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RIYADH: The Kuwaiti banking sector is poised for innovation as five new fintech firms have registered with the country’s central bank to offer electronic payment solutions. 

The registration requests of four companies to provide online transaction services, and one company to operate e-payment system services, have been approved according to a press release. 

The companies that obtained clearance from the Central Bank of Kuwait include Myfatoorah and Tap Payments, while Payzah and Kashier have been approved for e-payment and settlement systems operations.  

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