Live Updates
🇸🇦 SAMA News Urgency: medium

SAMA Licenses “Altknwlwjya aljadydh llhulul albrmjyh” and “lyn tknwlwjyz Company Saudi Arabia litqniyat nuzum almaelumat” 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

FintechPayment Provider

With 40 Participants, SAMA Receives a Delegation from the Hong Kong Academy of Finance

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.

BankWealth Manager
🇸🇦 SAMA News Urgency: medium

SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity

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.

FintechPayment Provider

SAMA Licenses “Darb Pay for Information Technology” to Provide Payment Services

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.

Payment Provider

SAMA Hosts the FSB Plenary Meeting and EMDEs Forum

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.

BankAsset ManagerWealth Manager

SAMA Hosts BIS Innovation Summit

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.

BankFintechCrypto Exchange
🇸🇦 SAMA News Urgency: medium

SAMA Licenses “Madd Balas” Company to Provide Debt-Based Crowdfunding Solutions

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.

BankFintech
🇸🇦 SAMA News Urgency: low

SAMA Introduces Electronic Check Clearing System (ECCS) Service on its Website

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.

BankFintechPayment Provider