No API, No Party. A new Shakespearean drama?
There are several authoritative articles presenting the innovations introduced by Open Banking and PSD2 and describing the push to openness…
Comment & Analysis
9436 articles found
KPMG: Saudi banks post sturdy interim results, without any single domestically significant credit default
Total lending exposure of Saudi banks to the private sector is edging towards a SAR 2 trillion ($533.14 billion) mark.…
Are banks still relevant in a cryptocurrency world?
The 2008 global financial crisis dented public confidence in banking in a major way, with trust taking many years to…
Global open banking market set to hit $43.15bn by 2026
The global open banking market is projected to reach $43.15 billion by 2026, up from $7.3 billion in 2018, according…
2022 outlook: Middle East customers will go more digital in brand engagement
Consumers in the Middle East are more likely to engage with companies using digital channels in 2022, with 67 percent…
GCC banking sector net profits show increase
GCC banking sector net profits showed a q-o-q increase almost equivalent to the decline in loan loss provision (LLP) during…
Qatar – Online transactions surge over 90 percent in Commercial Bank
The digital transformation drive by the Commercial Bank has become a huge success. More than 90 percent of Commercial Bank's…
Turkish banks will support new low-rates economic model, association head says
Turkish banks will support a "new economic model" based on low interest rates championed by President Tayyip Erdogan, Turkish Banks…
Turkey Fast-Tracks Sustainable Finance
The Ministry of Treasury and Finance ("Ministry") published the Sustainable Finance Framework ("Framework") setting the standards for green, social and…
Al Rajhi Capital expects a budget surplus for Saudi Arabia in 2022
Saudi Arabia is set for a fiscal surplus of around SR25-SR45 billion ($6.7-$12 billion) in 2022, according to a report…
Bahrain ranks 4th globally in Islamic Finance
Bahrain has ranked fourth in the world and second in MENA for Islamic finance development according to the 2021 Islamic…
Over 60% of clients set to approach their banks for new services
Arthur D. Little (ADL) in collaboration with M2P Solutions unveiled its latest report entitled Beyond Banking: Is there an opportunity…