Saudi’s SAMA licenses new finance aggregation service provider

Saudi’s SAMA licenses new finance aggregation service provider

Saudi's SAMA licenses new finance aggregation service providerWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>BUSINESS>Fintech>Saudi's SAMA licenses ne...PHOTORiyadh: The Saudi Central Bank (SAMA) licensed “Intelligent Solutions” to provide finance aggregation services, and with this license, there will be two authorized companies providing finance aggregation services in Saudi Arabia. The decision reflects SAMA’s endeavor to support the finance sector, increase efficiency of financial transactions, and promote innovative solutions for financial inclusion in Saudi Arabia. SAMA emphasizes the importance of dealing exclusively with authorized financial institutions. To view licensed and permitted financial institutions, visit SAMA's official website.MOST READ1.Abu Dhabi’s Mubadala invests in Swiss longevity biotech firm Rejuveron 2.GCC banks to experience a slowdown in credit growth due to high interest rates 3.Dubai’s secondary home sales drop 10.2%; rent hikes moderate 4.Uganda issues first Islamic banking licence to unit of