SAMA Reports a SAR 3.7B Surge in F&B Sector Despite Regional Conflict RIYADH, SAUDI ARABIA –- ( ARAB NEWSWIRE ) — The latest Saudi Central Bank (SAMA) weekly report for the period ending March 21, 2026, reveals a significant surge in consumer spending, with Restaurants and Cafés processing SAR 1.6 billion in transactions—a 15% weekly increase—while the broader Food and Beverage segment exceeded SAR 2.1 billion. Remarkably, this SAR 3.7 billion wave confirms that the market remains unaffected by the ongoing regional conflict, showcasing the robustness of the Saudi economy. Amidst this growth, TabSense is officially defining a new category in hospitality technology: the Point of Intelligence (POI). Moving beyond the legacy transaction-recording era defined by first-movers like Foodics, TabSense is leveraging its second-mover advantage to deliver an AI-native architecture that reasons through data rather than just processing it. “While traditional systems simpl...
Saudi Based TabSense Launches AI Fraud Detection Agent, Ushering in the “Point of Intelligence” Era for the F&B Sector
From Transaction Recording to Autonomous Reasoning: TabSense Launches the POI Era to Eliminate "Silent Losses" for Saudi Merchants Riyadh, Saudi Arabia – ( ARAB NEWSWIRE ) — TabSense , the region's first Agentic POS ecosystem, today announced the launch of its AI Fraud Detection Agent , a breakthrough autonomous system designed to eliminate the "silent losses" that drain restaurant and cafe profitability. This launch marks TabSense's definitive move beyond the legacy POS category into the new frontier of Point of Intelligence (POI) . While first-generation players like Foodics pioneered the digitization of the Saudi foodservices market, TabSense is leveraging its "second-mover advantage" to leapfrog traditional transaction recording. By entering the market with an AI-native architecture, TabSense has bypassed the technical debt of older platforms, focusing instead on "Agentic" capabilities that move AI fr...