Saudi Central Bank

2 results about this entity

Period: 17 Jul 2024 - 06 Sep 2024

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Saudi Central Bank authorises fintechs to practice open banking

The Saudi Central Bank (SAMA) announces the authorization of “Seen Square Fintech” and “New Technology for Software Solutions” to practice open banking activities, and “Money Moon” to practice peer-to-peer financing activities, to operate under the legislative sandbox.

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Saudi Central Bank introduces Government banking services platform

The Saudi Central Bank (SAMA) has launched “Naqd,” a government banking services platform that provides easy access for government entities to their accounts at SAMA to conduct financial transactions through a secure digital platform.

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