NBB to provide open banking services

May 16, 2019

 

 

National Bank of Bahrain (NBB) has today (May 15) become the first bank in the Mena region to adopt technologies that enable it to deliver new open banking services to its customers.

Open banking enables account holders to share their account information and payment history externally with other banks and with licensed third parties. This means that account holders can link multiple accounts from different banks together and view all of their financial assets and liabilities from within a single mobile app or online banking service. It also means they will