Tag "qatar central bank"
Qatar Will Launch Instant Payments in March
Qatar Central Bank (QCB) has called on the local banks to adjust their status as part of its preparations to launch the instant payment service (Fawran) in March 2024. The service is within the QCB‘s pioneering and innovative initiatives in
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Qatar Central Bank Starts Receiving Applications for Loan-Based Crowdfunding Service Providers
Qatar Central Bank (QCB) has started to receive the applications for licensing and regulating the loan-based crowdfunding service providers in conformity with the strategy of financial sector and fintech in Qatar. The bank is permanently committed to regulating and developing
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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 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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Ooredoo and iPay by Vodafone Awarded Qatar’s First Digital Payment Licenses
Qatar Central Bank (QCB) has issued the country’s first digital payment licenses to Ooredoo Money and iPay by Vodafone Qatar. The announcement was made in a tweet on 30 August 2022 that said that the issuance was made “to contribute
Read More4 Things You Need to Know About Qatar Development Bank’s Fintech Incubator
In a nation where a majority of the labour force is in one way or another working with the government, there is a dearth of entrepreneurs with innovative ideas. As a result, the fintech scene in Qatar has seen some
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