A new partnership between Fintech Galaxy and global provider of real-time payment solutions ProgressSoft aims to accelerate adoption of Open Banking and regulatory compliance across MENA.
Through the collaboration, ProgressSoft will make use of Fintech Galaxy’s ‘FINX Comply’ and ‘FINX Connect’ platforms to equip banks and financial institutions with the tools to “fast-track” regulatory compliance, improve digital payments, and monetise financial data securely.
By using pre-configured Open Banking solutions, financial institutions in the region will benefit from reduced compliance costs and shorter regulatory approval times, while…

