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Sama approves Mala'a for open banking
The Saudi Central Bank, "SAMA," announced the issuance of a license to "Mil’aa Information Technology" to provide open banking-related payment services, bringing the total number of licensed companies in the sector to 33. This move is part of its efforts to support and develop the payments sector, enhance the efficiency of financial transactions, and encourage innovation. The goal is to promote financial inclusion and make financial services more accessible to all segments of society. You can verify the license and the licenses of companies through the "SAMA" official website.
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