SAMA Licenses “Modern Integrated Solutions Financing” Company to Engage in BNPL Activity”
SAMA Licenses “Modern Integrated Solutions Financing” Company to Engage in BNPL Activity”
Saudi Central Bank
Saudi Arabia's central bank.
SAMA Licenses “Modern Integrated Solutions Financing” Company to Engage in BNPL Activity”
SAMA: E-Payments Account for 85% of Total Retail Payments in 2025
SAMA Holds First Digital Transformation Committee Meeting with Financial Institutions in Banking Sector
SAMA Licenses “Atyoun Litqniyat AlMalumat WalIttisalat AlMubtakirah” Company to Provide Payment Services
SAMA Commences Licensing of Fintech Companies to Provide Open Banking Services
SAMA Licenses “Altknwlwjya aljadydh llhulul albrmjyh” and “lyn tknwlwjyz Company Saudi Arabia litqniyat nuzum almaelumat” to Provide Open Banking Services
SAMA Issues the Updated Oversight Framework of the Payment Systems and Their Operators
SAMA Licenses “Aij Company for Financing”
SAMA Licenses “Wukad Solutions for Aggregation Services” Company to Provide Finance Aggregation Services
SAMA Announces Opening of Applications for “Saudi Economists” Track Under SPP
SAMA Seeks Public Consultation on Draft Rules Regulating Cash Center Management and Operation
SAMA Licenses “alhulul almuntilaqa” Company to Provide Consumer Microfinance Solutions
With 40 Participants, SAMA Receives a Delegation from the Hong Kong Academy of Finance
Why this matters
This news article discusses a delegation visit from the Hong Kong Academy of Finance to the Saudi Arabian Monetary Authority (SAMA), which is the central bank of Saudi Arabia.
SAMA’s Decision on Repo and Reverse Repo Rates
Why this matters
This regulatory update from SAMA on changes to repo and reverse repo rates is relevant for banks and wealth managers as it impacts their funding and liquidity management. It also has implications for reporting and disclosure requirements.
SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity
Why this matters
This regulatory update announces that SAMA has licensed the 'Tabby finance' company to engage in Buy-Now-Pay-Later (BNPL) activities, which falls under the Payments & E-Money and Consumer Credit sectors.
SAMA Licenses “Darb Pay for Information Technology” to Provide Payment Services
Why this matters
This regulatory update announces that SAMA has licensed 'Darb Pay for Information Technology' to provide payment services, which is relevant for payment providers operating in Saudi Arabia.
SAMA Seeks Public Consultation on the Draft Update to the “Oversight Framework for Payment Systems and Their Operators”
Why this matters
This regulatory update from SAMA relates to the oversight framework for payment systems and their operators, which is relevant for payment providers. It covers topics around authorization and licensing as well as operational resilience, which are important for this sector.
SAMA Revokes the License of “Fas Finance Company”
Why this matters
This regulatory update from SAMA (Saudi Arabian Monetary Authority) regarding the revocation of the license of Fas Finance Company is relevant to banking and payments firms, particularly those operating in the Saudi Arabian market.
SAMA Hosts the FSB Plenary Meeting and EMDEs Forum
Why this matters
This news item discusses SAMA hosting the FSB Plenary Meeting and EMDEs Forum, which is likely to cover topics related to prudential requirements, operational resilience, and reporting for banks, asset managers, and wealth managers.
SAMA Hosts BIS Innovation Summit
Why this matters
This news item discusses a summit hosted by SAMA (Saudi Arabian Monetary Authority) focused on innovation, which is relevant to banking, payments, and crypto/digital assets sectors. The key topics covered are likely technology, licensing, and operational resilience given the nature of the event.
SAMA Licenses “Madd Balas” Company to Provide Debt-Based Crowdfunding Solutions
Why this matters
This regulatory update from SAMA licenses a company called 'Madd Balas' to provide debt-based crowdfunding solutions, which is relevant to the banking, investment management, and wealth management sectors. The topics covered include authorization and licensing, consumer protection, and prudential requirements.
Governor of SAMA: 2026 Budget Aims to Enhance Sustainable Economic Growth in the Kingdom
Why this matters
This regulatory update from the Governor of SAMA discusses the 2026 budget in Saudi Arabia, which aims to enhance sustainable economic growth. This is relevant for banking, investment management, and wealth management firms operating in the region, as it signals a focus on ESG, prudential requirements, and reporting.
SAMA Decision on Repo and Reverse Repo Rates
Why this matters
This SAMA decision on repo and reverse repo rates is relevant for banks and wealth managers as it impacts their liquidity management and funding operations. It also has implications for reporting and disclosure requirements.
SAMA Updates Implementing Regulation of Finance Companies Control Law
Why this matters
This regulatory update from SAMA relates to the implementing regulation of the Finance Companies Control Law, which impacts banks, fintechs, and payment providers operating in the Saudi Arabian financial sector. It covers prudential and licensing requirements, making it a medium urgency update for the relevant firms.
SAMA Issues Fees Guide for Financial Institutions’ Services
Why this matters
This regulatory update from SAMA (Saudi Arabian Monetary Authority) relates to the issuance of a fees guide for financial institutions' services, which impacts banking and payments sectors.
SAMA Introduces Electronic Check Clearing System (ECCS) Service on its Website
Why this matters
This update introduces a new electronic check clearing service by SAMA, which is relevant for banking, payments, and fintech firms in Saudi Arabia. It impacts operational resilience and technology/cyber aspects of these firms.