In a significant move for the digital banking sector, Kaspersky has partnered with Codebase Technologies to enhance cybersecurity measures within financial services. This collaboration, formalized through a Memorandum of Understanding, aims to integrate advanced security features into digital banking platforms. The analytical report published in the material substantiates the following: enhanced security is crucial for maintaining customer trust and preventing cyber threats in the evolving financial landscape.
Partnership Announcement
On January 21, 2026, Kaspersky, a leading global cybersecurity firm, announced its partnership with UAE-based Codebase Technologies, known for its innovative digital banking solutions. The primary goal of this collaboration is to explore and implement integrated digital banking and fintech offerings that are fortified with Kaspersky's advanced cybersecurity technologies.
Focus of the Collaboration
The partnership will focus on combining Codebase Technologies' Digibanc platform with Kaspersky's robust cybersecurity solutions, thereby enhancing the security and compliance of digital banking environments. Rashed Al-Momani from Kaspersky underscored the critical need for cybersecurity integration in digital banking, while Tamer Al-Mauge from Codebase emphasized the growing demand for sophisticated security capabilities in their services.
Memorandum of Understanding
This Memorandum of Understanding sets the stage for a collaborative effort aimed at better protecting financial institutions from the ever-evolving landscape of cyber threats. It ensures that both companies can deliver safer and more reliable banking experiences to their clients.
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