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April 6, 2018

Manama : Bahrain could lead the fintech scene in the region by introducing electronic KYC, the know-your-customer process in banking using a paperless and electronic method of verifying the identity of customers, the president of Western Union Global Money Transfer, Odilon Almeida told DT News.

He was talking on the sidelines of the launch of Western Union’s mobile app a...

March 29, 2018

Manama : C5 Accelerate held its fourth ‘Cloud10 Scalerator programme’ Pitch Day, under the patronage of Shaikh Mohammed Bin Essa Al Khalifa, Chairman of Tamkeen during the annual EPay Summit, (Electronic Payments and Online Banking Conference) yesterday. 

The Cloud10 Pitch Day marked the completion of the fourth intake of the programme, focused specifically on fintech to align wit...

March 28, 2018

Manama : Top experts from all over the world converged on Bahrain yesterday for the ‘ePay Summit’ which shed light on E-Payment and Internet Banking technology as a key factor for E-commerce activities. 

Held under the patronage of Central Bank Bahrain, the summit organised by EastMed shared practical cases and in-depth experiences in cybersecurity, E-Payments infrastructure,  reg...

March 28, 2018

Manama : VIVA Bahrain has announced the launch of VIVA Cash, a new application designed to offer consumers a secure and convenient digital mobile wallet for everyday payments.

The service is launched in collaboration with SADAD Bahrain, the Kingdom’s FinTech leader and licensed and regulated by the Central Bank of Bahrain. 

Available for free on the Apple Store and Google...

March 27, 2018

Manama : The third Arab Lawyers Forum was hosted over the course of two days with a view to providing proactive and interested lawyers in the Arab World an opportunity to connect with industry peers. The event which was hosted by Al Tamimi & Company and local leading law firms brought over 100 industry professionals from across Arab League countries.

The Forum focused on pres...

March 21, 2018

Manama : Bahrain is committed to continuing regulatory improvements to streamline the innovation process and ensure the business climate is ideal for investment, said Khalid Al Rumaihi, Chief Executive of the Bahrain EDB. 

Citing reforms including the introduction of regulatory sandbox as well crowdfunding regulations to enable greater access to new sources of capital, A...

March 13, 2018

Manama : Aimed at educating 3,000 female programmers with a target of setting up tech businesses by thirty among them, the University of Bahrain has launched the ‘Forsati for her’ project in partnership with United Nations Development Programme (UNDP), Microsoft, Think Smart and Tamkeen.

“The road to becoming more than a knowledge economy but an innovation economy starts with havi...

March 9, 2018

Manama : More than 400 delegates attended the second Middle East & Africa FinTech Forum in Manama, Bahrain, yesterday. 

The forum, under the theme Beyond Disruption and under the patronage of the Central Bank of Bahrain and hosted by Bank ABC and Arab Financial Services (AFS), was held at the Four Seasons, Bahrain Bay. 

Governor of the Central Bank of Bahrain inaugurated the confer...

March 8, 2018

Manama : The first-ever edition of ‘Unbound’ was held in Bahrain yesterday with 1500 participants and more than 50 startups.

The event which aims to celebrate startup culture brings together entrepreneurs and experts from around the MENA region. 

The event, which is part of Startup Bahrain week, is being held at Bahrain International Circuit.

Unbound, which takes place around t...

March 6, 2018

Manama : The society needs to change its mindset on government subsidies, said Central Bank of Bahrain (CBB) governor Rasheed Mohamed Al Maraj yesterday.

“People should worry less about removal of government subsidies and think more about participating in the global technological revolution,” he added. 

The CBB governor was speaking at ‘Policy Hack’, an event organized by C5 A...

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