Keep Up with Onftech - Newsletter July Edition

Keep Up with Onftech - Newsletter July Edition
Our CEO Osman Nuri Katib shares his thoughts on turning regulation into innovation and the emotional reality behind it. In his latest article, he reflects on the challenges and fulfillment of building in the RegTech space.
๐ Read the full article here

TWG Tanfeeth Roadmap: From Gateway to Ecosystem
TWG solidifies its position as the leading Tanfeeth gateway across the Kingdom, we are actively expanding its capabilities to support deeper integration, smarter workflows, and enhanced compliance alignment.
What’s Next for TWG:
- Archiving & Traceability Module: Enable audit-ready access and structured storage of Tanfeeth transactions
- Performance & Health Dashboard: Real-time visibility into TWG’s processing metrics and integration health
- Client-Specific Logic: More tailored routing, error handling, and reporting for diverse banking environments
These upgrades are designed not only to improve operational efficiency, but also to help banks future-proof their regulatory architecture.
To learn more, request a demo today! Link to Corporatesales@onftech.com

Successful launch GSAD: On QNB
GSAD , implementation and Certification with SAMA was completed successfully with QNB , GSAD is onftech bill payment solution that enables banks to :
- โ Streamline Bill Management – Automate and simplify SADAD bill processing
- โ Ensure Real-Time Processing – Guarantee instant transaction settlements for enhanced customer satisfaction
- โ Automate Reconciliation – Detect and resolve discrepancies efficiently, reducing operational risks
- โ Seamlessly Integrate Across Banking Channels – Connect with online banking, mobile apps, ATMs, and tellers
- โ Leverage the Most Advanced UI & Reporting – Experience an intuitive interface with comprehensive, real-time financial reports

A Bank’s Playbook to Establish Local Presence in Saudi Arabia
Whether you're a traditional or digital-only bank, operating in KSA means aligning with SAMA's regulatory, technological, and operational expectations.
From capital requirements to hosting infrastructure and real-time compliance reporting—every detail matter.
We’ve compiled a clear comparison and guide to help you navigate the journey.
๐ Read the full article here

๐ฅ Team Spotlight – Welcoming Our Newest Team Members
We’re excited to welcome Berkay Doฤan, Neha Jha, and Majid Basharat Qureshi to our team! Each brings unique expertise and fresh perspectives that will strengthen our journey ahead.
Their passion and talent align perfectly with our vision, and we look forward to achieving great milestones together.
Join us in giving them a warm welcome as they embark on this exciting new chapter with us!