Fintech innovation advances through cross-border payments and open banking

Tito Guevara, a Filipino technology professional based in Al Khobar, Saudi Arabia, is working to address the complexities of cross-border financial transactions through SareePay. As Co-Founder, Chief Strategy Officer, and Head of R&D, Guevara applies an engineering background to develop more connected approaches to global financial activity.

Separately, the evolution of open banking is reshaping personal finance by allowing authorized third-party providers to access customer-approved account data. This technology enables consolidated views of multiple accounts, supporting budgeting, payments, and savings. Regulatory frameworks for these services vary globally, including PSD2 in the EU, HMRC options in the UK, and ongoing rule developments by the CFPB in the United States.