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
All news and announcements from the SAMA (Saudi Arabia).
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 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 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 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 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.
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.