Kaspersky has signed a Memorandum of Understanding with UAE-based fintech firm Codebase Technologies to explore joint opportunities aimed at enhancing the security of digital banking and fintech platforms across the Middle East.
Under the agreement, both companies will collaborate within a structured framework that brings together Kaspersky’s cybersecurity technologies and Codebase Technologies’ digital banking expertise, regional market presence and Digibanc platform. The partnership is designed to support banks, financial institutions, fintech companies and regulated entities as they respond to rising cyber risks and increasing regulatory demands.
The collaboration will focus on embedding security at the platform level, rather than treating cybersecurity as a standalone layer. This includes strengthening the protection of critical systems, preventing fraud, safeguarding sensitive data and securing customer-facing digital banking operations.
By combining their respective capabilities, Kaspersky and Codebase Technologies aim to help organisations improve the resilience, security and compliance of their digital financial services as digital transformation accelerates across the region.
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 partnership reflects a broader industry shift towards security-by-design approaches, as banks and fintechs across the Middle East face heightened regulatory scrutiny alongside an evolving cyber threat landscape.
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