December 24, 2024 In a new step to enhance its financial services and expand its regional scope, Weyay Bank announces the launch of the “AFAQ” service, which is a qualitative leap in the field of bank transfers between the Gulf Cooperation Council countries. “AFAQ”, by linking the payment systems of the Gulf countries, enables financial […]
December 23, 2024 Saudi Arabia, Riyadh – EdfaPay is pleased to announce the obtaining of a technical license as a Mobile Point-of-Sale (Soft-POS) technology provider from the Saudi Central Bank (SAMA). This milestone aligns with EdfaPay’s continuous efforts to enhance digital innovation in the payments sector and provide advanced and secure technological solutions that meet […]
December 19, 2024 Riyadh, Saudi Arabia – alrajhi bank and Marriott Bonvoy, the award-winning global travel programme by Marriott International, announced the launch of the Marriott Bonvoy alrajhi bank Credit Card in Saudi Arabia. The new cobrand credit card provides unique benefits and rewards to travellers across every part of their travel journey as they earn […]
The Saudi Central Bank (SAMA) has granted its no-objection for D360, a licensed digital bank, to commence its banking operations in the Kingdom of Saudi Arabia. This milestone marks a significant step in the evolution of the Kingdom’s financial sector, paving the way for enhanced innovation and competition within the banking industry. This development aligns […]
RIYADH: Money20/20, the world’s leading fintech show and the place where money does business, is introducing its inaugural Middle East edition to take place in Riyadh, Saudi Arabia on September 15-17, 2025 at the Riyadh Exhibition & Convention Centre (RECC). Money20/20 Middle East will bring to Riyadh the brightest minds in fintech, as well as global […]
Riyadh, Saudi Arabia – Mastercard and Jeel — a subsidiary of Riyad Bank — are joining forces to enable digital and cutting-edge solutions such as AI to drive innovation in Saudi Arabia. Introducing the novel offering to the Kingdom, the collaboration will see the two entities work together to serve all non-banking financial institutions […]
Dubai, UAE – December 12, 2024: Audax, the digital banking solutions provider backed by Standard Chartered Bank, has announced a strategic partnership with Tuum, a leader in core banking technologies, to support financial institutions in their digital transformation journey. The collaboration aims to empower banks to modernize their systems, rapidly launch digital services, and expand […]
The Saudi Central Bank (SAMA) announced the launch of ‘Samsung Pay’ through the national payment system ‘mada’ in Saudi Arabia as part of its ongoing efforts to enhance the digital payments ecosystem in the Kingdom, aligning with the Saudi Vision 2030. This initiative aims to promote financial inclusion and expand the use of fintech solutions […]
Stake becomes the first platform to allow individuals from across the world to invest into real estate in Saudi Arabia. Riyadh, Saudi Arabia, December 9th, 2024: Stake, the leading global digital real estate investment platform in the Middle East and North Africa (MENA) region, today announced their official launch in the Kingdom of Saudi Arabia. […]
Cairo, Egypt – November 29, 2024 The National Security Services Company (SAFE), a leading entity under Saudi Arabia’s Public Investment Fund (PIF) spearheading transformation in the security services sector, has signed a memorandum of understanding (MoU) with Egypt’s eFinance, a premier fintech firm specializing in electronic payment and collection services. The announcement was made during the […]