Latest news with #FinTechStrategy
Qatar Tribune
31-07-2025
- Business
- Qatar Tribune
Qatar Central Bank grants Express Sandbox entry approval to Paywise LLC (Dibsy)
Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. In a post on the X platform, QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank's broader efforts to develop and regulate the FinTech ecosystem in the country. This move also underscores QCB's commitment to fostering the financial sector and advancing the objectives outlined in the Third Financial Sector Strategy. It is important to note that entry into the regulatory sandbox does not equate to full-scale licensing approval; however, the applicant is considered an Authorized FinTech Express Sandbox Participant for the purposes of regulatory activities carried out by the FinTech entity.
ILoveQatar.net
30-07-2025
- Business
- ILoveQatar.net
Qatar Central Bank approves entry of Paywise LLC (Dibsy) into its Express Sandbox program
Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. مصرف قطر المركزي يوافق على انضمام شركة باي وايز ذ.م.م (دبسي) إلى البيئة التجريبية التنظيمية المسرعة. #مصرف_قطر_المركزي — مصرف قطر المركزي (@QCBQATAR) July 30, 2025 QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank's broader efforts to develop and regulate the FinTech ecosystem in the country. This move also underscores QCB's commitment to fostering the financial sector and advancing the objectives outlined in the Third Financial Sector Strategy. It is important to note that entry into the regulatory sandbox does not equate to full-scale licensing approval; however, the applicant is considered an Authorized FinTech Express Sandbox Participant for the purposes of regulatory activities carried out by the FinTech entity.
Qatar Tribune
14-07-2025
- Business
- Qatar Tribune
Qatar Central Bank grants sandbox entry approval to TrustIn Limited
Doha In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Bank's efforts to develop and regulate the FinTech ecosystem in the country, the Qatar Central Bank (QCB) has granted sandbox entry approval for Trustln, which offers a Digital Escrow Platform. This step highlights QCB's commitment to fostering the financial sector and advancing the objectives of the Third Financial Sector Strategy. It is important to note that entry into the regulatory sandbox does not equate to full-scale licensing approval; however, the applicant is considered an Authorised FinTech Sandbox Participant for regulatory activities by the FinTech entity.
Qatar Tribune
13-07-2025
- Business
- Qatar Tribune
QCB grants sandbox entry approval to TrustIn
Tribune News Network Doha In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Bank's efforts to develop and regulate the FinTech ecosystem in the country, the Qatar Central Bank (QCB) has recently granted sandbox entry approval for Trustln, which offers an Digital Escrow Platform. This step highlights QCB's commitment to fostering the financial sector and advancing the objectives of the Third Financial Sector Strategy. It is important to note that entry into the regulatory sandbox does not equate to full-scale licensing approval. However, the applicant is considered an Authorized FinTech Sandbox Participant for regulatory activities by the FinTech entity. Regulatory sandbox is a controlled, safe environment set up by a financial regulator to allow FinTech companies to test their new and innovative products, services, or business models.
