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Find here all the latest articles, news, and research on SAMA and other SAMA-related topics:

Find here all the latest articles, news, and research on SAMA and other SAMA-related topics:

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Saudi Central Bank launches instant payment system

News | Online Payments | 22 Feb 2021

The Saudi Central Bank (SAMA) has launched the ‘sarie’ instant payment system.

Saudi Central Bank, SAMA, Sudi Arabia, instant payments, financial inclusion, sarie, online payments

Saudi Arabia to go live with Open Banking in 2022

News | Online & Mobile Banking | 25 Jan 2021

The Saudi Arabian Monetary Authority (SAMA) is launching a framework for Open Banking in the kingdom, allowing for a new direction in the sector.    

Saudi Arabia, Open Banking, SAMA, digital banking, API, Open Data, fintech, Open Finance

Saudi Arabia shifts towards ecommerce and digital transactions, reveals report

News | Online Payments | 18 Aug 2020

Oxford Business Group (OBG) has released, in partnership with Saudi Payments, a report that reveals a shift towards ecommerce and digital transactions in the Kingdom.

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

COVID-19 impact on Saudi Arabian banks might last up to nine months – KPMG study

News | E-invoicing, SCF & E-procurement | 28 Apr 2020

A report released by KPMG Saudi Arabia has revealed the impact COVID-19 has on the banking sector and the potential countermeasures to cope with the new normal.

bank, digital transformation, COVID-19, coronavirus, KPMG, report, banking, SMEs, retail banking, credit card, mortgage, liquidity, cyber risk, SAMA

SAMA raises e-wallet top-up limit to 4.800 EUR

News | Mobile Payments | 26 Mar 2020

The Saudi Arabian Monetary Authority (SAMA) has decided to raise the allowed top-up of the monthly ceiling limit for e-wallets up to 4.800 EUR (20.000 SAR). 

SAMA, e-wallet, top-up, SAR, digital payments, COVID-19, PSPs