Kuveyt Turk Named "Most Collaborative Bank" at Digital Finance Pioneers Awards
Kuveyt Turk, a leading Turkish participation bank, has been recognized as the "Most Collaborative Bank" at the “Digital Finance Pioneers” awards organized by KPMG Turkey and FINTR. The bank, through its API Market platform established in 2017, has collaborated with over 70 partners via 366 APIs.
Kuveyt Turk, a leading Turkish participation bank, has been recognized as the "Most Collaborative Bank" at the “Digital Finance Pioneers” awards organized by KPMG Turkey and FINTR. The bank, through its API Market platform established in 2017, has collaborated with over 70 partners via 366 APIs.
Kuveyt Turk, adding another accolade to its collection, has once again demonstrated its leadership in the Turkish banking sector. The KPMG Turkey and Financial Innovation and Technology Association (FINTR) co-hosted “KPMG & FINTR Digital Finance Pioneers” award ceremony took place in Istanbul. This event aims to bolster Turkey's role in the global FinTech arena. The “KPMG & FINTR Digital Finance Pioneers” awards celebrate banks and FinTech companies that lead the sector’s digital transformation, fostering innovation within the Turkish financial sector.
At the award ceremony, Kuveyt Turk was honored with the "Most Collaborative Bank" award, acknowledging its vision in open banking and service banking through the API Market Platform it has offered to the financial ecosystem since 2017. Dr. Selim Tastan, Kuveyt Turk’s Digital Transformation and Innovation Manager, attended the ceremony to receive the award.
Aslan Demir, Deputy General Manager Responsible for Strategy at Kuveyt Turk, commented on the award, stating, "Our customer-centric approach, innovation efforts, and steps taken towards digital transformation sustain our leading position in the sector. Since 2017, our actively functioning API Market platform has placed us among the leading banks providing the best services in the field of open banking. To date, over 3,000 developers have registered with the Kuveyt Turk API Market. Through the 366 APIs available on the API Market, we have partnered with more than 70 entities. We also collaborate with partners providing technology and trend analyses. We are among the financial institutions with the best and most comprehensive content in the API Market in terms of functionality and developer experience. We will continue to set milestones in open banking and initiate new collaborations."
Kuveyt Turk continues to enhance its contributions to the open banking ecosystem through its API Market established in 2017. Featuring 366 APIs, the Kuveyt Turk API Market was distinguished in the INNOPAY Open Banking Monitor 2023, being the only financial institution from Turkey categorized as “Masters in Openness” for its functional sophistication and experience. Additionally, Kuveyt Turk was named Turkey’s best bank in the “Best Open Banking APIs” category by the internationally renowned financial publication Global Finance in their “World’s Best Digital Banks 2023” awards.
This recognition reflects Kuveyt Turk's commitment to innovation and collaboration in the banking sector, emphasizing its leadership in integrating advanced digital solutions and fostering a collaborative financial ecosystem.
