The Central Bank: We seek to make a quantum leap in the field of financial technology in the banking sector
The Central Bank: We seek to make a quantum leap in the field of financial technology in the banking sector
2023-02-28
Monday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, affirmed the bank’s endeavor to make a quantum leap in the field of financial technology in the banking sector, during a reception with the regional head of the global “Visa” company, Andrew Torrey.
The media office of the Central Bank of Iraq said in a statement that “the governor of the Central Bank of Iraq received the regional head of the international company” Visa “and his accompanying delegation, and confirmed that the Central Bank of Iraq is supportive in its steps to expand the use of the latest digital technologies in the banking sector and enhance financial inclusion in Iraq,” indicating “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.”
He added, “During the meeting, they 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 to activate electronic payment through the use of technology provided by the company, as well as improving regulations and instructions for digital financial services.”
burathanews.com
