All News and Announcements

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News

Barq and Mastercard Collaborate to Transform Payment Technology in Saudi Arabia

The partnership aims to empower Barq’s customers through Mastercard Gateway by enhancing the payment acceptance capabilities across the Kingdom of Saudi Arabia.

News

Catalyst for “Transformative Change”: Female Entrepreneurship Fund Launched

The Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.

News

Paymentology and Mastercard Join Forces to Foster Financial Inclusions in Northern Central America

Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.

News

SAMA Licenses Fintech Company Loan to Provide Consumer Microfinance Solutions

With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.

News

IrisGuard Partners With Elm to Help Boost Financial Inclusion in the Developing World

The world's first Iris-enabled payment platform and a leading provider of innovative Government digital services collaborate for more efficient, inclusive and trusted distribution social protection payments.

News

SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023

Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.

News

Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador and Honduras

The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.

News

Bitcoin Is Part of the Pitch As El Salvador Courts IMF Deal

The cryptocurrency will lose its reputation as a speculative asset and prove its use as a legitimate payment system, central bank President Douglas Rodriguez said in an interview on Monday.

News

El Salvador Bitcoin Transfers Soar, but Still a Fraction of Dollar Remittances

Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars.

News

New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia

Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.