cross-border payments

4 articles

Oman's Fintech Ecosystem: The Coordinated Push Beyond Oil Dependency

Oman's Fintech Ecosystem: The Coordinated Push Beyond Oil Dependency

Oman is aggressively pivoting away from oil reliance, leveraging a Central Bank-led fintech strategy to build a cashless society. With the late 2024 Open Banking framework now active, traditional banks are transforming into tech providers. The Sultanate's geopolitical stability is quietly positioning it as a secure hub for cross-border digital trade....

Advertisement