Bankableapi Joins Berlin Group’s openFinance Advisory Group & Board to Shape the Future of OpenFinance Adoption
Bankableapi Joins Berlin Group’s OpenFinance Advisory Group & Board, Fueling Open Banking Standardization and Monetization
Dubai, UAE – 19 Oct 2023 – Bankableapi, the leading SaaS platform for rapid Open Banking API implementation and monetization, announces its strategic partnership with the Berlin Group, joining their OpenFinance Advisory Group & Board. This collaboration aims to accelerate the standardization and adoption of Open Banking across UAE, Middle East & EU, empowering businesses to leverage its full potential.
The Berlin Group, a pan-European initiative established in 2004, plays a crucial role in shaping the future of Open Banking through its collaborative efforts to define and harmonize technical standards. Their OpenFinance Framework extends beyond PSD2 regulations, enabling secure access to bank account data for innovative financial services and data-driven solutions.
Bankableapi's expertise in Open Banking API integration and monetization aligns perfectly with the Group's mission. Their platform simplifies the process for businesses of all sizes to connect with bank APIs, build custom Open Banking applications, and generate new revenue streams.
Commenting on the partnership, Kamran Khan, CEO of Bankableapi, states: "We are thrilled to join the Berlin Group's OpenFinance Advisory Group & Board. Their dedication to standardization and collaboration resonates deeply with our vision of making Open Banking accessible and profitable for everyone. We believe our experience and expertise will contribute significantly to shaping the future of Open Banking in the UAE, and the Middle East."
The Berlin Group openFinance Advisory Board, welcomes Bankableapi: "Thank you for interest in the Berlin Group openFinance activities, this is highly appreciated"
Through this partnership, Bankableapi will actively contribute to the following initiatives:
Standardization of Open Banking APIs
Streamlining API integration and facilitating seamless data exchange across UAE, Middle East.
Monetization of Open Banking services
Enabling businesses to create and offer innovative Open Banking solutions for sustainable revenue generation.
Expansion of Open Banking adoption
Promoting the benefits of Open Banking to a wider audience and fostering a thriving ecosystem of innovative financial services.
Bankableapi is a leading SaaS platform empowering businesses to leverage Open Banking through rapid API implementation and monetization. Their plug-and-play solutions simplify API integration, ensure compliance with regulations, and unlock new revenue streams through the creation and offering of Open Banking services. Bankableapi is headquartered in Dubai, UAE, and serves businesses worldwide.
More information: Bankableapi.com