Dubai, Aug 14, 2023

Global Software Solutions Group is proud to announce its strategic partnership with Fiorano, a pioneering force in the banking and financial services modernization domain. This collaboration signifies a significant step in GSS Group's commitment to expanding its presence and delivering cutting-edge technology solutions to the UAE and the broader Middle East region.

With over two decades of experience in revolutionizing banking and financial services, Fiorano is renowned for its innovative approach to modernization. As the UAE and GCC region increasingly adopt Open Banking/Open Finance initiatives and adhere to payment standards like ISO 20022, Fiorano brings its unique technology and compliance accelerators to support regional compliance and monetization efforts in API banking and payments.

Biju Suresh Babu, Managing Director Banking at Fiorano, expressed his enthusiasm for the partnership, stating, "We are proud to be partnering with GSS Group as we expand successful collaborations in the Middle East. With the group's solid foundations, extensive network, and rich experience in the sector, this collaboration is a perfect match as the UAE and GCC start to embrace Open Banking and ISO 20022 payments standards."

The UAE banking market has been at the forefront of Open API-based modernization, with Open Finance being one of the nine key priorities announced by the Central Bank of UAE. GSS Group and Fiorano, with their expertise in this domain, are well-positioned to drive this transformative agenda in the region.

Mahmoud AbuEbeid, Co-Owner and CEO of GSS Group, shared his excitement about the partnership, stating, "We are delighted to partner with a world-class software company such as Fiorano in the Open banking, API lifecycle management, and ISO 20022 domains. Together, GSS and Fiorano will help accelerate the UAE government's far-reaching vision to revolutionize the banking industry."

This partnership between GSS Group and Fiorano is a testament to both organizations' commitment to innovation, compliance, and driving digital transformation in the banking and financial services sector in the UAE and the wider Middle East region.