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Found 55 results in 937 milliseconds.

STC Bank launches in Beta

News | Online & Mobile Banking | 05 Apr 2024

STC Bank has announced the launch in Beta, as the financial institution received formal approval from the SAMA in order to continue its development journey. 

product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Navigating the sands of innovation: Open Finance in the GCC

Voice of the Industry | Online & Mobile Banking | 26 Feb 2024

Serena Sebastiani from PwC Middle East embarks on a journey through innovation in the GCC's financial sector with a focus on Open Finance. Discover the region's strategic evolution.

Open Banking, Open Finance, regulation, report

Paytm is considering the acquisition of Bitsila

News | Mobile Payments | 09 Feb 2024

India-based digital payments app Paytm has engaged in talks to acquire Bengaluru-based interoperable ecommerce startup Bitsila.

acquisition, digital payments, ecommerce, payments

Network International obtains payment licence from SAMA

News | Payments General | 01 Feb 2024

Network International has announced that it obtained a payment licence from the Saudi Central Bank in order to expand merchants acquiring business in KSA. 

regulation, payments , online payments, mobile payments, digital payments, ecommerce

PayTabs Group partners with Fintech Galaxy

News | Online & Mobile Banking | 22 Jan 2024

PayTabs Group has announced its partnership with Fintech Galaxy in order to optimise GCC’s fintech space with payment orchestration and Open Banking services.

partnership, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Tiqmo partners with Mastercard for prepaid cards

News | Payments General | 15 Jan 2024

Tiqmo, a fintech application licenced by the Saudi Central Bank (SAMA), has partnered with Mastercard to launch prepaid cards through its mobile application in the Kingdom of Saudi Arabia.

partnership, prepaid card, MasterCard, financial services, digital wallet

SingleView and Alinma Bank join forces

News | Online & Mobile Banking | 03 Jan 2024

SingleView has partnered with Alinma Bank to offer Open Banking solutions to corporations, institutions, and individuals in Saudi Arabia. 

Open Banking, banking, partnership, financial institutions, financial services, personal finance management

Spare secures USD 3 million investment

News | Online & Mobile Banking | 20 Dec 2023

Kuwait-based fintech Spare has closed a USD 3 million investment, in order to accelerate the optimisation of Open Banking services in the Middle East region. 

funding, investment, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions

SAMA issues rules for regulating BNPL companies

News | Ecommerce | 18 Dec 2023

Saudi Central Bank has announced the issuance of Rules for Regulating Buy Now Pay Later Companies, as part of its role in supervising the BNPL companies.

BNPL, regulation, ecommerce, financial services, compliance

Tamara secures USD 340 million in Series C funding

News | Payments General | 18 Dec 2023

Tamara has announced the raise of USD 340 million in a Series C funding round to launch new products and target opportunities in Saudi Arabia and across the GCC. 

funding, investment, payments , online payments, mobile payments, digital payments, ecommerce

SAMA Approves Jeel Pay for BNPL services

News | Payments General | 11 Dec 2023

The Saudi Central Bank (SAMA) has allowed fintech Jeel Pay to provide Buy Now, Pay Later solutions in the West Asian country.

BNPL, regulation, central bank, fintech, payment methods

SAMA to release new regulatory framework for Open Banking

News | Online & Mobile Banking | 05 Sep 2023

Saudi Central Bank has announced the plan to issue a new regulatory framework for Open Banking in Q4 2023, for the payment origination services.

product launch, mobile banking, online banking, digital banking, banking, Open Banking, Open Finance

Spare secures KSA Open Banking certification

News | Online & Mobile Banking | 03 Jul 2023

Kuwait-based fintech Spare has obtained the KSA Open Banking certification, based on the Open Banking Framework released by the Saudi Central Bank.

certification, Open Banking, Open Finance, mobile banking, digital banking, online banking

Tarabut Gateway completes KSA Open Banking certification

News | Online & Mobile Banking | 31 May 2023

UAE-based Open Banking platform Tarabut Gateway has announced that it has completed the KSA Open Banking certification and that it will launch new services. 

certification, online banking, digital banking, mobile banking, banks, Open Banking, Open Finance

D360 partners Thunes for instant cross-border payments

News | Payments General | 24 May 2023

Payments company Thunes has partnered with Saudi Arabia-based digital bank D360 Bank to power instant cross-border payments across MENA and key global markets.

partnership, payments , B2B payments, instant payments, cross-border payments, mobile payments, remittances, fintech, financial services, paytech, expansion, digital banking, ecommerce, SMEs, transactions , cashless

Tarabut Gateway secures USD 32 mln Series A for Open Banking in Saudi Arabia

News | Online & Mobile Banking | 03 May 2023

MENA-based Open Banking platform Tarabut Gateway has announced the successful completion of a USD 32 million Series A funding round. 

investment, Open Banking, fintech, Open Finance, Open Data Economy

Confronting the infrastructural payment challenges of the MENA region

Voice of the Industry | Online Payments | 23 Feb 2023

Vladimir Kuiantsev, Managing Partner at Akurateco, elaborates on the benefits of confronting the infrastructural payment challenges of the MENA region with an on-premise white-label payment orchestration platform.

cross-border payments, ecommerce, payments orchestration, payment methods, fintech, marketplace, local payment method

Arab Financial Services partners with Brankas

News | Online & Mobile Banking | 13 Feb 2023

Arab Financial Services (AFS) has appointed Brankas, a Singapore-based fintech, to provide new Open Finance infrastructure in the Middle East and Africa.

partnership, Open Finance, fintech, embedded finance, financial inclusion

Saudi Central Bank rolls out Open Banking Lab

News | Online & Mobile Banking | 04 Jan 2023

The Saudi Central Bank (SAMA) has rolled out the Open Banking Lab which follows the Open Banking Framework issued by SAMA in November 2022, according to Fintech Finance News.

Open Banking, regulation, fintech, central bank

Open Banking in the GCC: picking up pace

Voice of the Industry | Online & Mobile Banking | 14 Dec 2022

Serena Sebastiani from PwC Middle East shares insights into the Open Banking state of affairs in the Gulf Cooperation Council (GCC) region.

Open Banking, Open Finance, Open Data Economy, regulation