Tag: SAMA
Mastercard launches world-class technology infrastructure in Saudi Arabia
Mastercard, a leading global technology company in the payments industry, has launched world-class technology infrastructure in Saudi Arabia.
This pioneering technology will enable the processing...
SAMA unveils new govt banking services platform ‘Naqd’
The Saudi Central Bank (SAMA) has introduced ‘Naqd,’ a government banking services platform to enable government agencies to conveniently access their accounts at the...
SAMA licenses Hala Financing to offer debt-based crowdfunding solutions
The Saudi Central Bank (SAMA) has licensed Hala Financing in order to provide debt-based crowdfunding solutions.
With this new addition, there are now 11 authorized...
Stc pay to transform into STC Bank; Launches beta version
Stc pay has moved to the next phase of its transformation journey into STC Bank by launching its beta version.
The fintech company said in...
SAMA Governor & ECB President discuss developments in central banking
Saudi Central Bank (SAMA) Governor Ayman Al-Sayari has received European Central Bank (ECB) President Christine Lagarde at SAMA headquarters in Riyadh.
During the meeting, the...
Saudi Central Bank signs cooperation agreement with MAS
The Saudi Central Bank (SAMA) has signed a cooperation agreement with the Monetary Authority of Singapore (MAS) in the fields of fintech (finance technology)...
SAMA updates its regulatory sandbox framework to bolster fintech innovations
The Saudi Central Bank (SAMA) has updated the Framework of its Regulatory Sandbox in order to strengthen financial technology (Fintech) innovations.
The step was taken...
Saudi Central Bank adds 2 new Fintech firms under its Regulatory...
The Saudi Central Bank (SAMA) has granted permits to two new companies, 'Lean Technologies' and 'Mod5r' to provide open banking solutions, bringing the total...