Fintech Galaxy, the open banking infrastructure provider founded in the UAE, is partnering with ProgressSoft, a real-time payment solution provider, to accelerate open banking adoption and regulatory compliance across the Middle East and North Africa (MENA).
Through the partnership, ProgressSoft will leverage the FINX Comply and FINX Connect platforms from Fintech Galaxy, equipping banks and financial entities with tools to fast-track regulatory compliance, enhance digital payments, and monetise financial data securely.
The two firms will also collaborate on building national open banking hubs, providing regulators and central banks with a scalable…
