Banking 2 min read
The Open Finance Banking capabilities enable secure and efficient financial data sharing, payment initiation, and verification — empowering third-party providers (TPPs) with the tools they need to enhance user experience and financial services.
All services operate under strict consent management and granular data access permissions, mediated and validated by the API Hub.
Which TPPs are consuming Banking APIs
TPPs currently calling Banking endpoints — across data sharing, payments, CoP, products, and ATMs — in the last 30 days.
Browse the Banking capabilities
The full set of capability areas an LFI implements as part of UAE Open Finance Banking.
Bank Data Sharing
Expose account, balance, transaction, beneficiary, direct debit, standing order, scheduled payment, and party information to consented TPPs. Permissions such as ReadAccountsBasic, ReadBalances, and ReadTransactionsDetail control which fields are returned, with data filtered by consent expiry and date ranges.
- Account & balance information
- Transaction & statement history
- Standing orders, direct debits, beneficiaries
- Party & product information
Service Initiation (Payments)
Receive and execute domestic payments instructed by TPPs after the customer has authorised consent at your authorisation server. Covers single instant payments, multi-payment consents (fixed/variable on-demand, periodic schedule, defined schedule), Delegated SCA, and refund retrieval.
- Single Instant Payments
- Multi-payment consents (6 variants)
- Delegated SCA
- Refunds & multi-authorisation
Confirmation of Payee (CoP)
Respond to TPP requests that verify whether a payee’s name matches the account holder before a payment executes. Implements both the discovery step (resolve LFI from an IBAN) and the confirmation step that returns Yes / Partial / No match indicators.
- Discovery by IBAN
- Name match check
- Yes / Partial / No outcomes
- Reduces APP fraud risk
Products & Leads
Publish your product catalogue (savings, current accounts, credit cards, finance, mortgages) and receive customer leads forwarded by TPPs for product origination. Filter by Sharia compliance, product category, and last-updated date, with retail and business products both supported.
- Public product catalogues
- Sharia compliance filter
- Receive leads from TPPs
- Retail & business products
ATMs
Publish ATM location, service, accessibility, fee, and availability data to TPPs. Read-only and public — no customer consent or redirect required. Each ATM record includes location, supported services, accessibility features, fees, and withdrawal limits.
- Locations & GPS coordinates
- Supported services & currencies
- Accessibility features
- Fees & withdrawal limits