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Discover all the payments and fintech-related news and analysis about Bahrain in The Paypers News, Reports, along with other Bahrain-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Bahrain in The Paypers News, Reports, along with other

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National Bank of Bahrain launches new digital platform

News | Online & Mobile Banking | 19 Feb 2021

National Bank of Bahrain (NBB) has launched its new digital banking platform, built in partnership with banking technology provider Backbase.

National Bank of Bahrain, mobile banking, digital banking, online banking, Backbase, NBB, banking onboarding

Central Bank of Bahrain to launch eKYC for financial institutions

News | Online & Mobile Banking | 03 Feb 2021

The Central Bank of Bahrain (CBB) announced the launch of eKYC by financial institutions in the Kingdom as part of its initiatives for digital transformation in the sector.

CBB, Bahrain, eKYC, financial institutions, BENEFIT, IGA, digital identity, Open Banking, Open Finance, Open Data, API

CBB launches eKYC as part of digital transformation strategy

News | Digital Identity, Security & Online Fraud | 01 Feb 2021

The Central Bank of Bahrain (CBB) has announced the successful launch of eKYC by financial institutions in the Kingdom as part of its initiatives for digital transformation in the sector.

Central Bank of Bahrain, Bahrain, eKYC, KYC, digital transformation, Know Your Customer, digital identity, national digital identity, data sovereignty

National Bank of Bahrain launches mobile banking app

News | Online & Mobile Banking | 25 Jan 2021

The National Bank of Bahrain (NBB) launched its new mobile app designed to offer the customers a digital banking experience, thereby making remote banking possible.

NBB, National Bank of Bahrain, digital banking, mobile bank, onboarding, Bahrain Backbase & Bring, app banking

Bahrain Islamic Bank launches virtual cards for retail customers

News | Mobile Payments | 11 Jan 2021

Bahrain Islamic Bank has launched the BisB virtual cards for retail customers in Bahrain.

Bahrain Islamic Bank, BisB, Bahrain, MENA, virtual cards, mobile payments, transactions , retail

BisB announces strategic partnership with CBB Digital Lab FinHub 973

News | Online & Mobile Banking | 27 Oct 2020

The Bahrain Islamic Bank (BisB) has announced its strategic partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab, the kingdom’s latest open application programming interface (API) innovation platform. 

Bahrain Islamic Bank, FinHub 973, API, fintech, innovation

The Kyriba Working Capital solution integrated into the MVC value chain platform

News | E-invoicing, SCF & E-procurement | 26 Oct 2020

MVC, provider of supply chain track-and-trace platforms for pharmaceuticals, has announced that its parent company, AVC Global, a US corporation, has signed a strategic technology partnership with Kyriba Corporation.

Kyriba Corporation, MVC, partnership, supply chain finance, working capital

National Bank of Bahrain launches 'Tap & Go' payment

News | Mobile Payments | 29 Sep 2020

National Bank of Bahrain has announced the activation of ‘Tap & Go’ contactless payment service across its point of sale (POS) terminals and cards.


National Bank of Bahrain, tap and go, mobile payments, online payments, card payments, contactless payments, POS, e-wallet, Bahrain, MENA, NFC payments

stc Bahrain, NEC Payments to launch stc pay virtual prepaid Mastercard

News | Mobile Payments | 22 May 2020

Bahrain-based TELCO stc Bahrain has partnered with digital banking and payment technology company NEC Payments to launch the stc pay virtual prepaid Mastercard.

stc Bahrain, NEC Payments, launch, STC Pay, prepaid, MasterCard, contactless payments, Bahrain, mobile wallet

BisB updates its digital services

News | Online & Mobile Banking | 04 May 2020

Bahrain Islamic Bank (BisB) has upgraded its digital services by rolling out new open banking services, enabling customers to view multiple bank accounts through its app.

BisB, digital banking, COVID-19, coronavirus, Open Banking, mobile app, partnership, Tarabut Gateway, data, credit card, API

Bahrain International Airport extends contract with Travelex

News | Mobile Payments | 11 Mar 2020

Travelex, a Finablr company and Foreign Exchange specialist, has extended its relationship with Bahrain International Airport (BIA).

Travelex, Bahrain Airport Company, currency exchange, Passenger Terminal Building, Bahrain

Open Banking platform Tarabut Gateway raises USD 13 mln

News | Online & Mobile Banking | 23 Feb 2021

Bahrain-headquartered Open Banking platform Tarabut Gateway has raised USD 13 million in a seed round led by Germany-headquartered European VC Target Global. 

Open Banking, Tarabut Gateway, account aggregation, payment initiation, funding

stc Bahrain, AFS partner to launch POS solution for retail SMEs

News | Online Payments | 25 Feb 2021

Telecom operator stc Bahrain and Arab Financial Services (AFS), a Bahrain-based digital payments and financial technology solutions provider, have partnered to launch a POS solution for retail SMEs.

stc Bahrain, Arab Financial Services, partnership, POS

Arab Financial Services to power ila bank's credit cards

News | Cards | 23 Dec 2021

Digital payment solutions providers Arab Financial Services has announced its decision to collaborate with Bahrain’s first mobile-only bank, ila, to power the latter most recently launched ila Blue and Switch credit cards.

mobile banking, partnership, product launch, credit card, fintech, digitalisation, digital banking

Central Bank of Bahrain completes digital payments test with JP Morgan

News | Cryptocurrencies | 11 Jan 2022

The Central Bank of Bahrain (CBB) has completed a digital payments test in collaboration with JP Morgan’s blockchain and cryptocurrency unit Onyx.

central bank, JP Morgan, blockchain, Token, banks

Spare granted Open Banking ancillary service provider license in Bahrain

News | Mobile Payments | 09 May 2022

Kuwait-based fintech Spare has received a licence from the Central Bank of Bahrain to operate as an Open Banking ancillary service provider in Bahrain.

Open Banking, mobile payments, spend management, banking license, central bank

Bahrain-based banks are ready for Open Banking

News | Online & Mobile Banking | 19 May 2021

The Central Bank of Bahrain (CBB) has announced the progress made by retail banks in Bahrain on complying with the Bahrain Open Banking Framework (OBF).

central bank, Open Banking, regulatory sandbox, regulation

Discover, Eazy Financial Services sign agreement to expand acceptance for cardholders

News | Cards | 24 May 2021

Discover and Eazy Financial Services, a Bahrain-based provider of biometric technologies, have signed an agreement to expand acceptance for cardholders from both companies.

Discover, card scheme, online payments

NEC Payments partners Netcetera for payment security protocol

News | Digital Identity, Security & Online Fraud | 27 May 2021

Bahrain-based NEC Payments has teamed up with Netcetera for payment security protocols.

Netcetera, SCA, Mastercard, online authentication

IFIN launches Islamic financing platform

News | E-invoicing, SCF & E-procurement | 08 Jun 2021

Bahrain-based Islamic fintech provider IFIN (Islamic Finance Initiation Network), has launched a real economy, automated Islamic financing platform.

supply chain finance, trade finance, financial services, financial institutions