{"id":4526,"date":"2023-10-13T11:09:15","date_gmt":"2023-10-13T11:09:15","guid":{"rendered":"https:\/\/cms.alj3.clients.lemonhq.io\/press-release\/abdul-latif-jameel-finance-signs-mou-with-lean-technologies-to-integrate-open-banking-into-its-financial-services\/"},"modified":"2025-12-09T09:06:34","modified_gmt":"2025-12-09T09:06:34","slug":"abdul-latif-jameel-finance-signs-mou-with-lean-technologies-to-integrate-open-banking-into-its-financial-services","status":"publish","type":"pressrelease","link":"https:\/\/cms.alj3.clients.lemonhq.io\/en\/news\/abdul-latif-jameel-finance-signs-mou-with-lean-technologies-to-integrate-open-banking-into-its-financial-services\/","title":{"rendered":"Abdul Latif Jameel Finance signs MoU with Lean Technologies to integrate Open Banking into its financial services"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Lean Technologies&#8217; Open Banking services cut out time-consuming steps for customers while helping streamline the processes for Abdul Latif Jamil Finance<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/aljfinance.com\/\">Abdul Latif Jameel United Finance<\/a> (Abdul Latif Jameel Finance) has signed a Memorandum of Understanding (MoU)&nbsp;with leading Open Banking aggregator provider <a href=\"https:\/\/jimco.com\/en\/portfolio\/lean-technologies\/\">Lean Technologies<\/a> to integrate Open Banking technologies and services into its financial offerings.<\/p>\n\n\n\n<p>New Open Banking technologies will be an added value &nbsp;to Abdul Latif Jameel Finance\u2019s products offered to both individuals and SMEs.<\/p>\n\n\n\n<p>Open Banking technologies will further enhance the customer experience by providing Abdul Latif Jameel Finance with direct and secure access to their customers\u2019 bank data and information, such as bank statements and transactions, upon the customers\u2019 consent, rather than requiring customers to obtain these documents themselves. The service cuts out a time-consuming step for customers, while helping streamline the process.<\/p>\n\n\n\n<p>The integration of Open Banking technologies reflects Abdul Latif Jameel Finance\u2019s commitment to continuously enhancing the customer experience while introducing new and innovative technologies to its existing products and services.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bing.com\/ck\/a?!&amp;&amp;p=462b2011ba273860JmltdHM9MTY2NjY1NjAwMCZpZ3VpZD0wMTVkOThkYy1mOGRmLTZlZjMtMGJiNS04OGYwZmNkZjYwYjkmaW5zaWQ9NTE4Nw&amp;ptn=3&amp;hsh=3&amp;fclid=015d98dc-f8df-6ef3-0bb5-88f0fcdf60b9&amp;psq=abdul+latif+jameel+finance+khaled&amp;u=a1aHR0cHM6Ly9hbGouY29tL2VuL291ci1wZW9wbGUvZHIta2hhbGlkLWQtYWwta2FyaW15Lw&amp;ntb=1\">Dr. Khalid D. Al Karimy<\/a>, CEO, Abdul Latif Jameel Finance said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe adoption of Open Banking technology falls in line with Abdul Latif Jameel Finance\u2019s strategy to continuously digitize its offering, whilst enhancing our customer\u2019s experience. At the same time, it further affirms our commitment to supporting Vision 2030 and the Kingdom\u2019s digital transformation efforts, which is in line with its plans to become an innovative fintech hub.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>Hisham Al-Falih, CEO, Lean Technologies said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cAs part of our mission to enable financial innovation in the Kingdom, Lean Technologies is pleased to partner with Abdul Latif Jameel Finance, one of the largest providers of financing services in Saudi Arabia for individuals and enterprises. Abdul Latif Jameel Finance\u2019s adoption of Open Banking technologies will streamline its customer experience while maintaining the highest levels of security. Lean is proud to play a vital role in advancing Saudi Arabia\u2019s prominence within the financial technology space, and we are privileged to be a part of the portfolio of investments of JIMCO, the global investment arm of the Jameel family.\u201d<\/em><\/p>\n<\/blockquote>\n","protected":false},"featured_media":4528,"menu_order":0,"template":"","class_list":["post-4526","pressrelease","type-pressrelease","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Abdul Latif Jameel Finance signs MoU with Lean Technologies to integrate Open Banking into its financial services - Abdul Latif Jameel<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abdul Latif Jameel Finance signs MoU with Lean Technologies to integrate Open Banking into its financial services - Abdul Latif Jameel\" \/>\n<meta property=\"og:description\" content=\"Abdul Latif Jameel United Finance (Abdul Latif Jameel Finance) has signed a Memorandum of Understanding (MoU)&nbsp;with leading Open Banking aggregator provider Lean Technologies to integrate Open Banking technologies and services into its financial offerings. 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