Doha Bank launches API product for seamless corporate banking

The API banking product enables corporate clients to securely transmit transaction data from their ERP systems to Doha Bank’s core banking system for efficient processing

Doha Bank has unveiled its new API (application programming interfaces) banking product, tailored to streamline and enhance the banking experience for corporate clients.
It is one of the first in Qatar to launch open banking services for transactional and reconciliation services. In line with its commitment to innovation and digital transformation, this features transaction processing, transactional status updates, and reconciliation reporting APIs; providing businesses with seamless connectivity to the core banking system.
“The introduction of our API Banking product represents a pivotal milestone in Doha Bank’s digitalisation journey. This innovative solution empowers our corporate clients with secure, efficient, and always-on access to our banking services, reinforcing our position as a leader in financial technology and corporate banking,” said Sheikh Abdulrahman bin Fahad bin Faisal al-Thani, Group chief executive officer of Doha Bank.
The API banking product enables corporate clients to securely transmit transaction data from their enterprise resource planning (ERP) systems to Doha Bank’s core banking system for efficient processing. Through the same integration, clients receive real-time updates on transaction statuses, ensuring they remain informed and in control of their operations.
Additionally, the solution automates reconciliation processes by delivering detailed reports such as MT940 directly to ERP systems, reducing manual intervention and improving accuracy.
Doha Bank’s API banking product offers businesses an advanced, end-to-end encrypted solution that ensures security, efficiency, and continuous connectivity. It is designed to enhance corporate banking operations and aligns with the Bank’s broader mission to leverage digital innovation to elevate client experiences while supporting Qatar’s vision for technological advancement.