Emirates NBD's application programming interface (API) Sandbox follows Open Banking Standards that ensure the utmost security and privacy for its users.
Thursday 28, March 2019 BY KUDAKWASHE MUZORIWA
Emirates NBD has partnered with Dubai International Financial Centre FinTech Hive, to launch a new programme where they are certifying fintechs that collaborate, co-create and innovate using the bank’s API Sandbox.
Abdulla Qassem, Emirates NBD’s Group Chief Operating Officer, said, “All registered fintechs in the Dubai International Financial Centre (DIFC) that build effective, working prototypes or demos using the APIs will have the opportunity to present to senior leaders from the bank for a chance to collaborate.”
Registered fintechs who use the API Sandbox and demo their prototypes working on the sandbox, will also receive a signed certificate from Emirates NBD and DIFC FinTech Hive acknowledging their participation and certifying their capabilities.
“The API Sandbox equips fintechs and developers with the right tools to transform their ideas into working prototypes,” added Evans Munyuki, Emirates NBD’s Chief Digital Officer.
The lender’s API Sandbox platform, which has been opened up to developers and fintech firms, consists of over 200 APIs and 500 end points covering retail, corporate and SMEs.