SAMA Announces Issuance of Second Version of Open Banking Framework

Saudi: SAMA Announces Issuance of Second Version of Open Banking Framework

Riyadh, September 2, 2024 — The Saudi Central Bank (SAMA) has officially announced the release of the second phase of its Open Banking Framework, focusing on the Payment Initiation Service (PIS). This latest development marks a significant step forward in SAMA’s ongoing efforts to strengthen the Kingdom’s fintech ecosystem. The introduction of PIS under the […]