Qatar Central Bank Unveils Digital Assets Lab

The Qatar Financial Centre (QFC) has unveiled the QFC Digital Assets Lab, powered by Qatar Central Bank. The Digital Assets Lab is the inaugural programme to be launched under the Innovation Dome, an innovative platform that fosters transformative initiatives, aiming

Read More Expands to Qatar announced the expansion of the International Shopping experience to Qatar, allowing local customers to browse and shop hundreds of thousands of eligible products that will be shipped to them from the UAE. Making it easier than ever for customers

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Qatar Issues eKYC Identity Verification Rules

Qatar Central Bank (QCB) issued Sunday the electronic Know Your Customer (eKYC) procedures, in a bid to regulate and improve the customer identity verification digitally. This move comes in line with the financial sector and financial technology strategies based on

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Qatar Central Bank Issues Loan-Based Crowdfunding Regulation

In line with the financial sector strategy and the Fintech Qatar strategy, and based on Qatar Central Bank’s permanent endeavor to regulate and develop the financial sector in the country, Qatar Central Bank issued instructions for the Loan-Based Crowdfunding Regulation,

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Qatar Central Bank Grants License to 7sab Bringing Total Number of Approved Digital Payment Fintechs to 10

The Qatar Central Bank (QCB) has granted a license to 7sab, allowing the startup to provide digital payment services in the country. The move brought the number of fintech companies permitted to provide digital payment services in Qatar to ten.

Read More Raises US$250 Million Series D Led by Qatar Investment Authority, a London-based AI-powered composable software platform for app development, announced that it has raised US$250 million in Series D funding round led by Qatar Investment Authority (QIA), the Qatar’s sovereign wealth fund. This brings’s total funds raised to

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Qatar National Fintech Strategy Seeks to Triple Number of Licensed Fintechs by 2027

Launched on 7. March by the country’s central bank, the Qatar Fintech Strategy 2023 is looking to turn the nation into a technologically advanced state and a fintech powerhouse, with the broader ambition of boosting economic growth and making Qatar

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Qatar Sees Increased Traction from International Fintech Companies

Though less developed than neighboring countries including the United Arab Emirates (UAE) and Saudi Arabia, Qatar’s fintech industry has continued to grow and attract international businesses over the past year. Owing to continuous support from regulators and several initiatives introduced

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Temenos Partners With NdcTech to Expand Its Market Reach in the Gulf Region

Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners. This will allow NdcTech to further develop and market the

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Visa to Pilot Facial Biometric Payments At FIFA World Cup Qatar 2022

Visa announced that it will pilot payment innovations such as instantly-issued prepaid cards and facial biometric payments at the upcoming FIFA World Cup Qatar 2022. To this end, the company has installed 5,300 contactless-enabled payment terminals at official FIFA venues,

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