RIYADH: Standard Chartered Bank Saudi Arabia has launched an application programming interface to ensure data security in real time.
Through this new interface, clients and partners will be able to share and integrate data securely, said a statement issued on Tuesday.
In line with Saudi Vision 2030 and the country’s aim to become a regional digital hub, businesses across any industry in the Kingdom will now be able to connect to a host of new capabilities.
This includes digitizing treasury, integration of banking capabilities into ERP operations, implementing digital business models, process automation, automated reconciliation and enabling point-to-point integration.
“The launch of our application programming interface/ API accelerates a new era of financial innovation and plays a pivotal role in the increasing development of the Kingdom’s financial sector,” Boutros Klink, CEO of Bahrain and the Middle East at the bank, said.
