SAMA licenses Tatbiq Darahem for account-information services
Open-banking partners must verify Tatbiq Darahem’s SAMA-licensed status
SAMA
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SAMA licensed Tatbiq Darahem Company for Technology Almaliya to provide account-information payment services associated with open banking.
Why it matters
The licence adds Tatbiq Darahem to Saudi Arabia’s authorised payment-service provider perimeter after completion of SAMA’s regulatory sandbox. Banks, fintech partners and platform teams using account-information services must verify open-banking counterparties against SAMA’s authorised-institution list.
Implications
- — Bank API integration teams must treat Tatbiq Darahem as a SAMA-licensed account-information service provider before onboarding open-banking integrations.
- — Fintech partnership teams contracting for account-information services must verify provider licence status against SAMA’s authorised financial institutions list.
- — Compliance teams at Saudi payment and fintech firms must update authorised-provider checks to include Tatbiq Darahem for open-banking counterparty review.
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