Articles with tag like: Bahrain

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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

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

SINNAD offers Islamic banking processing in the Middle East

News | Payments General | 02 Dec 2020

SINNAD has completed the migration of a large Islamic bank in Bahrain to its system, after it went live with its new processing platform built on Compass Plus software.

SINNAD, banking, Islamic Bank, Bahrain, Compass Plus, software, card issuance, ATM driving, fraud detection

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

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

Bittrex, Rain partner for digital asset trading platform in MENA

News | Cryptocurrencies | 01 Aug 2019

Bittrex and Rain Management have partnered to launch the first fully licensed digital asset trading platform in the Middle East and North Africa (MENA) region.

Bittrex, partnership, Rain, Digital Asset, trading, Middle East, North Africa, cryptocurrency, tokens, MENA, Bitcoin, blockchain, sandbox, Bahrain, regulations

National Bank of Bahrain joins local eKYC platform

News | Digital Identity, Security & Online Fraud | 12 Jul 2019

The National Bank of Bahrain has joined the National eKYC (Know Your Customer) platform mandated by the Central Bank of Bahrain (CBB).

KYC, onboarding, cloud, blockchain, Bahrain, eKYC, financial services, National Bank of Bahrain

AIB Bahrain enters Eazy Financial Services biometric payment network

News | Digital Identity, Security & Online Fraud | 28 May 2019

Al Baraka Islamic Bank (AIB Bahrain) has signed an agreement with Eazy Financial Services for the provision of biometric payment services.

AIB Bahrain, partnership, Eazy Financial Services, biometrics, payments, bank, payment services, banking, transactions , physical banking, digital banking, fintech, fingerprints, debit card, credit card, Bahrain

Tarabut Gateway to enable open banking services for NBB

News | Payments General | 20 May 2019

The National Bank of Bahrain has partnered with open banking systems provider Tarabut Gateway to deliver new open banking services to its customers.

The National Bank of Bahrain, Tarabut Gateway, partnership, Bahrain, Middle East, NBB, EMEA, Open Banking, Open API, Access to account, XS2A, Central Bank of Bahrain, TCS BaNCS

GBM, UKs Banfico partner on open banking solutions

News | Payments General | 25 Mar 2019

Bahrain-based Gulf Business Machines has partnered with UK-based Banfico to help FIs adopt open banking solutions.

GBM, Gulf Business Machines, Banfico, partnership, Bahrain, Middle East, UK, Europe, open banking solutions, Central Bank of Bahrain, digital transformation, fintech, fintech hub, GDPR

Bahrain issues Bitcoin regulations

News | Cryptocurrencies | 26 Feb 2019

The central bank of Bahrain (CBB) has issued regulations for those who plan to engage in Bitcoin and other cryptocurrency-related activities.

Bahrain, CBB, Bitcoin, regulations, cryptocurrency, Middle East, banks, government, laws, KYC, AML, risk management, blockchain, startups

Moven, Almoayed Technologies partner for digital banking in MENA

News | Online & Mobile Banking | 25 Jan 2019

Almoayed Technologies has teamed up with Moven Enterprise, a South-Africa-based banking technology platform, to launch digital banking services in the MENA region. 

Moven, Almoayed Technologies, Open Banking, MENA, Bahrain, Central Bank of Bahrain

Bahrains central bank issues draft regulations on crypto assets

News | Cryptocurrencies | 17 Dec 2018

Bahrain’s central bank has announced it issued draft regulations for the licensing and supervision of crypto asset services.

Bahrain, regulations, crypto assets, cryptocurrency, banks, PSP, risk management, safety

Central Bank of Bahrain mandates open banking adoption

News | Payments General | 14 Dec 2018

Central Bank of Bahrain has mandated open banking adoption for Bahraini retail banks that provide online banking services to their customers.

Central Bank of Bahrain, Open Banking, Bahrain, Middle East, MENA, retail banking, Open API

KFH-Bahrain releases PrePay Visa platinum prepaid card

News | Cards | 30 Nov 2018

KFH-Bahrain has launched a VISA platinum prepaid card, ‘PrePay’, as part of its commitment to offer products and services that streamline the payments experience for its customers.

KFH-Bahrain, prepay, Visa, prepaid card, Bahrain

Ithmaar Bank, Eazy Financial Services plan to launch biometric payments network

News | Digital Identity, Security & Online Fraud | 08 Oct 2018

Ithmaar Bank and Eazy Financial Services have partnered to plan the launch of a biometric payment network.

cryptocurrency, biometric payments, Ithmaar Bank, Bahrain, Eazy Financial Services, fingerprint identification system

Bahrain to raise USD 100 mln for fintech ventures

News | Payments General | 04 Oct 2018

Bahrain is soon launching a new USD 100 million fund to boost the fintech sector, a senior government official said, according to the Economic Times in India.

Bahrain, Economic Development Board, fintech, fund, innovation

Tokenisation for mobile payment service launched by GPS

News | Payments General | 13 Sep 2018

GPS has been working on a tokenisation service in order to secure future mobile payments.

mobile payments, tokenisation, Global Payment Services, Bahrain