{"id":53241,"date":"2023-01-08T01:21:22","date_gmt":"2023-01-07T22:21:22","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=53241"},"modified":"2023-01-08T01:21:22","modified_gmt":"2023-01-07T22:21:22","slug":"%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2%d9%8a-%d8%a7%d9%84%d8%b3%d8%b9%d9%88%d8%af%d9%8a-2","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/53241\/","title":{"rendered":"Saudi Central Bank launches Open Banking Lab"},"content":{"rendered":"<p>Launched <span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/www.sama.gov.sa\/ar-sa\/Pages\/default.aspx\">Saudi Central Bank<\/a><\/strong><\/span> The Open Banking Lab, in accordance with the OpenBanking Framework, which was released by the <span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/amlak.net.sa\/en\/52430\/\">Central Bank<\/a> <\/strong><\/span>in November 2022.<\/p>\n<p>In a statement published on its Twitter account, the bank said that the Open Banking Lab is one of the most important technical enablers of the open banking system in the Kingdom, as the lab provides a technical testing environment to enable banks and financial technology companies to develop, test and authorize open banking services to ensure compliance with the open banking regulatory framework, and the lab aims to enable innovation and accelerate the development of open banking services in the Kingdom.<\/p>\n<p>The statement explained that the practice of open banking represents a new concept in the financial sector, as it aims to enable customers of financial institutions to securely share their financial data with a third party that offers new and innovative financial services and products to customers. Open banking also contributes to creating a positive impact in the sector, by strengthening the partnership between banks and financial technology companies, in addition to improving the infrastructure of the sector, and enabling better use of customers' financial data.<\/p>\n<p>He explained that the activation of open banking is one of the initiatives of the FinTech strategy, which is one of the pillars of the financial sector development program stemming from the Kingdom's Vision 2030, which was approved by the Council of Ministers at the end of May 2022, where the strategy aims to make the Kingdom a home and a global center for financial technology, and innovation in financial services based on technology is the basis, thus enhancing the economic empowerment of the individual and society.<\/p>\n<p>It is worth mentioning that <span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/amlak.net.sa\/en\/52856\/\">Saudi Central Bank<\/a><\/strong><\/span> In November 2022, the Bank announced the issuance of the Open Banking Regulatory Framework, which includes a set of legislations, regulatory guides and technical standards in accordance with international best practices to enable banks and financial technology companies to provide Open Banking services in the Kingdom. The first version of the Open Banking services focused on the Account Information Service, while the second version focused on the Payment Initiation Service, and the Bank is also working on following up the progress of banks and financial technology companies to ensure the readiness of the sector to launch Open Banking services during the.<\/p>\n<h4><span style=\"color: #993300;\"><strong><a style=\"color: #993300;\" href=\"https:\/\/www.sama.gov.sa\/ar-sa\/Pages\/default.aspx\">Saudi Central Bank<\/a><\/strong><\/span><\/h4>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>Saudi Central Bank launches Open Banking Lab<\/p>","protected":false},"author":27,"featured_media":84019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[104],"tags":[],"class_list":["post-53241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",747,509,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs-300x204.jpg",300,204,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",747,509,false],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",747,509,false],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",747,509,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",747,509,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",18,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",747,509,false],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/09\/pro-3IRPl0vs.jpg",747,509,false]},"author_info":{"info":["\u0623\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"<a href=\"https:\/\/amlak.net.sa\/en\/category\/development-construction\/legislation-and-regulations\/\" rel=\"category tag\">\u0627\u0644\u062a\u0634\u0631\u064a\u0639\u0627\u062a \u0648\u0627\u0644\u0623\u0646\u0638\u0645\u0629<\/a>","tag_info":"\u0627\u0644\u062a\u0634\u0631\u064a\u0639\u0627\u062a \u0648\u0627\u0644\u0623\u0646\u0638\u0645\u0629","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/53241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=53241"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/53241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/84019"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=53241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=53241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=53241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}