“Can a traditional Saudi national bank successfully modernize its payments, lending, and cross-border infrastructure to compete in the SAMA open banking era while deepening its role as the financial OS for Saudi corporates and consumers?”
Banque Saudi Fransi is a Saudi national commercial bank regulated by SAMA, offering retail, corporate, and investment banking services. In alignment with Saudi Vision 2030 and SAMA's open banking framework, BSF has progressively expanded its digital and embedded finance capabilities — launching its own e-payment gateway, BNPL products, and prepaid card infrastructure. The 2025 Thunes MOU signals a strategic push to modernize cross-border remittance rails beyond traditional SWIFT correspondent banking, while the adoption of SIMAH's decisioning engine reflects growing appetite for data-driven consumer lending.