Baghdad-INA
The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Monday, the endeavor to make a quantum leap in the field of financial technology.
The central bank said, in a statement received by the Iraqi News Agency (INA), that "the governor of the central bank, Ali Mohsen Al-Alaq, received today the regional president of the global "Visa" company, Andrew Tory and his accompanying delegation."
"The support provided by Visa Company to regulate the market and increase the acceptance of electronic collection were discussed, in support of the government's directions and the decisions it took in activating electronic payment through the use of the technology provided by the company, as well as improving the regulations and instructions for digital financial services." According to the statement.
Al-Alaq stressed 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," noting that "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 global technologies."
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