Bahrain
Flat6labs Bahrain Holds Their First Digital Demo Day for Its 4th Cycle
Flat6Labs Bahrain announced that it has successfully completed 4 Cycles since its launch in March 2018. Within its 2 years of operations, the accelerator has reached several milestones which include job creation, supporting startups & the local ecosystem, raising awareness
Read More
Travelex Wins Tender For Multi-Year Contract At New Bahrain International Airport
Travelex, a Finablr company and market leading Foreign Exchange specialist, has extended its relationship with Bahrain International Airport (BIA) operating multiple outlets at the new Passenger Terminal Building. Travelex has signed a five-year contract with Bahrain Airport Company, successfully winning a tender
Read More
Report Highlights Bahrain’s Progress Toward Becoming a Tech and Innovation Hub
Through careful planning and bold regulatory reforms, the Kingdom of Bahrain is poised to become a major hub for finance, technology, and innovation, according to a new report released by the Milken Institute. However, Bahrain needs to continue its efforts
Read More
National Bank of Bahrain Offers Open Banking Solutions
National Bank of Bahrain (NBB) has set a significant benchmark in the region’s financial sector by becoming the first Bank in Bahrain and the Middle East and North Africa to launch Open Banking solutions. The Bank’s new ‘Aggregator’ service was
Read More
A National eKYC Utility will be Created in Bahrain
Fenergo, a provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, announces that it will be working with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) in designing and implementing the world’s first national Know Your Customer (KYC) utility
Read More
Bahrain and UAE Leads Middle East’s Fintech Scene, Study Finds
In the Middle East, Bahrain and the United Arab Emirates (UAE) have emerged as fintech leaders, thanks to the supportive ecosystems these have managed to develop for fintech development. At the same time, their leadership positions are not guaranteed going
Read More
Flat6Labs Bahrain Holds Third Startup Demo Day
Flat6Labs Bahrain hosted its Third Demo Day at The Ritz Carlton Bahrain, where 6 startups from its third cycle showcased their businesses in front of an audience consisting of VIPs, investors, high-net worth individuals, ecosystem partners and other prominent officials.
Read More
Bahrain Issues Final Rules on Insurance Aggregators
The Central Bank of Bahrain issued the final rules on “insurance aggregators”. Mr. Abdul Rahman Al Baker, Executive Director of Financial Institutions Supervision, said, “The introduction of insurance aggregator rules is a first step for the CBB towards “Insuretech”, a
Read More
Bank of ABC Becomes The First Bank in the Middle East to Employ Digital KYC Functionality
Jumio a nnounced a partnership with Bank ABC. The partnership enables Bank ABC’s new mobile-only bank to compliantly onboard new individual customers using Jumio’s biometric-based identity verification solution. Based in Bahrain, Bank ABC currently serves customers on five continents, covering
Read More
Mastercard Partners with Bahrain FinTech Bay to Foster Fintech Innovation in the Kingdom
Mastercard announced a partnership with Bahrain FinTech Bay in their effort to support the development of Bahrain’s fintech industry. Through the partnership, Mastercard and Bahrain FinTech Bay will work together to offer Bahraini startups and SMEs with educative and commercial
Read More