Kaspersky and Codebase Technologies partner to strengthen cybersecurity in digital banking

Kaspersky has signed a Memorandum of Understanding (MoU) with Codebase Technologies, a UAE-based provider of digital banking platforms and fintech solutions operating across the Middle East.

The partnership will explore opportunities to develop integrated digital banking and fintech offerings enhanced with advanced cybersecurity capabilities for banks, financial institutions, fintech companies, and regulated entities across the region.

The collaboration combines Codebase Technologies’ Digibanc™ digital banking platform, implementation expertise, and regional market presence with Kaspersky’s cybersecurity technologies. The focus is on strengthening the security, resilience, and regulatory compliance of digital banking and fintech environments used by financial organizations.

By aligning their capabilities, the companies aim to help organizations address cybersecurity risks associated with digital financial services, including the protection of critical systems, fraud prevention, safeguarding sensitive data, and ensuring the reliability of customer operations in increasingly complex threat environments.

Rashed Al-Momani, General Manager at Kaspersky Middle East, commented on the partnership:

“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, added

“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.”