The Central Bank is discussing with “Visa” the expansion of the use of digital technologies in the banking sector
The Central Bank is discussing with “Visa” the expansion of the use of digital technologies in the banking sector
2-27-2023
Information / Baghdad..
The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, discussed, on Monday, with the regional head of the global “Visa” company, Andrew Tory, the expansion of the use of digitization in the banking sector.
According to a statement by the Central Bank, received by Al-Maalouma, “the meeting discussed the support provided by Visa to regulate the market and increase the acceptance of electronic collection, in support of the government’s directions and the decisions it took in activating electronic payment through the use of technology provided by the company, as well as improving special regulations and instructions.” digital financial services.
Ismail stressed, “The Central Bank of Iraq is supportive in its steps to expand the use of the latest digital technologies in the banking sector and to enhance financial inclusion in Iraq.”
He added, “The Central Bank of Iraq seeks to make a quantum leap in the field of financial technology in the Iraqi banking sector by keeping pace with the latest international technologies.”
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