TDT | Manama
Daily Tribune – www.newsofbahrain.com
Benefit, a Bahraini innovator and leading company in fintech and electronic financial transaction services, has organized a conference under the supervision of the Central Bank of Bahrain (CBB) and in partnership with the Bahrain Bankers Association (BAB) to implement the conference from 2022 to 2024. strategy and roadmap to.
The meeting was attended by members of the BAB’s Technical Committees as well as members of numerous financial and banking institutions. The three-year strategy was presented by Yousif AlNefaie, Deputy CEO of BENEFIT. This was followed by an open floor discussion in which Board members and representatives from the financial sector were invited to participate in the discussion, providing valuable recommendations for incorporation into strategies to further strengthen financials. We deliver value across the industry.
BENEFIT’s roadmap for the next three years is to advance payment infrastructure to enable new payment schemes, enhance access to credit, support digitization of governments and key sectors, and develop key cross-border partnerships. along four main strategic pillars, including internationalization to develop partnerships with .
BENEFIT has presented strategic initiatives to achieve the goals outlined under these pillars and detailed roadmaps for each project to be implemented within the timeline. AlNefaiei said: This three-year strategy of his will play a key role in achieving these goals. ”
Commenting further, he added: It aims to enhance Bahrain’s position as a leading hub for innovative financial services and solutions. ”
The new strategy emphasizes supporting the SME ecosystem through the introduction of Comprehensive Financial Information for Small and Medium Enterprises (SME360) and electronic payment services for the business sector, promoting the Bahrain Credit Reference Authority and eKYC services nationwide. I’m here.
