{"id":13170,"date":"2025-11-18T06:19:27","date_gmt":"2025-11-18T06:19:27","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=28772"},"modified":"2025-11-18T06:19:27","modified_gmt":"2025-11-18T06:19:27","slug":"bahrain-singapore-launch-national-digital-public-infrastructure-initiative","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/bahrain-singapore-launch-national-digital-public-infrastructure-initiative\/","title":{"rendered":"Bahrain, Singapore Launch National Digital Public Infrastructure Initiative"},"content":{"rendered":"<p><a href=\"https:\/\/fintechnews.ae\/tag\/benefit\"  rel=\"noopener\">BENEFIT<\/a> and Singapore-based technology company MonetaGo, in collaboration with <a href=\"https:\/\/fintechnews.ae\/tag\/bahrain-fintech-bay-bfb\"  rel=\"noopener\">Bahrain Fintech Bay (BFB)<\/a> and the Bahrain Association of Banks (BAB), have begun implementing Bahrain\u2019s National Digital Public Infrastructure (DPI) Initiative.<\/p>\n<p>The project aims to create a digital ledger for all financed trade transactions and invoice submissions, providing an alternative data credit score to support trade finance and reduce risk in SME lending.<\/p>\n<p>The collaboration brings together Bahrain\u2019s fintech ecosystem and Singapore\u2019s digital trust frameworks, with the goal of developing interoperable, cross-border digital public infrastructure connecting Asia and the Middle East.<\/p>\n<p>The initiative is intended to strengthen financial and economic linkages and support secure, transparent trade finance.<\/p>\n<p>Abdulwahed Al Janahi, Chief Executive of BENEFIT, said:<\/p>\n<figure id=\"attachment_25775\" aria-describedby=\"caption-attachment-25775\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-25775 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/04\/Abdulwahed-AlJanahi-150x150.webp\" alt=\"Abdulwahed AlJanahi\" width=\"150\" height=\"150\" \/><figcaption id=\"caption-attachment-25775\" class=\"wp-caption-text\">Abdulwahed Al Janahi<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cBy building technology that de-risks finance and increases liquidity, we are enabling a more transparent and resilient financial ecosystem, and positioning Bahrain as a regional leader in digital public infrastructure and innovation.\u201d<\/p>\n<\/blockquote>\n<p>Neil Shonhard, CEO of MonetaGo, said:<\/p>\n<figure id=\"attachment_28773\" aria-describedby=\"caption-attachment-28773\" style=\"width: 150px\" class=\"wp-caption alignright\"><img decoding=\"async\" class=\"wp-image-28773 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/11\/Neil-Shonhard-150x150.webp\" alt=\"Neil Shonhard\" width=\"150\" height=\"150\" \/><figcaption id=\"caption-attachment-28773\" class=\"wp-caption-text\">Neil Shonhard<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cThis phase represents more than technological progress; it\u2019s about establishing a trusted, interoperable framework that connects digital public infrastructure between Bahrain and Singapore, strengthening financial integrity and advancing secure, inclusive trade across regions.\u201d<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>Featured image credit: <a href=\"https:\/\/benefit.bh\/\"  rel=\"noopener\">BENEFIT<\/a><\/em><\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/28772\/bahrain\/bahrain-singapore-digital-public-infrastructure\/\">Bahrain, Singapore Launch National Digital Public Infrastructure Initiative<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENEFIT and Singapore-based technology company MonetaGo, in collaboration with Bahrain Fintech Bay (BFB) and the Bahrain Association of Banks (BAB), have begun implementing Bahrain\u2019s National Digital Public Infrastructure (DPI) Initiative. The project aims to create a digital ledger for all financed trade transactions and invoice submissions, providing an alternative data credit score to support trade [&#8230;]<\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/28772\/bahrain\/bahrain-singapore-digital-public-infrastructure\/\">Bahrain, Singapore Launch National Digital Public Infrastructure Initiative<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174,474,431,273,475],"tags":[],"class_list":["post-13170","post","type-post","status-publish","format-standard","hentry","category-bahrain","category-bahrain-association-of-banks-bab","category-bahrain-fintech-bay-bfb","category-benefit","category-monetago"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=13170"}],"version-history":[{"count":3,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13170\/revisions"}],"predecessor-version":[{"id":13217,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13170\/revisions\/13217"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=13170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=13170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=13170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}