Payments & E-Money regulatory updates from Saudi Arabia.
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 “Wukad Solutions for Aggregation Services” Company to Provide Finance Aggregation Services
SAMA Seeks Public Consultation on Draft Rules Regulating Cash Center Management and Operation
SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity
SAMA Licenses “Darb Pay for Information Technology” to Provide Payment Services
SAMA Seeks Public Consultation on the Draft Update to the “Oversight Framework for Payment Systems and Their Operators”
SAMA Revokes the License of “Fas Finance Company”
SAMA Hosts BIS Innovation Summit
SAMA Updates Implementing Regulation of Finance Companies Control Law
SAMA Issues Fees Guide for Financial Institutions’ Services
SAMA Introduces Electronic Check Clearing System (ECCS) Service on its Website