The Saudi Arabian Monetary Authority (SAMA) launched on 14th
of February 2019, “Tanfeeth” program that aims to provide direct link between
the technological systems of government and banks operating in in the Kingdom
for integration between them.
SAMA clarified that it seeks through “Tanfeeth” program to
promote the level of cooperation with government agencies to overcome
difficulties and obstacles that may face the joint work between SAMA and other entities.
Moreover, it aims to keep pace with the objectives of the Kingdom’s vision
2030, which focuses on benefiting from modern technologies and e-government
applications in addition to upgrading the level of government services in a way
that contributes to the reduction of administrative procedures and raise their
quality and speed.
SAMA pointed out that the electronic link with “Tanfeeth” program
ensures the confidentiality of the information and informs judges thereof
within the framework of the procedures of handling cases considered by them
including personal status cases (expenses and inheritance).
HE Dr. Ahmad Al-kholifey, Governor of the Saudi Arabian
Monetary Authority (SAMA), expressed his thanks and appreciation to the
Minister of Justice as the first government authority with which the electronic
linking procedures were completed, as well as the work teams from SAMA and
banks operating in the Kingdom.
It is worth noting that “Tanfeeth” program was established
on the technoligal platform “Watheiq”, which will transform the business sector
of SAMA into an electronic service provider through the best and most reliable technological
solutions as well as providing integrated linking between SAMA and other
government technological systems benefiting from the services as well as the
linking with the business sector.