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SAMA: STC Bank Launches its Banking Operations in the Kingdom
The Saudi Central Bank (SAMA) granted “STC Bank,” a licensed digital bank, no objection to commence its banking operations in the Kingdom.
This development aligns with SAMA’s strategy to promote digital transformation and competitiveness within the banking sector while safeguarding monetary and financial stability.
SAMA remains committed to strengthening the banking sector’s resilience, enhancing its attractiveness, and increasing its contributions to achieving Saudi Vision 2030 and its national aspirations. This includes enabling entrepreneurs and financial institutions to provide innovative financial services to the Saudi markets.
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AYU Alternative Investment Network Launches Direct Capital Matching Service
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State Bank of Texas Launches New Digital Banking Platform Powered by Alkami
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Synechron Partners with Cognition to Bring Autonomous AI Engineering to Global Financial Institutions
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Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments
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Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility
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ING’s AI Roadmap: Platform, People, and Agentic AI
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UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year
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TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales
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AYU Alternative Investment Network Launches Direct Capital Matching Service
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