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The Saudi British Bank has launched an instant cross-border transfer service for the US corridor through the blockchain payment technology powered by Ripple. The launch of this service was announced during the fifth edition of the Future Investment Initiative, lead by the Public Investment Fund, held on Oct. 26-28 in Riyadh. Ripple-powered solutions continue to be part of
Page Not Found | ZAWYA MENA Edition
Page Not Found | ZAWYA MENA Edition
Saudi Arabia is implementing several measures to ensure the smooth digital transformation of its economy. The success of these steps can be gauged by the fact that the Kingdom recently reported a very high adoption rate of contactless payments through near-field communication (NFC) with 94 percent — the highest in the Middle East and North Africa, above the EU’s average and
Etihad Etisalat (Mobily), a leading telecom group in Saudi Arabia has selected global networking leader Ericsson to launch a financial services arm and provide solutions for Saudi customers.