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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.
Companies In This Post
- Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds Read more
- Thunes Expands Real-Time Cross-Border Payments to Saudi Arabia Read more
- Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance Read more
- Sis ID Expands Its Anti-Fraud Solution With Coverage Across 211 Countries Read more
- Azentio Reimagines Speed and Personalization for Retail, Small and Medium Enterprises (SME), and Corporate Lenders With Its Next-Gen Loan Origination Offering Read more
Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds
Chest is inviting young people to join its 1200-strong community lining up to be amongst the first to open a Chest pension
Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance
Dotfile announced Dotfile Autonomy, the industry‑first fully autonomous AI platform for Know Your Business (KYB) case review
Azentio Reimagines Speed and Personalization for Retail, Small and Medium Enterprises (SME), and Corporate Lenders With Its Next-Gen Loan Origination Offering
Azentio has launched Loan Origination, its next-generation product that redefines how FIs scale credit ops across retail, SME, and corporate
Delfi Launches Optimal Duration Index (ODIN): A New Compass for Lending Decisions
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Apiture Wins 2025 Finovate Awards “Best SMB/SME Banking Solution”
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BIMBANK Deploys BPC’s Advanced SmartVista Enterprise Fraud Management Solution to Become Mauritania’s Leader in Real-time Fraud Protection
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L&G App is Now the Highest-rated Workplace Pension app in the UK
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Fintech Startup Chest Set to Launch New Pension App That Turns Savings From Everyday Spending Into Future Retirement Funds
Chest is inviting young people to join its 1200-strong community lining up to be amongst the first to open a Chest pension
Thunes Expands Real-Time Cross-Border Payments to Saudi Arabia
Thunes has announced the rollout of real-time cross-border payments into Saudi Arabia
Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance
Dotfile announced Dotfile Autonomy, the industry‑first fully autonomous AI platform for Know Your Business (KYB) case review
Sis ID Expands Its Anti-Fraud Solution With Coverage Across 211 Countries
Sis ID is pressing ahead with international expansion by extending its coverage to more than 200 countries worldwide
Azentio Reimagines Speed and Personalization for Retail, Small and Medium Enterprises (SME), and Corporate Lenders With Its Next-Gen Loan Origination Offering
Azentio has launched Loan Origination, its next-generation product that redefines how FIs scale credit ops across retail, SME, and corporate
Swift AI Innovation Creates Blueprint for Banks to Stop Fraud Faster Through Cross-Border Collaboration
Swift have demonstrated the potential impact AI and cross-border data collaboration could have on reducing fraud in international payments
Increased Options for Investors as Investa, the UK’s First Zero-Commission Options Trading App, Launches
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