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Bahrain

Bahrain Banks Pilot Instant Payments on Google Cloud Universal Ledger

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In a collaboration facilitated by Bahrain Fintech Bay, the National Bank of Bahrain (NBB), Bahrain Islamic Bank (BisB), Bank of Bahrain and Kuwait (BBK), and Benefit successfully executed instant payments using digital commercial bank money between clients on Google Cloud Universal Ledger (GCUL). Supported by the Bahrain Economic Development Board, the pilot marks a significant […]

The post Bahrain Banks Pilot Instant Payments on Google Cloud Universal Ledger appeared first on Fintechnews Middle East.

Ripple and Bahrain Fintech Bay Partner to Develop Digital Asset Ecosystem

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Ripple has announced a strategic partnership with Bahrain Fintech Bay (BFB), the Kingdom’s fintech incubator and ecosystem builder. The collaboration aims to advance the development and adoption of blockchain and digital asset technologies in Bahrain. Under the agreement, Ripple and BFB will support the country’s digital asset ecosystem through initiatives such as developing proofs of […]

The post Ripple and Bahrain Fintech Bay Partner to Develop Digital Asset Ecosystem appeared first on Fintechnews Middle East.

Mastercard Partners with Qlub to Expand Hospitality Digital Payments in GCC

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Mastercard has partnered with Qlub, a fintech company operating in the hospitality sector, aimed at expanding digital and contactless payments across the GCC. The partnership is intended to support the adoption of technology-driven payment solutions in restaurants across the region. Under the agreement, Mastercard will provide its payment platforms and technologies to Qlub and will […]

The post Mastercard Partners with Qlub to Expand Hospitality Digital Payments in GCC appeared first on Fintechnews Middle East.

Khaleeji Bank Partners with eTijwaal App on Travel eSIM Services

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Bahrain-based Khaleeji Bank has partnered with UAE-based eTijwaal App, a digital platform that provides eSIM services for travellers. The agreement is intended to give the bank’s clients easier access to mobile connectivity abroad while linking credit card usage with cashback rewards. The eTijwaal App is among the first in the Middle East to provide travel […]

The post Khaleeji Bank Partners with eTijwaal App on Travel eSIM Services appeared first on Fintechnews Middle East.

Fasset Launches in Bahrain with Tokenised US Stocks

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Fasset, a digital asset platform based in the UAE, has commenced operations in Bahrain, introducing tokenised US stocks as part of its services. Residents in Bahrain can now invest in selected US companies, gold and cryptocurrencies through a regulated, single-platform application. The company said the launch advances its objective of broadening access to global investment […]

The post Fasset Launches in Bahrain with Tokenised US Stocks appeared first on Fintechnews Middle East.

EazyPay Introduces Mastercard Receivables Manager in Bahrain

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Eazy Financial Services (EazyPay) has introduced Mastercard Receivables Manager in Bahrain, becoming the first acquirer in the country to adopt the solution. The tool is designed to support businesses by streamlining virtual card payment processing. Mastercard Receivables Manager allows EazyPay to help merchants automate their business-to-business (B2B) virtual card receivables. The solution removes the need […]

The post EazyPay Introduces Mastercard Receivables Manager in Bahrain appeared first on Fintechnews Middle East.

EazyPay Partners with Tamara to Support BNPL Expansion in Bahrain

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Eazy Financial Services (EazyPay), a Bahraini financial institution focused on Point-of-Sale (POS) and online payment gateway acquiring services, has entered into a partnership with Tamara, a Buy Now, Pay Later (BNPL) provider in the Gulf Cooperation Council (GCC). Under the agreement, EazyPay will act as Tamara’s local acquirer and offer its payment gateway infrastructure to […]

The post EazyPay Partners with Tamara to Support BNPL Expansion in Bahrain appeared first on Fintechnews Middle East.

Bahrain Ranked as Most Cost-Efficient Fintech Hub in the GCC

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Bahrain has been identified as the most cost-competitive location to operate a financial services firm with a tech hub in the Gulf Cooperation Council (GCC), offering a 48% cost advantage. This finding comes from a report published by Ernst & Young’s (EY) US office. According to TradeArabia, the report examined the increasing significance of technology […]

The post Bahrain Ranked as Most Cost-Efficient Fintech Hub in the GCC appeared first on Fintechnews Middle East.

Bahrain Introduces Regulatory Framework for Stablecoin Issuers

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The Central Bank of Bahrain (CBB) has introduced a regulatory framework for licensing and overseeing stablecoin issuers, aimed at supporting the secure integration of stablecoins into the financial system. Under the new guidelines, licensed issuers may offer single-currency stablecoins backed by the Bahraini Dinar (BHD), United States Dollar (USD), or other fiat currencies approved by […]

The post Bahrain Introduces Regulatory Framework for Stablecoin Issuers appeared first on Fintechnews Middle East.

BENEFIT Launches Fourth Edition of Masar Fintech Internship Programme

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BENEFIT, a company in Bahrain’s fintech and electronic financial transactions sector, has announced the launch of the fourth edition of its annual fintech internship programme, Masar. The initiative is aimed at providing Bahraini youth with practical experience and skills development opportunities in the fintech field. This year’s edition of Masar will support 40 selected participants, […]

The post BENEFIT Launches Fourth Edition of Masar Fintech Internship Programme appeared first on Fintechnews Middle East.

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