Central Banking

SAMA awards ATM contract

CyberGuard Corporation, a technology leader in network security, announced Thursday that the Saudi Arabian Monetary Agency (SAMA) has selected CyberGuard's premium firewall/VPN appliances to provide the information security for a new ATM network.

A network called the SADAD Project is being established in the Kingdom of Saudi Arabia. SADAD is a nationwide network that will allow citizens throughout the Kingdom to pay utility, phone and other bills securely at ATM machines. The project is a

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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