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Software AG and Konsentus Webinar: Open Banking and Open Finance in the MENA Region

Software AG & Konsentus Webinar: 27 September 2023. Matthias Biehl and Brendan Jones explored the impact of recent digital progress and the changing regulatory environment in the MENA region.

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In an era where economic growth and rapid change converge, the MENA region emerges as a pivotal force in the global open banking movement. However, beneath the allure of innovation lies a labyrinth of challenges, from regulatory requirements to the strategic transformation of banks.

Industry experts Brendan Jones (Konsentus) and Dr. Matthias Biehl (Software AG) shared their thoughts on what it takes for banks to be successful as open banking and open finance are implemented in the region:

  • The drivers and different approaches to implementation in the larger Gulf region
  • Best practices for overcoming barriers to entry
  • Regulatory vs. voluntary APIs and monetisation of open banking APIs
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