Compliance

FICO

A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. . Many analysts and research firms have forecast cost savings of over $1 trillion by 2030/2035 with the majority of savings stemming from front office operations. What do you do?