Experience a live customized demo and get answers to your questions to find out why our Open Banking platform is the right choice for your organization
Attract new customers while keeping your existing customers happy by expanding your partnership ecosystem through our powerful API middleware.
Enjoy a complete set of features to accelerate your digital transformation journey
Control TPP onboarding journey by having a customizable registration form, approval workflow and different API subscription plans.
Put your customer in control of their finances by relying on security standards like OAuth2 and OpenID Connect integrated with our Consent Management module to ensure that only authorized parties will have access to your customer’s data.
Connect TPP applications to your Sandbox environment to explore and test the functionality for your Open Banking APIs.
Manage access to different versions of your Open Banking APIs and gain insights into TPP usage across each API version.
SBM Open Banking Platform is your gateway to a myriad of opportunities.
One of the biggest challenges that slow down the digital transformation journey is integrating new applications into the existing IT infrastructure. IT departments spend time on resolving integration problems, instead of focusing on innovation.
By adopting Open Banking, financial institutions will have a standards based, unified platform for seamlessly exposing backend services by packaging them as modern, secure and managed APIs that enable self-service discovery and consumption for developers and partners.
In recent years, radical changes in customer behavior drive the evolution of the financial services industry. Customers are continuously raising the bar of everything and their expectations exceed expected boundaries.
Open banking has the power to open up access to financial services and enables banks and customers to benefit from third-party applications to obtain better experience for their financial activities.
Customer data has become one of the most precious values in the digital world and customers trust intrinsically that banks will protect their personal data.
Open Banking, powered by other regulations such as PSD2, allows banks to securely make customer information available to third parties. Customers must review and explicitly provide their approval to share their data with third parties.
SBM Open Banking Platform includes the following APIs
Retrieve account and transactional information for your bank customers
Initiate domestic and international funds transfer
Create and manage funds confirmation consents
Allow Third Party Providers to subscribe to events with your bank
Locate all bank branches throughout Saudi Arabia
Locate all bank Automatic Teller Machines throughout Saudi Arabia
SBM Open Banking Platform is powered by IBM API Connect. IBM API Connect is a modern, industry-leading API management platform that lets you create, securely expose, manage and monetize your APIs.
IBM API Connect provides a wide range of capabilities
Quickly create APIs from existing business assets or cloud services through configuration
The steps of the API lifecycle include creating, running, managing, and securing APIs
Customize your developer portal with your branding to advertise, market, socialize and sell APIs
Manage access to APIs by using a combination of API keys and secret keys
