6 results about this entity
Period: 14 Feb 2018 - 13 Apr 2023
Company announcement/payments
The Saudi Central Bank (SAMA)’s investment into enhancing its payment infrastructure is paying off as it has exceeded the 60% retail e-payment target set by the Financial Sector Development Program (FSDP), latest figures show.
13 April 2023
News/crypto
The Saudi Central Bank is running tests on a domestic wholesale digital currency in collaboration with local banks and fintechs.
26 January 2023
Company announcement/regulation
The Saudi Arabian Monetary Authority (SAMA) announced that it has Permitted 9 FinTech Companies as a new batch to operate in the Regulatory Sandbox.
21 April 2020
Finablr network brand BayanPay, a Saudi Arabia-based digital payment solutions provider, has been awarded a payment services provider licence by the Saudi Arabian Monetary Authority (SAMA).
26 February 2020
News/payments
The central banks of Saudi Arabia and the United Arab Emirates are to trial a common digital currency aimed at lowering the costs of remittance transfers between the two countries.
29 January 2019
News
Ripple has signed an agreement with the Saudi Arabian Monetary Authority (SAMA) to create a pilot programme in support of KSA banks who choose to use xCurrent to instantly settle cross-border payments.
14 February 2018
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.