Tag: Saudi Central Bank
SAMA approves 3 new FinTech startups to launch financial solutions
The Saudi Central Bank (SAMA) has permitted three new FinTech startups to test their innovative solutions in SAMA's regulatory sandbox.
"XSquare" and "NeotTek" are authorized...
Tabby to expand financial products with acquisition of Tweeq
Tabby, the MENA’s leading shopping and financial services app, has signed a definitive agreement to acquire Tweeq, a Saudi-based digital wallet licensed by the...
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 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...
SAMA issues rules to regulate BNPL companies
The Saudi Central Bank (SAMA) has issued 'Rules for regulating buy now pay later (BNPL) companies', as part of its role in supervising and...
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)...
Saudi’s SAMA & CBUAE sign MoU for mutual supervision of insurance...
The Saudi Central Bank (SAMA) and the Central Bank of the United Arab Emirates (CBUAE) have signed a Memorandum of Understanding (MoU), which aims...
Saudi SAMA opens public consultation on implementing payment laws
The Saudi Central Bank (SAMA) has opened a public consultation on the draft implementing regulation of payments and payment services law.
In the interest of...