Tarabut collaborates with Hakbah, a decentralized savings platform

Date:

Share post:

The open banking platform for MENA, Tarabut, and Hakbah, a fintech savings platform based in Saudi Arabia, have announced a new partnership.

Tarabut is also an investor in the digital transformation of the region. Hakbah benefits greatly from the partnership as it streamlines and expedites a number of tasks. Customers will benefit from expedited onboarding and improved data processing, as well as a 20% increase in the customer offering, a 40% reduction in Hakbah’s service cost, and a 40% reduction in data processing time.

Tarabut’s other products and open banking connectivity platform will make these major improvements possible.

Read More: Tarabut partners with decentralised savings platform Hakbah

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

BNP Paribas and Ant International Partner To Improve Cross-Border Payment Solutions In Europe

BNP Paribas, a bank in the European Union, has partnered with Ant International, a digital payments and financial...

Wirex And Visa Collaborate To Promote Use Of Digital Currencies In The UK And The European Economic Area (EEA)

Wirex, a Web3 money app, and Visa, a leader in digital payments, have announced a partnership to promote...

Transend Partners With Midland States Bank To Offer Innovative POS Solutions

Transend, a company that offers working capital solutions to businesses, has announced a new partnership with Midland States...

Three in ten adults have been a victim of financial fraud; spurring industry to continue investment to protect consumers

As fraud rates continue to rise, nearly all adults in the UK (94%) now say they are taking...