Discover all the payments and fintech-related news and analysis about Saudi Arabia in The Paypers News, Reports, along with other Saudi Arabia-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Saudi Arabia in The Paypers News, Reports, along with other
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Spotii, UAE, Saudi Arabia, expansion, buy-now-pay-later, retailers, merchants
Oxford Business Group, OBG, Saudi Payments, report, ecommerce, digital transactions, Saudi Arabia, COVID-19 Response Report, CRR, COVID-19, purchasing behaviour, fintech, Saudi Arabia Monetary Authority, SAMA
Nisbah Capital, Tezos, Saudi Arabia, blockchain, ecosystem, Taibah Valley, Exaion, EDF, corporate baker, baker, decentralisation, MENA, MEA
Sberbank, trade finance, International Islamic Trade Finance Corporation, ITFC, Trade Solution, banks, Switzerland, Russia, Egypt
BNPL, ecommerce, funding
Saudi Arabia-based money management company Tweeq has chosen France-based augmented Identity company IDEMIA for card issuance and personalisation services.
credit card, debit card, IDEMIA, partnership, fintech, digital payments
The Saudi commerce ministry has referred 200 online stores to the E-commerce Violations Committee in the country to impose legal penalties for violating compliance standards.
ecommerce, ecommerce platform, digital payments, online payments, payment methods, local payment method, regulation, compliance
Western Union has entered into a definitive agreement to acquire a minority stake in Saudi Digital Payments Company, or stc pay, a fully owned subsidiary of Saudi Telecom Company.
acquisition, Western Union, STC Pay, digital wallet, cross-border payments, remittance
online payments, SMEs, loyalty programme, marketplace
France-based technology company Thales has signed a MoU with stc (Saudi Telecom Company) to collaborate on a broad range of technologies, including e-SIMs and smart cities.
digital identity, cybersecurity, mobile payments, biometrics, digitalisation, partnership
The Saudi Central Bank (SAMA) has announced the licensing of a new company, Mobil Pay, for financing and electronic payments.
Saudi Central Bank, certification, regulation, financial inclusion, digital wallet
The Saudi Central Bank (SAMA) has banned Saudi local banks from allowing the opening of accounts by entities that are involved in illegal operations.
central bank, regulation, money laundering, KYC
MoneyGram has partnered with Al Rajhi Bank, a large Islamic bank, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia.
MoneyGram, Al Rajhi Bank, cross-border payments, Saudi Arabia, remittances, money transfers, mobile payments, partnership
Dubai, Dubai International Financial Center, fintech, startups, FlexxPay, rise, Now Meny, Sarwa, fintech fund, Middle East, Africa, South Asia, financial
MoneyGram has launched its money transfer capabilities on mobile wallet Mobily Pay to enable people in Saudi Arabia to send money in near real time.
money transfer, remittance, digital wallet, partnership, digitalisation, API
Saudi Central Bank, SAMA, Sudi Arabia, instant payments, financial inclusion, sarie, online payments
bank, digital transformation, COVID-19, coronavirus, KPMG, report, banking, SMEs, retail banking, credit card, mortgage, liquidity, cyber risk, SAMA
STC Pay, Thales, partnership, contactless payments, card payments, mobile wallet, POS, ATM, ecommerce, withdrawals, Saudi Arabia
Saudi Payments (Mada), which operates under the supervision of the Saudi Central Bank, has granted permission to fintech Neo Leap to handle transactions through its payment system.
partnership, payment processing, online payments, payment gateway, e-wallet
Tweeq, partnership, MasterCard, Paymentology, online payments, digital payments, cards