Tarabut, the leading open banking platform in the MENA region, has acquired Vyne to enhance its open banking capabilities and prepare for upcoming regulatory changes in the area. Integrating Vyne’s technology into Tarabut’s platform will facilitate faster account-to-account (A2A) payments and bolster compliance with new regulations in Saudi Arabia and the UAE. The strategic move is designed to expand Tarabut’s service offerings and market presence, leveraging Vyne’s real-time payment solutions and reinforcing its position in the Middle East and U.K. financial markets.
Tarabut Acquires Vyne in Advance of MENA’s Regulatory Changes
