Bahrain
Future Bahrain: Beyon Announces 250m USD Digital Infrastructure Investment
Beyon has announced a major investment of more than USD 250M in state-of-the-art digital infrastructure helping to support the acceleration of Bahrain’s digital transformation and the growth of the country’s digital economy, in a press conference attended by Beyon Chairman
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Real-Time Transactions Poised to Growth in the UAE
New, sophisticated use cases for consumers and businesses are driving global real-time payment volumes to record highs, with 195.0 billion transactions recorded globally in 2022 — a YoY growth of 63.2% — according to the 2023 Prime Time for Real-Time
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Bahrain Amends Crypto Assets Framework to Include Digital Tokens
The Central Bank of Bahrain has made amendments to its crypto-assets (CRA) module which includes expanding its scope to include digital token offerings as part of its framework. All digital tokens’ offerings that exhibit the characteristics of security will be
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VMware Cloud on AWS Is Now Available in Bahrain
VMware, an American cloud computing and virtualization technology company, announced that the VMware Cloud services on AWS is now available in Bahrain. The service, which launched in February in the AWS Middle East (Bahrain) region, will help customers in Bahrain
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MENA Open Banking Pioneer Bahrain Moves Towards Open Finance
In the Middle East and North Africa (MENA) region, Bahrain is the undeniable leader when it comes to open banking, a position the country earned thanks to its financial regulator’s proactiveness in introducing formal regulations and implementing technical standards. Now,
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Mastercard Partners With EazyPay in Bahrain
Mastercard has partnered with Bahrain’s fintech and payment service provider Eazy Financial Services (EazyPay) that will now be powered by Mastercard Payment Gateway Services (MPGS). MPGS is a trusted platform that provides financial institutions with a white-label technology for payment
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BFC Payments Launches an Advanced Multi-Currency Travel Card
BFC Payments , the Fintech arm of BFC Group Holdings W.L.L., has collaborated with M2P Fintech, an Asian largest API infrastructure company, to launch an advanced multicurrency card, BFC PAY TRAVEL BUDDY that offers international travelers great convenience as it
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Payments Firm BPC Extends Partnership With Bahrain-Based Fintech IPS
Payment solutions provider BPC announced that it has extended its collaboration with Bahrain-based International Payment Services (IPS). As part of the agreement, BPC will allow IPS to extend the use of its open system e-payment platform ‘SmartVista’. Headquartered in Bahrain
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Temenos Partners With NdcTech to Expand Its Market Reach in the Gulf Region
Banking software company Temenos announced that it will be granting license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners. This will allow NdcTech to further develop and market the
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Bahrain, UAE and Saudi Arabia Recognized as Open Banking Leaders in the GCC
In the Gulf Cooperation Council (GCC), the open banking phenomenon is evolving at a rapid pace. Across the region, regulators are embracing the imperative aggressively, having acknowledged the potential of data sharing to improve customer experience and increase financial inclusiveness.
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