The Central Bank of Jordan announces the winners of the Digital Signature for Financials Challenge

On behalf of H.E. Dr. Adel Al Sharkas, Governor of the Central Bank of Jordan, Dr. Khaldoun Al-Weshah, Deputy Governor of the Central Bank of Jordan, the Digital Signature Challenge for Financials (DiSiFi) award ceremony was held on Sunday, October 12, 2025. The event was attended by representatives from banks and financial institutions across the Kingdom.

The challenge, the first of its kind in promoting innovation and developing cybersecurity solutions for the financial and banking sector in Jordan, was launched by the Central Bank of Jordan, represented by the Financial and Banking Sector Cyber Incident Response Team (Jo-FinCERT), in collaboration with the Jordan Payments and Clearing Company (JoPACC) through its JOIN Fincubator.

The challenge successfully attracted and qualified a group of ambitious Jordanian companies that presented advanced digital signature solutions. Two Jordanian companies were announced as winners:

• Arizona Intelligent Solutions, securing first place.

• Tawqe‘ee, taking second place.

   

Participating companies underwent several rounds of comprehensive technical, technological, and security assessments to ensure their compliance with international digital signature standards. The evaluations also verified their ability to establish a legally binding and reliable digital signing process for financial and banking transactions, as well as robust verification mechanisms for such transactions and services. This contributes to enhancing the efficiency, security, reliability, and integrity of digital transactions in the banking sector through the Central Bank of Jordan’s electronic authentication infrastructure (CBJ PKI), which serves as one of the key pillars for strengthening the security and credibility of electronic financial transactions.

In his opening remarks, Dr. Al-Weshah emphasized that this challenge aligns with the Economic Modernization Vision, a core pillar of the comprehensive reform path led by His Majesty King Abdullah II Ibn Al Hussein. The vision aims to unlock national potential, encourage entrepreneurship and innovation across sectors, foster a sustainable digital ecosystem, and enhance consumer confidence in financial services. It also seeks to increase financial inclusion by promoting the sustainable use of digital channels and expanding their reach to wider segments of society, while empowering Jordanian youth to lead innovation and development—thereby solidifying Jordan’s position as a leading regional hub for fintech and digital services.

For her part, Ms. Maha Bahou, CEO of JoPACC, stated that enabling digital signatures for financial and banking institutions will significantly advance the digital transformation of the sector, while enhancing the efficiency, security, reliability, and integrity of digital financial and banking transactions.