CrediMax, Benefit launch QR Code payment system

CrediMax and Bahrain-based Benefit have collaborated to launch a unified QR Code payment option where MaxWallet and BenefitPay customers will be able to complete payments at registered merchants through their smartphones. Benefit was established in 1997


Bahrain explores digital currency

The CBB may also grant licenses to more digital banks after Meem, a subsidiary of GIB, became the first digital bank to get a license in Bahrain.


Blockade impact on Qatar fading but risks remain

Foreign financing and resident private sector deposits had fallen by $40 billion but that had been offset by cash injections by the central bank and the Qatar Investment Authority, it said.


Banque du Caire selects Temenos 24 Core Banking

The bank plays an effective role in financing vital sectors of the national economy through participation in the syndicated loans serving different sectors, as well as in financing SMEs and Microfinance projects.


GFH-Bahrain FinTech Bay partnership launched

GFH will work closely with BFB to improve the acceleration of FinTech development in the Middle East along-side other top-tier regional and global financial institutions and technology industry leaders.