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UAE launches “Open Finance” initiative via ADCB

The UAE unveiled its Open Finance system in partnership with Abu Dhabi Commercial Bank (ADCB), allowing consumers and businesses to share financial data securely through licensed APIs. This framework—part of the Central Bank’s Al Tareq platform—empowers users with control over data sharing, faster access to credit, and seamless integration of financial services via digital ecosystems like Talabat. 

Source: agbi.com

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