{"id":13760754,"date":"2024-02-28T17:00:36","date_gmt":"2024-02-28T15:00:36","guid":{"rendered":"https:\/\/fra.gov.eg\/%d8%a7%d9%84%d8%aa%d9%83%d9%86%d9%88%d9%84%d9%88%d8%ac%d9%8a%d8%a7-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9\/"},"modified":"2026-01-08T09:04:41","modified_gmt":"2026-01-08T07:04:41","slug":"%d8%a7%d9%84%d8%aa%d9%83%d9%86%d9%88%d9%84%d9%88%d8%ac%d9%8a%d8%a7-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9","status":"publish","type":"page","link":"https:\/\/fra.gov.eg\/en\/%d8%a7%d9%84%d8%aa%d9%83%d9%86%d9%88%d9%84%d9%88%d8%ac%d9%8a%d8%a7-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9\/","title":{"rendered":"Financial Technology"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"13760754\" class=\"elementor elementor-13760754 elementor-13758880\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f87e7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f87e7a\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d4a8fc0\" data-id=\"d4a8fc0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-710d526 elementor-widget elementor-widget-text-editor\" data-id=\"710d526\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>In response to the rapid acceleration of FinTech, the Financial Regulatory Authority (FRA) is spearheading the integration of digital solutions across the non-banking financial sector. This strategic initiative is designed to broaden financial inclusion while setting new benchmarks for operational efficiency, transparency, and service excellence.<\/p><p>In this regard,<a href=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2022\/02\/%D9%82%D8%A7%D9%86%D9%88%D9%86-5-%D9%84%D8%B3%D9%86%D8%A9-2022-%D8%A7%D9%84%D8%AA%D9%83%D9%86%D9%88%D9%84%D9%88%D8%AC%D9%8A%D8%A7-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9.pdf\"> Law No. 5 of 2022<\/a> was enacted to regulate the use of FinTech in non-banking financial services. This comprehensive legislative framework enables the deployment of digital applications, Artificial Intelligence (AI), and Big Data analytics across key sectors, including consumer finance, insurance, financial leasing, and factoring.<\/p><p>The Authority has issued several regulatory resolutions to implement FinTech law. These resolutions include licensing rules, cybersecurity standards, and regulations governing e-platforms. Additionally, a specialized FinTech Support Unit was created to foster innovation and monitor emerging trends within the Egyptian market.<\/p><p>To access regulatory resolutions (<a href=\"https:\/\/fra.gov.eg\/%d8%aa%d8%b4%d8%b1%d9%8a%d8%b9%d8%a7%d8%aa-%d8%aa%d9%83%d9%86%d9%88%d9%84%d9%88%d8%ac%d9%8a%d8%a7-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9\/\">click here<\/a>).<\/p><p><strong>Importance of Digital Transformation:<\/strong><\/p><p>The integration of FinTech into the non-banking financial sector is a pivotal move designed to:<\/p><ul><li>Reduce expenses and deliver services faster.<\/li><li>Improve regulatory and monitoring efficiency.<\/li><li>Empower startups and innovative service providers.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ddc182a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ddc182a\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-75cbf0f\" data-id=\"75cbf0f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-927fad7 elementor-widget elementor-widget-image\" data-id=\"927fad7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/%D8%B3%D8%AC%D9%84-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%85%D9%82%D8%AF%D9%85%D9%89-%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%B9%D9%87%D9%8A%D8%AF-%D9%81%D9%89-%D9%85%D8%AC%D8%A7%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%83%D9%86%D9%88%D9%84%D9%88%D8%AC%D9%8A%D8%A7-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%84%D9%85%D8%B2%D8%A7%D9%88%D9%84%D8%A9-%D8%A7%D9%84%D8%A3%D9%86%D8%B4%D8%B7%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%BA%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81%D9%8A%D8%A9-003.pdf\" target=\"_blank\" rel=\"nofollow\">\n\t\t\t\t\t\t\t<img width=\"423\" height=\"85\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/3.jpg\" class=\"attachment-large size-large wp-image-13769877\" alt=\"\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/3.jpg 423w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/3-300x60.jpg 300w\" sizes=\"(max-width: 423px) 100vw, 423px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8abff3f\" data-id=\"8abff3f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c72ec8 elementor-widget elementor-widget-image\" data-id=\"3c72ec8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fra.gov.eg\/en\/%d9%85%d9%82%d8%af%d9%85%d9%8a-%d8%ae%d8%af%d9%85%d8%a7%d8%aa-%d8%a7%d9%84%d8%aa%d8%b9%d9%87%d9%8a%d8%af-%d9%81%d9%89-%d9%85%d8%ac%d8%a7%d9%84%d8%a7%d8%aa-%d8%a7%d9%84%d8%aa%d9%83%d9%86%d9%88%d9%84\/\" target=\"_blank\" rel=\"nofollow\">\n\t\t\t\t\t\t\t<img width=\"423\" height=\"85\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/2.jpg\" class=\"attachment-large size-large wp-image-13769865\" alt=\"\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/2.jpg 423w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/2-300x60.jpg 300w\" sizes=\"(max-width: 423px) 100vw, 423px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-216ea7b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"216ea7b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-37dd2ac\" data-id=\"37dd2ac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aeddee5 elementor-widget elementor-widget-image\" data-id=\"aeddee5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fra.gov.eg\/en\/nbfintech-executive-resolutions-workshops\/\" target=\"_blank\" rel=\"nofollow\">\n\t\t\t\t\t\t\t<img width=\"423\" height=\"85\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/08\/WORKSHOP-2.jpg\" class=\"attachment-large size-large wp-image-13833051\" alt=\"\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/08\/WORKSHOP-2.jpg 423w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/08\/WORKSHOP-2-300x60.jpg 300w\" sizes=\"(max-width: 423px) 100vw, 423px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-400a4ec\" data-id=\"400a4ec\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1e6f59 elementor-widget elementor-widget-image\" data-id=\"e1e6f59\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/fra.gov.eg\/en\/%d8%a7%d9%84%d9%82%d8%b1%d8%a7%d8%b1%d8%a7%d8%aa-%d9%88%d8%a7%d9%84%d8%b6%d9%88%d8%a7%d8%a8%d8%b7-%d8%a7%d9%84%d9%85%d9%86%d8%b8%d9%85%d8%a9\/\" target=\"_blank\" rel=\"nofollow\">\n\t\t\t\t\t\t\t<img width=\"423\" height=\"85\" src=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/1.jpg\" class=\"attachment-large size-large wp-image-13769875\" alt=\"\" srcset=\"https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/1.jpg 423w, https:\/\/fra.gov.eg\/wp-content\/uploads\/2024\/06\/1-300x60.jpg 300w\" sizes=\"(max-width: 423px) 100vw, 423px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<div class=\"tmnf_excerpt\"><p>In response to the rapid acceleration of FinTech, the Financial Regulatory Authority (FRA) is spearheading the integration of digital solutions across the non-banking financial sector. This strategic initiative is designed to broaden financial inclusion while setting new benchmarks for operational efficiency, transparency, and service excellence. In this regard, Law No. 5 of 2022 was enacted &hellip;<\/p>\n<\/div>","protected":false},"author":98,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages\/13760754"}],"collection":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/users\/98"}],"replies":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/comments?post=13760754"}],"version-history":[{"count":41,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages\/13760754\/revisions"}],"predecessor-version":[{"id":20438979,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/pages\/13760754\/revisions\/20438979"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=13760754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=13760754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=13760754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}