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CIBAFI – ICD Webinar Focused on the Important Role that "Open Banking" Presents for Growth and Development of Islamic Banks


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Last updated:
09/03 - 10:10
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-idb.org) have launched the first series of their joint webinars. CIBAFI – ICD Webinar on “
Open Banking: A Driving Force for Islamic Banking Growth and Development” was successfully held yesterday.
Fintech has revolutionized the global financial industry – it has not merely changed the way consumers interact with their banking institutions, it has also upended long-established business practices and internal workflows. CIBAFI Global Islamic Bankers’ Survey (GIBS) 2020 Report revealed that one of the two financial technologies that stand out as an area in which Islamic banks expect to have effective implementation within their operations is Open Banking. ....

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Ozan Electronic Money Turkey Join Forces With Albaraka Turk, One of Turkey's Most Well-Known Banks


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Ozan Electronic Money Turkey, which offers financial services to individual users and SMEs, has entered into a strategic cooperation with one of Turkey s most well-known banks, Albaraka Turk. Thanks to this collaboration, Ozan SuperApp users will be able to access various financial services ranging from fractional shares to foreign exchange services, to bill payment, virtual IBAN and more.
Istanbul, Turkey (Newsfile Corp. - February 24, 2021) - Insha Ventures, a subsidiary of Albaraka Turk, is by many considered Turkey s first fintech venture builder. Now it is joining forces with Ozan Electronic Money Turkey, which offers next generation financial services to individuals and businesses. The strategic open banking cooperation integrates Albaraka API Platform infrastructure into Ozan SuperApp, allowing Ozan SuperApp users to perform a variety of services such as 24/7 money transfer, purchase of commodities such as gold, foreign exchange transactions and bill payment, ju ....

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