Alinma Bank Advances Digital Transformation With IBM Technologies

IBM and Alinma Bank announced that the Saudi Arabian financial institution has adopted IBM’s hybrid cloud and artificial intelligence technologies. This step aims to improve Alinma Bank’s IT systems and introduce a new Application Programming Interface (API) platform, supporting Saudi Arabia’s Vision 2030 plan for digital innovation.

Alinma Bank has reached a strong level in using modern and flexible integrations. Its main API system now plays a key role in the bank’s technology, supporting banking services for both individuals and businesses.

Alinma Bank Strengthens Digital Banking With IBM’s API Technology

This partnership with IBM aligns with Alinma’s 2025 Transformation Strategy, which focuses on increasing revenue and giving corporate customers and fintech firms better access to digital banking tools.

Using IBM Cloud Pak for Integration, IBM API Connect, Red Hat OpenShift on IBM Cloud, and IBM DataPower, Alinma’s API platform offers a safe and scalable system for fintechs and small businesses.

This centralized API hub allows fintech firms to access important data more easily, helping Alinma lead in financial technology. It also introduces new ways to earn revenue through API services, strengthening Alinma’s role in Saudi Arabia’s digital economy.

The new platform has made it easier to connect key internal systems, such as customer onboarding, pricing, and payments. IBM’s API Connect serves as the central part of this system, simplifying complex setups and ensuring consistent and reliable banking services.

With IBM Cloud Pak for Integration, Alinma has built a high-performance system that provides safe and regulated access to financial data across all channels. Additionally, IBM API Connect and Red Hat OpenShift enable Alinma to manage financial data securely while keeping its API system consistent and compliant.

Alinma Bank And IBM Advance Financial Innovation In Saudi Arabia

This partnership will help Alinma Bank meet regulations for data security and privacy while also keeping up with changes in the financial technology sector. The bank will be able to offer modern, customer-focused services.

Yasser AlOufi, Chief Information Officer at Alinma Bank, said IBM is a trusted partner in the bank’s plan to become one of the most agile and responsive financial institutions in the Kingdom.

According to AlOufi, the bank focuses on innovation and providing top digital services to clients and partners. He added that the new API platform supports this goal by offering secure and easy-to-use banking tools for fintechs and businesses.

Fahad Alanazi, General Manager of IBM Saudi Arabia, said IBM is proud to support Saudi Arabia’s digital transformation by offering advanced technology solutions. He said IBM has worked for years to help clients succeed and remains committed to ensuring that major institutions such as Alinma Bank reach their future goals.

He said the partnership on the API platform creates more opportunities for Saudi fintechs and small businesses. He also mentioned that IBM looks forward to continuing its collaboration with Alinma to drive financial innovation in the Kingdom.