January 24, 2020

Fintech companies are fundamentally changing how the financial services ecosystem operates, giving consumers powerful tools to help with savings, budgeting, investing, insurance, electronic payments and many other offerings. This industry is growing rapidly, filling gaps where traditional banks and financial institutions have failed to meet customer needs.

Yet progress has been un...

January 24, 2020

The Bahrain Economic Development Board (EDB) and the Department of Information Technology; Biotechnology; and Science & Technology, Government of Karnataka, on Friday (January 24), signed a Memorandum of Understanding (MoU) to promote cooperation in artificial intelligence (AI), fintech and other emerging technologies to foster innovation and startup growth.

The agreement was sign...

January 16, 2020

Orange Jordan, a provider of telecommunications services in Jordan, officially launched its mobile e-wallet service, Orange Money, at a special event this week.

The event, which was attended by government officials, alongside the company’s management and strategic partners, celebrated the launch of the financial solution, which recently acquired an e-payment license from the count...

January 15, 2020

Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and a Lebanese fintech startup NymCard that is digitizing how payments cards are issued, delivered, and used, in collaboration with Visa have launched the first digital-only (prepaid) payment card ‘Neo‘ in Iraq to serve the underbanked Iraqi population, the two companies announced in a joint-statem...

January 15, 2020

Under the patronage of the Central Bank of Bahrain (CBB), BBK has inaugurated the Digital Economy Forum & Expo 2020, in collaboration with the Bahrain Institute of Banking and Finance (BIBF) as a Knowledge Partner. 

The forum focused on investigating how the economy can benefit from the growth potential of the digital revolution of today, and its impact on...

January 12, 2020

Kuwait Finance House – Bahrain, a leading Islamic bank in the Kingdom, has revamped its mobile application “KFH Jazeel Banking”, the first integrated Fintech digital banking platform in the Kingdom of Bahrain, with an aim to place customer needs and experience as a key element in product development. The revamp of the application comes in line with KFH-Bahrain’s strategy to suppo...

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