3×
Higher Digital Adoption
Saudi banks that invest in end-to-end digital product design achieve vs. those with portal-only strategies
67%
Reduction in Fraud Losses
AI-powered real-time transaction monitoring vs. rule-based legacy fraud detection systems
5 days
→ 4 Hours Credit Decisions
AI-led credit risk analytics reduce average decision cycle time for Saudi banking institutions
What We Do

Saudi banking is transforming rapidly.
We engineer what comes next.

The financial services sector in Saudi Arabia is embarking on rapid digital innovation — driven by customer expectations and national Vision 2030 priorities. Crux Digital Banking & Financial Services Transformation helps institutions modernise core platforms, adopt AI-enabled risk analytics, and deliver seamless digital banking experiences.

From core banking modernisation to AI-powered credit decisioning, digital payments, and SAMA regulatory compliance automation — we deliver the full spectrum of financial services transformation with deep Saudi market expertise.

crux — banking-platform — core
~ crux-banking assess --target core-banking
✓ Core platform: 18yr legacy · modernisation mapped
✓ API coverage: 12% → target 94% via enablement
✓ SAMA compliance: 3 gaps identified · roadmap set
~ crux-banking deploy --model ai-credit-v3
✓ Credit model: 91.8% AUC · SAMA explainability ✓
✓ Decision time: 5 days → 4 hours automated
~ fraud-detection --mode realtime
█Monitoring: 2.4M transactions/day · 99.1% recall
Core Capabilities

Banking transformation capabilities.
Every financial services context.

Core Banking Modernisation

We help financial institutions transition from monolithic core banking systems to modern, API-enabled architectures — incrementally, with zero disruption to production operations.

  • Core system assessment — Technical audit of your core banking architecture, identifying modernisation priorities and compliance gaps.
  • API banking layer — REST and Open Banking API enablement over existing core systems — without requiring full core replacement.
  • Microservices extraction — Incrementally extract payment, account, and product modules as independently deployable services.
  • SAMA compliance engineering — Build compliance controls, audit trails, and regulatory reporting directly into the modernised architecture.
01
Core Modernisation Status
API Banking Layer
67 APIs exposed · SAMA certified
Payment Services
Extracted · ISO 20022 compliant
Account Module
Microservices · 99.99% uptime
SAMA Compliance
Audit trail · reporting automated

AI-Led Credit Risk Analytics

We design and deploy AI-powered credit risk models that improve decisioning accuracy, accelerate approval cycles, and meet SAMA's explainability and fairness requirements.

  • Credit scoring models — ML models trained on alternative data sources that improve approval rates while maintaining portfolio quality.
  • Explainable AI — LIME and SHAP-powered explanations that satisfy SAMA requirements and give applicants transparency.
  • Portfolio risk monitoring — Real-time model performance tracking, drift detection, and automatic retraining triggers.
  • SME lending automation — AI decisioning models specifically calibrated for Saudi SME loan underwriting at scale.
02
Credit AI Performance
Model Accuracy
91.8% AUC · SAMA approved
Decision Time
5 days → 4 hours automated
Approval Rate
+18% same-risk portfolio
Explainability
100% decisions explainable

Digital Payments & Wallet Solutions

We engineer modern payments infrastructure — from open banking APIs to digital wallets and real-time payment integrations — aligned with SAMA's Vision 2030 payments strategy.

  • Open banking APIs — PSD2-inspired open banking APIs that enable third-party integration and Saudi fintech ecosystem connectivity.
  • Digital wallet engineering — Full-stack digital wallet solutions — balance management, P2P, bill pay, and merchant payments.
  • Real-time payments — RTGS and AFAQ integration for instant payment rails with sub-second settlement.
  • Mada & SADAD integration — Native integration with Saudi national payment infrastructure for seamless domestic transactions.
03
Payments Platform
Transaction Volume
2.4M/day · 99.999% uptime
Avg Latency
47ms · well below SAMA SLA
SADAD Integration
Live · full bill pay coverage
Wallet MAU
847K active wallets

Real-Time Fraud Detection & Regulatory Compliance

We engineer AI-powered fraud detection and compliance automation systems that protect customers, reduce losses, and meet the full spectrum of SAMA, AML, and PDPL requirements.

  • Real-time transaction monitoring — Sub-100ms AI scoring of every transaction against multi-dimensional fraud signals.
  • AML transaction monitoring — Graph-based anomaly detection for money laundering patterns across complex transaction networks.
  • Regulatory reporting automation — SAMA, FATF, and GAZT reporting generated automatically from transaction data — zero manual preparation.
  • PDPL data governance — Customer data handling, consent management, and PII protection controls aligned with Saudi data law.
04
Risk & Compliance
Fraud Detection
99.1% recall · <50ms response
False Positive Rate
↓ 73% vs. rule-based legacy
AML Alerts
Auto-filed · 94% accuracy
PDPL Compliance
Fully implemented · audited
How We Deliver

Compliant. Intelligent. Customer-centric.

A compliance-first engagement model designed for the regulatory complexity and operational sensitivity of Saudi Arabia's financial services sector.

01
Assess & Comply
Banking architecture assessment, SAMA gap analysis, and regulatory compliance mapping before any transformation begins.
SAMA Gap AnalysisArchitecture AuditCompliance RoadmapRisk Assessment
02
Architect & Design
Target state architecture design for core banking, risk analytics, and digital product layers — SAMA-approved design patterns.
Target ArchitectureAPI DesignSAMA ReviewSecurity Design
03
Build & Integrate
Phased build and integration of modernised banking components — with core systems kept live throughout.
Core API LayerAI Model BuildPayment IntegrationRegulatory Hooks
04
Test & Certify
Rigorous testing against SAMA requirements, AML rules, and performance SLAs before any production deployment.
SAMA UATSecurity PentestPerformance TestingCompliance Certification
05
Launch & Monitor
Production launch with full monitoring, fraud surveillance, and SAMA reporting from day one.
Go-Live SupportFraud MonitoringSAMA ReportingContinuous Optimisation
Client Outcome
"Crux modernised our credit decisioning with AI in four months — taking approval time from 5 days to 4 hours while increasing approval rates by 18%. The SAMA explainability framework they built means every decision is now fully auditable. Our NPL ratio dropped 22% in the following year."
CR
Chief Risk Officer
Saudi Commercial Bank · Riyadh
-22%
NPL ratio reduction post AI credit decisioning
4 hrs
Credit decisions — down from 5 working days
+18%
Loan approval rate — same-risk portfolio maintained
100%
SAMA-compliant explainability on all AI decisions
Technology Stack — Best-in-class tools · No vendor lock-in
SAMA Compliant PDPL AML Open Banking ISO 20022 AFAQ SADAD Mada PSD2 Kafka Python MLflow SHAP LIME Kubernetes PostgreSQL Fraud Detection Credit AI Digital Wallet RegTech SAMA Compliant PDPL AML Open Banking ISO 20022 AFAQ SADAD Mada PSD2 Kafka Python MLflow SHAP LIME Kubernetes PostgreSQL Fraud Detection Credit AI Digital Wallet RegTech

Extend your financial services capability.

SVC / 01
AI Strategy & Intelligent Systems
Define the AI roadmap that governs which banking use cases to prioritise and how to govern AI responsibly.
Explore service
SVC / 05
Data Engineering & Analytics
Build the real-time data infrastructure that powers your credit models, fraud detection, and banking analytics.
Explore service
SVC / 09
Cybersecurity, Risk & AI Governance
Protect your banking infrastructure and govern AI models within SAMA's regulatory framework.
Explore service
// ready for digital banking

Transform financial services
for Vision 2030 Saudi Arabia.

SAMA-aligned. AI-powered. Customer-centric. Built for the regulatory complexity and competitive intensity of Saudi Arabia's fast-evolving financial services sector.

Start Your Banking Transformation Schedule a Financial Services Consultation