By Tom Cheung
Your guide to Open Banking in KSA
Your guide to Open Banking in KSA
Lean on Open Banking
As a Technical Service Provider, Lean has a critical role in the Open Banking ecosystem. By using Lean, you get a single point of access to manage your connections with bank accounts in KSA, and when you’re ready to expand into a new market with a different set of standards, Lean can be your long-term partner to enable your transition without having to rewrite your entire codebase to handle a new market.
Who is this guide for?
This guide is for anyone that would like to gain a better understanding of the KSA Open Banking standard and ultimately start building enriched financial products, including but not limited to:
- Enterprises, fintechs, and start-ups looking to consume Open Banking services
- Established regulated financial services firms
- Open banking advisers and professionals
What will you learn?
- What data is available in the Account Information API?
- How does the KSAOB approach identity information of account holders?
- How does the standard solve region-specific data and services?
- How do you get started on your Open Banking journey in the kingdom?
- What should you look for in an Open Banking partner?
Download the guide now:
Continue reading
Lean Collections: Automated Repayments in the UAE
For businesses that collect repayments over time, reliability directly affects cash flow, operating cost, and customer experience.
Rain becomes the first crypto exchange in the UAE to go live with Pay by Bank under the Open Finance framework, powered by Lean
Lean Pay by Bank Deposits: Real-Time Funding for Digital Financial Products
For digital financial products, deposit speed heavily determines whether a transaction occurs.