Driving the Open Finance Era: Lean Technologies and Ziina Unveil Next-Gen Payments at ”Pay by Bank” Summit
Amid rapid regulatory advancements and growing institutional interest in the UAE’s open finance sector, Lean Technologies and Ziina have successfully collaborated to introduce the region's first recurring "One-Tap Pay by Bank" functionality. The announcement was made during Lean’s premier digital payments event, "Pay by Bank: The Default Way to Pay", attended by over 150 top executives, regulators, and experts across the banking and fintech sectors.
Executive Perspectives on Market Evolution: During the event, industry leaders highlighted how this launch transitions the market from merely providing alternative payment methods to building fully integrated, frictionless consumer experiences.
Omar Hamada, VP of Sales at Lean Technologies: "While 'Pay by Bank' has been available in the UAE for single transactions, our collaboration with Ziina proves that our current infrastructure can support low-effort, recurring payment experiences. This is the kind of seamless service that integrates a payment method into a user's daily behavior, representing the next definitive phase for the region's digital payments market."
Talal Toukan, Co-founder and Head of Engineering at Ziina: "Modern users expect financial services to be as intuitive as the best daily consumer tech apps. Wallet top-ups are among the most frequent actions within Ziina. By partnering with Lean, we drastically reduced the steps required to execute this process, making money management faster, smoother, and completely frictionless for our users."
A Maturing Ecosystem: The successful rollout of this feature underscores the rapid acceleration of the UAE’s open finance ecosystem. Driven by progressive regulatory frameworks and a collective push for innovation, financial institutions and tech companies are increasingly aligning to deliver faster, highly efficient, and zero-friction financial solutions.