The open banking market is set to grow by 25 per cent in Arab countries over the next five years according to The Arab Monetary Fund (AMF).
The AMF report was produced by members of the Arab Regional Fintech Working Group (WG) in collaboration with 10 Arab central banks and regional open banking firm Fintech Galaxy. The guide was released in line with the Fund’s endeavours to support Arab central banks adopt an effective framework for open banking/finance schemes.
The Guidelines for an…
