Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
BENEFIT has rolled out a Digital Direct Debit service via BenefitPay, streamlining recurring payments in Bahrain. The solution enhances security, automates collections, supports ERP integration, and promotes a paperless payment model, advancing the Kingdom’s digital payments ecosystem and FinTech innovation.
Chief Executive Abdulwahed AlJanahi described the launch as a key milestone in enhancing Bahrain’s electronic payments infrastructure and enabling the country’s digital economy ambitions.
Elm and BENEFIT have signed an MoU to develop digital onboarding, shared FinTech services, and secure financial innovations across Bahrain and the GCC, reinforcing the Kingdom’s FinTech leadership and commitment to digital transformation.
BENEFIT and ATME have confirmed their sponsorship of Bahrain’s flagship fintech forum, Fintech Forward 2025. BENEFIT joins as a gold sponsor, highlighting its role in modernizing payments and driving inclusion, while ATME, as silver sponsor, brings expertise in digital assets and tokenization to the event.
BENEFIT and General Assembly Bahrain partnered to develop national tech talent through recruitment access, specialized training programs, and collaborative events, aiming to enhance workforce skills and support fintech innovation in the Kingdom.
Benefit fintech roadmap focuses on AI partnerships, SME payment solutions, and cross-border interoperability to accelerate Bahrain’s digital financial ecosystem.
BENEFIT revealed its 2025-2026 strategy focusing on SME payment solutions, cross-border interoperability, AI partnerships, and global expansion to strengthen Bahrain’s digital finance ecosystem.
BENEFIT participated in the “Innovation in Social Housing Sector” Summit, showcasing its digital financial solutions that streamline home financing and payments. The company highlighted its Bahrain Credit Bureau service and BenefitPay app, reinforcing its role in Bahrain’s digital transformation and commitment to enhancing the housing sector and citizens’ financial experiences.
BENEFIT has partnered with Zphin to launch Bahrain’s first Consumer Lending and Insurance Marketplace, integrating it into the BenefitPay super app. This innovative platform will enhance access to financial services for both bankable and unbanked populations, driving transparency, competition, and consumer empowerment in Bahrain’s financial ecosystem.