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Kaspersky has signed a Memorandum of Understanding (MoU) with Codebase Technologies, a UAE-based provider of digital banking platforms and fintech solutions operating across the Middle East, to explore joint opportunities in delivering secure, integrated digital banking and fintech offerings across the region.
The collaboration aims to combine Codebase Technologies’ Digibanc digital banking platform, implementation expertise and regional market presence with Kaspersky’s advanced cybersecurity technologies, supporting banks, financial institutions, fintech firms and regulated entities as they navigate increasingly complex cyber risk environments.
Strengthening security across digital banking platforms
Under the MoU, both parties will assess opportunities to enhance the security, resilience and regulatory compliance of digital banking and fintech environments. The partnership focuses on addressing key cybersecurity challenges associated with digital financial services, including the protection of critical systems, fraud prevention, safeguarding sensitive data, and securing customer-facing operations.
By aligning their respective capabilities, Kaspersky and Codebase Technologies aim to help organisations embed cybersecurity more deeply into their digital banking infrastructure, ensuring protection is integrated from the platform level rather than treated as a standalone layer.
Rashed Al-Momani, general manager at Kaspersky Middle East, said: “Financial institutions are operating in an increasingly complex threat landscape, where cybersecurity must be an integral part of digital banking platforms from the outset. Through this collaboration with Codebase Technologies, we aim to explore how our cybersecurity expertise can complement advanced digital banking solutions such as Digibanc to help organizations better protect their operations and customers.”
Tamer Al Mauge, managing director – MENA at Codebase Technologies, commented: “Cybersecurity is a critical pillar of modern digital banking and fintech services. By working with Kaspersky, we plan to assess opportunities to enhance our Digibanc platform with advanced security capabilities that address regulatory, risk management, and operational requirements across our target markets.”
The MoU establishes a structured framework for collaboration, enabling both companies to combine technical expertise and market insights to support financial institutions across the Middle East. The partnership reflects the growing need for security-by-design approaches as banks and fintechs accelerate digital transformation amid heightened regulatory scrutiny and evolving cyber threats.
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