The past few years have seen a spike in the global Open Banking agenda, where Bahrain has taken an initial leading role in nurturing related initiatives in MENA. However as Open Banking…
Ever since the COVID-19 hit, the MENA region witnessed a rise in online payments penetration to 76% as well as an increase in smart-phone penetration to an average of 133%. And, while these indicators…
The launch of Open Banking services in Bahrain last December offers a glimpse into how financial institutions have evolved within the region. With banks increasingly being able to ‘talk’ to…
The Gulf is nearing an inflection point. In the face of near-unprecedented economic change, countries across the Middle East are racing to diversify their hitherto hydrocarbon-dependent economies. Consequently, the climate…
The spirit of co-opetition will make Bahrain’s banks the envy of the world Bahrain’s Open Banking compliance deadline of 30th June is rolling around quickly and its regulator, the Central…
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