Spire Technologies has obtained Account Information Service Provider (AISP) and Payment Initiation Service Provider (PISP) licences from the Central Bank of Bahrain (CBB), authorising it to operate as a fully regulated open banking ancillary service provider in the kingdom.
This milestone approval from the CBB will effectively enable Spire Technologies to expand its offerings, delivering expert financial insights and swift digital solutions to the market with increased operational efficiency, which include the provision of open banking use cases to retail customers and micro small and medium enterprises (MSME) in addition to open banking enabled services to banks and fintechs .
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