Welcome to SNB Open Banking.

Together, let's shape the future of finance.

We are proud at SNB to introduce our cutting-edge Open Banking platform designed specifically for fintech companies. Our platform offers a seamless and secure banking experience, empowering your business to thrive in the digital area.

Features
Flexible API Integration

Integrate your fintech applications seamlessly with our robust banking infrastructure through our comprehensive set of APIs. Our platform supports secure data exchange, enabling you to leverage the power of banking services within your own application.

Secure and Compliant

Rest assured that your data and your customers' information are protected by state-of-the-art security measures. We adhere to industry-leading security standards and regulatory compliance to ensure a safe environment for all transactions.

Customized Solutions

We understand that each fintech company has unique requirements. Our Open Banking platform offers customizable solutions tailored to your specific needs. Whether you need payment processing, account management, or transaction analytics, we've got you covered.

Real-time Access

With our platform, you can access real-time banking data, empowering you to serve your customers with up-to-date information regarding their accounts, balances, transactions, and more. Stay connected and offer enhanced financial services to your users.

Collaborative Partnership

We believe in fostering strong partnerships with fintech companies. Our dedicated team is here to provide technical support and guidance throughout the integration process. Together, we can unlock new opportunities and drive innovation in the financial technology landscape.

Use Cases
Account Aggregation

View a customer’s (both business and consumer) consolidated account balances and transaction history across multiple payment accounts.

E-Statement as a Service

Consumer transaction data to build an e-statement and make it available to the beneficiary on behalf of the consumer.

Extended Customer Attributes

Consumer attributes/data to enable faster and smarter onboarding.

Personal Finance Management

Aggregated view of a consumer’s finance with features such as analytics, insights and recommendations to manage personal finances.

Credit Risk Assessment

Customer (both business and consumer) transaction data assessment to enable the customers to apply for a loan or undergo any other credit risk assessment.

Tax Filing as a Service

Business customer’s credit and debit transaction details to provide easier reconciliation of payables and receivables and enable the customers to submit accurate tax filing to ZATCA.

Enterprise Financial Management

Compilation of most recent financial information from different payment accounts in a single orchestrated view for the business customers.

Letter of Guarantee as a Service

Facilitation of a digital request to banks to issue a Letter of Guarantee and make it available to the beneficiary business on behalf of the business customer.

Connect With Us

Are you ready to revolutionize the fintech industry with our Open Banking platform? Join us today and discover the limitless possibilities of seamless banking integration. Contact our team at OBsupport@alahli.com to learn more and embark on a transformative journey with SNB.

FREQUENTLY ASKED QUESTIONS
No, data cannot be accessed without your consent.
Yes, you can withdraw your consent at any time.
Yes. To use Open Banking, you need online or mobile banking for your account.
APIs are responsible for the secure transfer of data from a bank account to an authorized and regulated Third-Party Provider.
Access to the Open Banking services is free, but the Third-Party Providers can apply some fees to provide the services to their customers.
Open Banking has security at its core. APIs allow for very secure data transfers, and you will always have to allow access to your financial data.
Cybersecurity protocols such as two-factor authentication standards for customers and banking information security measures are implemented.
Third-Party Providers is a term used to refer to regulated companies that offer financial products or services using open banking APIs under the full oversight of SAMA. Examples include: Personal Finance Management service providers, Enterprise Financial Management service providers, and others.
Open Banking Libraries