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Middle EastEgypt
First report 1h ago•Last update 1h ago

Egypt Introduces 'Haweya' Digital Financial Identity System

Egypt has launched 'Haweya,' a new digital financial identity system that links one ID to one phone and one bank app, featuring a 6-digit Global PIN and replacing signatures for non-financial actions.

Background

Egypt has been pursuing various digital transformation initiatives as part of broader economic reforms. These efforts aim to modernize public services and financial infrastructure. The government seeks to enhance efficiency and expand access to digital platforms for its citizens.

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Egypt's Digital Financial Identity System 'Haweya' Introduced

First report 2h agoLast update 2h ago
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Egypt Introduces 'Haweya' Digital Financial Identity System · Quorumz