On August 2023, the Central Bank of Jordan (CBJ) announces a new purpose for financial technology and innovation of economic development program for the view of the economic modernization (2023-2025). Looking at the Jordan position as a regional hub for financial variation, the CBJ is detained in the world in open banking, approval Galaxy in FintechRequest to Enter Regulatory Sandbox, Joregbox.
Galaxy in FintechThe open banking services trivider, now rests and dissolves open Kingdom banking services within a controlled solid market. The company is also the first open banking company to receive Jordan regulation approval, which marks a significant importance for the company and the country.
One way that CBJ is setting jordon as a primary destination for investing in advanced financial technologies is Joregbox. It provides a structured environment where fintech companies can try new solutions under the management of the CBJ, which promotes financial financial participation.
As part of Jordanian The ecosystem, Cintech Galaxy can provide a suite of regulated and premium open banking services and solutions. It can make banks and payment providers to share data in real-time time with third party professionals securely and have a clear user permission.
Its finx platform has facilitated real time to stimulate bank account account and payment start service. With the initial attempt to focus on account information services, the platforms follow the world’s management standards and repeat financial institutions for financial institutions for financial institutions for financial institutions for financial institutions for financial institutions for financial of financial institutions and fintechs.
The introduction of open banking in Jordan
Riyadh al zamilThe Chairman of the Board of Director of the Galaxy of Fintech Galaxy commented: “We are proud and honored to receive the Country Bank approval by the country’s country. This milestone promotes our commitment to rising masculinity to finance, allowing the change, and empower the Jordan economy by open banking. “
Mirna SlimanFecturer and CEO of Fintech Galaxy said: “The Central Bank of Jordan’s approval is a testament to our shared views on the development of innovation and approval of the financial sector. By the sector Leverage Finx Connects, we intend to empower financial institutions and third-party companies with data flow and repair the lives of consumers across the Jordan. We will , We seek to provide assurance, efficient, and change financial solutions for all concerns. “
Fintech Galaxy raises $ 9 million to invest in its platform build and expand new markets. Fintech Galaxy Jordan, led Zaid KhatibJoin most banks and financial institutions across the Jordan, which provides open banking services to financial financial concessions (BFM).
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