“Elm” & “SingleView" signs a MoU to unlock open banking innovation
"SingleView", the leading company open banking company, has signed a MoU with "Elm", the pioneering company in digital solutions to provide more innovative services in open banking. The memo was signed during SingleView participation in LEAP 2024 exhibition where the company raised awareness about fintech and open banking solutions that support financial sector. This comes in addition to aspiration to form successful and fruitful partnerships with various companies locally and on international level.
The memo aimed to expand the framework of cooperation between the two companies in several areas, including cash management solutions, financial solution, escrow services, in addition to open banking services that SingleView is providing to companies in different sectors. The memorandum represents an evolution in partnership between the two parties, as it followed an agreement to utilize “Nafath Rowad”, one of Elm services that enables the subscriber to verify data of their clients and ensure accuracy in order to facilitate the verification process of the subscriber's clients' data and increase the trust and accuracy rates of the data used.
Commenting on signing the memo, Abdulrhman Alarifi, SingleView CEO said: “this memo is considered a promising move in our collaboration with Elm in order to empower the Open banking solutions and activate new and innovative solutions in this pivotal field”.
"Elm" works on providing a clear roadmap and plan for training and skill development and creating investment opportunities. It also contributes to enhancing investment opportunities for entrepreneurs of small and medium-sized enterprises by providing an innovative incubation environment and creating job opportunities for current and future generations. Additionally, it contributes to accelerating the economic growth process through digitization operations, creating future opportunities to enhance the development of small and medium-sized enterprises, and opening up new economic possibilities for long-term sustainable economic development.
About SingleView
SingleView, headquartered in Riyadh, Saudi Arabia, is a leading provider of open banking solutions. With partnerships established with all major Saudi banks, the company is dedicated to transforming financial services on a global scale. SingleView mission is to empower businesses in every industry to drive profitability, enhance customer engagement, and achieve long-term success. By leveraging unique technology and strategic partnerships, SingleView is at the forefront of revolutionizing the financial services landscape.
For more information about SingleView please visit
singleview.com.saOr visit our social media accounts:
