Mastercard has joined forces with SingleView to extend enhanced corporate and commercial solutions throughout the region, leveraging SingleView technology. The collaborative agreement aims to empower enterprises in the Kingdom with secure access to advanced data capabilities.

Enhancing Corporate Solutions

Under this strategic partnership, Mastercard and SingleView will closely collaborate to facilitate businesses in unlocking the potential of data securely. By combining Mastercard's technology with SingleView's comprehensive suite of offerings, the alliance seeks to drive the evolution of B2B corporate solutions, fostering new growth opportunities for businesses across the region.

Maria Medvedeva, Country Manager for Saudi Arabia & Bahrain at Mastercard, highlighted: “Today, data plays an even more important role in empowering enterprises to become more efficient. We have partnered with SingleView to harness the power of insights to the benefit of our partners and the businesses we serve. We aim to leverage our resources to pioneer first-of-their-kind commercial and corporate solutions that support businesses to optimize their financial performance.”

Mastercard's Digital Economy Drive in Line with Saudi Vision 2030

Mastercard's focus on the development of an inclusive digital economy aligns with the objectives of regional national strategies such as Saudi Arabia's Vision 2030. The partnership with SingleView is poised to accelerate the digital transformation of financial services, enabling fintech companies and banks to harness consumer-permissioned data for enhanced efficiency, security, and transparency in financial operations.

SingleView's CEO, Abdulrhman Alarifi, expressed excitement: “At a time when businesses are faced with increasingly complex challenges, we believe working with an innovation-driven partner such as Mastercard will be key to unlocking potential, providing enterprises a competitive advantage through the unique combination of our respective resources. Ultimately, we aim to make the most of our solutions and Mastercard’s technology to boost businesses’ productivity.”