{"id":417892,"date":"2026-09-30T14:33:05","date_gmt":"2026-09-30T17:33:05","guid":{"rendered":"https:\/\/anba.com.br\/?p=417892"},"modified":"2026-09-30T14:33:39","modified_gmt":"2026-09-30T17:33:39","slug":"kuwait-expands-digital-payments-to-84","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/kuwait-expands-digital-payments-to-84\/","title":{"rendered":"Kuwait expands digital payments to 84%"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 Digital payments accounted for 84% of all such transactions in Kuwait in the first quarter of this year, up from 34% in 2010, according to data from the country\u2019s central bank published by Syria\u2019s state news agency <a href=\"https:\/\/sana.sy\/en\/economic\/2347114\/\" target=\"_blank\" rel=\"noopener\">SANA<\/a>. The increase reflects the institution\u2019s expansion of digital payment systems and fintech services, as well as cybersecurity measures.<\/p>\n\n\n\n<p>The Central Bank says it has implemented regulatory and technological initiatives to modernize the country\u2019s payment infrastructure, focusing on transaction clearing and settlement, payments between financial institutions, check processing and dispute management, with the aim of increasing the efficiency, security and reliability of the system.<\/p>\n\n\n\n<p>Among the measures, the central bank established a regulatory Sandbox, an experimental environment where innovative financial technology products and services can be tested under regulatory supervision before being rolled out more broadly. It also launched the WOLooj Innovation Hub to promote innovation in artificial intelligence, digital transformation, information security, fintech and regulatory technology.<\/p>\n\n\n\n<p>Other initiatives in Kuwait in this area include the launch of a fraud protection accelerator project to strengthen the detection and prevention of electronic financial fraud and raise public awareness of related risks, as well as a scholarship program for Kuwaitis pursuing master\u2019s degrees in financial technology and financial inclusion initiatives.<\/p>\n\n\n\n<p><em>Read also<\/em>:<br><a href=\"https:\/\/anba.com.br\/en\/brazils-exports-to-kuwait-rise-5-7\/\">Brazil\u2019s exports to Kuwait rise 5.7%<\/a><\/p>\n\n\n\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-417889\">Central Bank of Kuwait<\/div>","protected":false},"excerpt":{"rendered":"<p>Digital payments accounted for just 34% of total payments in the country in 2010, according to the local central bank, which has implemented a series of measures to modernize the financial sector.<\/p>\n","protected":false},"author":2316,"featured_media":417889,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[95],"tags":[1803,9888,11627,4627,56711,58232],"class_list":{"0":"post-417892","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-innovation","8":"tag-central-bank","9":"tag-finance-en","10":"tag-kuwait-ar","11":"tag-money","12":"tag-payments","13":"tag-sandbox"},"wps_subtitle":"Digital payments accounted for just 34% of total payments in the country in 2010, according to the local central bank, which has implemented a series of measures to modernize the financial sector.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/417892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=417892"}],"version-history":[{"count":2,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/417892\/revisions"}],"predecessor-version":[{"id":417894,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/417892\/revisions\/417894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/417889"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=417892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=417892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=417892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}