All News and Announcements
Barq and Mastercard Collaborate to Transform Payment Technology in Saudi Arabia
The partnership aims to empower Barq’s customers through Mastercard Gateway by enhancing the payment acceptance capabilities across the Kingdom of Saudi Arabia.
SAMA Licenses Fintech Company Loan to Provide Consumer Microfinance Solutions
With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.
IrisGuard Partners With Elm to Help Boost Financial Inclusion in the Developing World
The world's first Iris-enabled payment platform and a leading provider of innovative Government digital services collaborate for more efficient, inclusive and trusted distribution social protection payments.
SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023
Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.
Aden Bank for Microfinance Is to Launch Its Operations and Contribute to Achieving Financial Inclusion
The bank will work in partnership with local banks and financial institutions using best practices in microfinance for provision of Islamic banking services, and will apply an integrated system of financial and non-financial services to support value and supply chains for MSMEs.
Launching the Pilot Phase of Eamar Microfinance as the First Digital Microfinance Platform in Yemen
The initiative aims to help clients and communities by providing blended financial and non-financial digital services including advisory services, training and more to assure ease of access to e-money and transfers for its customers.
YCASH Enrolls in New Partnerships with Humanitarian Agencies and Deploys Humanitarian Transfers Platform and a National Digital Wallet
The Humanitarian Transfers Platform enables humanitarian agencies to execute transfers directly to their interventions beneficiaries without a third party.
YCASH Door to Door Payment Method as a Response for COVID-19 and Humanitarian Context in Yemen
The National Cash Transfer Company piloted the Door to Door Payment method as a response to the new challenging context and a preventive measure for coronavirus-related risks.
New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia
Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.
Saudi Arabian Savings App Hakbah Forms Partnership With Visa
The solution offers customers a convenient and simple method for Savings Groups’ habit.