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Why digitalisation has helped Bahraini banks escape the brunt of Covid-19

By: David Ndichy Source: Gulf Business © 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED. A relatively advanced digital infrastructure has done well to cushion Bahraini banks from the impact of Covid-19. Bahrain is home to the region’s first hyper-scale data centre, was one of the first countries in the world to roll out nationwide commercial 5G, … Continued

Central Bank of Bahrain Launches Tokenization Service for Contactless Payment

The Central Bank of Bahrain, in cooperation with the Benefit Company, retail banks and Bahrain Facilities Company, announced the launch of a coding service for operating the encryption feature for contactless payment for smartphones running the Android system. This feature allows payments to be made digitally via POS devices using a smartphone. This service is … Continued