Mashreq becomes 1st bank to launch active API developer portal in UAE

  • Date: 17-Oct-2021
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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Mashreq becomes 1st bank to launch active API developer portal in UAE



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UAE’s leading financial institution Mashreq Bank has become the region’s first bank to launch an active Application Programming Interface (API) developer portal to promote the development of innovative digital journeys of customers.

According to the statement, the platform allows business and fintech developers to browse APIs, test them in a safe environment, and leverage Mashreq’s APIs in their own apps.

Mashreq’s first flagship API product NEOBiz Connect allows licensing authorities to enable customers to transmit a full NEOBiz application directly from their own digital platform in a single click. Further, NEOBiz, which is Mashreq’s exclusive digital bank for SMEs, will help to support the growing SME ecosystem in the UAE.

Fernando MorilloSEVPGroup Head – Retail BankingMashreq Bank

“APIs are at the heart of today’s digital revolution and have transformed the traditional customer experience across the world. They provide vital functionality for companies as they seek to develop new and innovative digital journeys for customers, as well as more personalized experiences. Signing up to the Mashreq API Developer Portal will allow users to browse our available API products, and encourage development, engagement, and API innovation. These provide a crucial environment for the advancement of the digital economy and in transforming the digital banking landscape