Tag "Central Bank of Bahrain (CBB)"
Spare Launches Open Banking Payment Options in Bahrain With EazyPay
Kuwaiti open banking platform Spare has partnered with Bahraini payment services provider EazyPay to enable Spare merchants in Bahrain to accept open banking payments. Customers of Spare’s merchants in Bahrain will be able to make payments directly from their bank
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Report Details 11 Fintech Regulatory Sandboxes in MENA in 2022
The MENA Fintech Association’s (MFTA) Open Finance Working Group has published a new report on the rise of open banking and embedded finance in the Middle East and North Africa. The report found that regulators in the region have been
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Cashless Payments in Bahrain Hit US$3.62B in H1 2021
Cashless payments in Bahrain jumped to US$3.62 billion in H1 2021, according to the latest figures from the Central Bank of Bahrain (CBB). Over 53 million digital payment transactions were recorded in the country during the period. The boom in
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Bahrain’s Central Bank Attempts to Spur Insurtech with Draft Rules on Comparison Sites
The Central Bank of Bahrain (CBB) has just issued draft rules on insurance aggregators; intermediaries with an insurance broker’s license who operate a platform for users to compare insurance prices and facilitates the purchase of them. The idea is that
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Fintech in Bahrain: A Glimpse of its Regulatory Initiatives
In the Bahrain Fintech Regulations Report 2019 in parts, produced by the Central Bank of Bahrain, we can see that Bahrain’s track record isn’t too shabby when it comes to holistic regulations. Bahrain’s fintech regulations are under the sole purview
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Bahrain and Singapore’s Regulators to Join Hands Fostering Fintech Innovation
The Central Bank of Bahrain (CBB) and the Monetary Authority of Singapore (MAS) signed a Memorandum of Understanding (MOU) to foster innovation in financial services between the two countries. This follows Bahrain’s series of strategies to bolster its fintech sector
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