Golden future for fintech revolution

The digitalization drive in Saudi Arabia continues to accelerate as increasing numbers of companies harness the speed and efficiency of state-of-the-art hardware and software, with this positive trend most evident in the banking and financial services industries. Secure and streamlined frameworks have been designed to match global fintech benchmarks, with the Saudi Arabian Monetary Authority (SAMA) taking the best components of regulations from world-class financial centers including Singapore and London.

Th rough fully owned subsidiary Saudi Payments, SAMA had a leading role in the creation of a safe, reliable, low-cost and efficient system for financial transactions and card payments

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