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Published on Oct 20, 2020

Central Bank of Bahrain launches fintech lab

The Central Bank of Bahrain has launched FinHub 973, the first comprehensive digital fintech lab in the region. The Central Bank of Bahrain, in cooperation with the Bahrain Economic Development Board, Bank ABC, ila Bank, BENEFIT, National Bank of Bahrain ( …

Source: Trade Arabia - Neutral
Published on Oct 21, 2020

Bahrain banking sector’s centennial celebration next Tuesday

The Bahrain Association of Banks (BAB) is organising a grand celebration on the occasion of the 100th anniversary of the establishment the banking sector in the kingdom. Held under the patronage of His Royal Highness Prime Minister Prince Khalifa bin …

Source: Trade Arabia - Neutral
Published on Oct 19, 2020

MEA Fintech Forum in Bahrain in November

Despite the pandemic, which led to the cancellation of many major events around the world, Mena’s leading international bank, Bank ABC, under the esteemed patronage of the Central Bank of Bahrain, is ready to return with the fourth edition of its annual …

Source: Trade Arabia - Neutral
Published on Oct 16, 2020

Ithmaar Bank sustains consistent growth patterns, investment in digital infrastructure continues

MANAMA: Ithmaar Bank B.S.C. (Closed), a Bahrain-based Islamic retail bank, announced its financial results for the six-month period ended 30 June 2020. The announcement, by Ithmaar Bank Chairman His Royal Highness Prince Amr Al Faisal, follows the review …

Source: 24 X 7 News - Gov't Propaganda
Published on Jul 22, 2020

Al Salam Bank Partners With Bahrain Bourse and Central Bank of Bahrain on New Shari’A-Compliant Asset-Trading Framework

Al Salam Bank-Bahrain (Al Salam Bank) has signed an agreement with the Bahrain Bourse and Central Bank of Bahrain (CBB) to offer an innovative new Shari’a-compliant brokerage service, which allows for the use of Bahrain-issued Ijara Sukuk as the underlying …

Source: Al Bawaba - Neutral
Published on Oct 5, 2020

AppTech Announces Digital Banking and Payment Technology Partnership with NEC Payments

CARLSBAD, Calif., Oct. 05, 2020 (GLOBE NEWSWIRE) -- AppTech Corp. (“AppTech”) (OTC Pink Open Market: APCX), a fintech company, today announces that the company has entered into a strategic partnership with NEC Payments B.S.C(c) (“NECP”). NECP provides …

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Published on Oct 1, 2020

GFH Holds Ordinary General Meeting of Shareholders

GFH Financial Group (GFH) today announced the successful conclusion of its Ordinary General Meeting (OGM), which was held with the live virtual participation and on site presence at the Al Areen Palace and SPA of a 43.59% quorum of shareholders as well as …

Source: Al Bawaba - Neutral
Published on Sep 30, 2020

Bahrain Grants UK Fintech Fasset First-of-Its-Kind Authorisation To Test Blockchain-Based Solution for Addressing $15 ...

UK-headquartered FinTech Fasset, a provider of blockchain-powered platforms for the financing of sustainable infrastructure, has received authorisation to test its solutions for the tokenisation of hard assets in Kingdom of Bahrain’s FinTech Regulatory …

Source: Al Bawaba - Neutral
Published on Sep 30, 2020

GFH shareholders ratify strategic deals, elect new board

GFH Financial Group (GFH), a leading financial group in the region with interests in key sectors such as asset management, wealth management, real estate development and commercial banking, has announced that its shareholders have ratified and authorised a …

Source: Trade Arabia - Neutral
Published on Sep 28, 2020

BisB Wins 2020 Asian Banking & Finance Wholesale Banking Award “Bahrain Domestic Initiative of the Year for Open Banking”...

Bahrain Islamic Bank (BisB) recently emerged as the winner of the “Bahrain Domestic Initiative of the Year for Open Banking” category from the Asian Banking and Finance Wholesale Banking Awards 2020, which honour the most outstanding banks in Asia with …

Source: Al Bawaba - Neutral
Published on Sep 28, 2020

BisB wins top Asian Banking & Finance award

Bahrain Islamic Bank (BisB) was recently named the winner of the “Bahrain Domestic Initiative of the Year for Open Banking” category from the Asian Banking and Finance Wholesale Banking Awards 2020. The awards honour the most outstanding banks in Asia with …

Source: Trade Arabia - Neutral
Published on Sep 23, 2020

No admin fees, interest for loans deferment, says CBB

Manama: The Central Bank of Bahrain (CBB) on Tuesday in a statement said there should be no administrative fees for loan installment postponement for three months till the year end. This came in line with the Cabinet decision to defer the loan installments …

Source: 24 X 7 News - Gov't Propaganda
Published on Sep 21, 2020

BAB confirms banks' readiness to defer loan installments

Banks operating in Bahrain have affirmed their willingness to extend their support to customers and welcome their requests to defer loan installments until the end of the current year, to mitigate the effects of the Covid-19 pandemic, a Bahrain Association …

Source: Trade Arabia - Neutral
Published on Sep 21, 2020

MoF participates in meeting of the Financial Stability Board Regional Consultative Group for the Middle East and North ...

The Ministry of Finance (MoF) participated in the virtual meeting of the Financial Stability Board Regional Consultative Group for the Middle East and North Africa (FSB RCG MENA). The meeting discussed the latest repercussions of COVID-19 on financial …

Source: Al Bawaba - Neutral
Published on Sep 20, 2020

Bahrain loan payment deferment part of stimulus: Minister

Bahrain banks’ response to defer loan payments until the end of the year is a continuation of the economic stimulus announced under the directives of His Majesty King Hamad bin Isa Al Khalifa to unify national efforts to confront the impact of the …

Source: Trade Arabia - Neutral
Published on Sep 20, 2020

Al Baraka seeks replacement of its wholesale banking business to category 1 Investment Firm

Manama: The Board of Directors of Al Baraka Banking Group B.S.C. (ABG / the Group) resolved to initiate the process of converting the current license of its parent company in Bahrain from a wholesale bank to a category 1 investment firm, subject to …

Source: 24 X 7 News - Gov't Propaganda
Published on Sep 19, 2020

FSB Middle East And North Africa Group Discusses Economic And Financial Market Developments

The Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Middle East and North Africa (MENA) held its 18th meeting (virtually) today to discuss recent global and regional macroeconomic and financial market developments. Members …

Source: Mondovisione - Neutral
Published on Sep 19, 2020

ABG joins forces with Bahrain Bourse, CBB to offer Sukuk based Murabaha Facility

Manama: Bahrain-headquartered Islamic banking major, Al Baraka Banking Group (ABG), as part of its strategy to offer a wide range of services and investment channels for its clientele, has announced the launch of Islamic Commodity Murabaha financing …

Source: 24 X 7 News - Gov't Propaganda
Published on Sep 17, 2020

IIFM streamlines global initiatives for expansion

The Board of Directors of the International Islamic Financial Market (IIFM) has decided to proceed with the publication of IIFM Sukuk Al Ijarah Standard Documentation which was postponed earlier this year due to Covid-19. The suite of documentation will …

Source: Trade Arabia - Neutral

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Published on October 22, 2020 - 13:38 GMT

27% of U.S. Consumers Would End Banking Relationship After a Discrimination Lawsuit, According to New Survey

Study also finds nearly one-quarter of U.S. consumers would end a relationship with their FI if an employee was involved in an organizational misdeed ATLANTA, GEORGIA, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- York Public Relations, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 15:33 GMT

Biz2Credit Unveils Rebranding, New Logo for Its Biz2X Lending Platform for Banks

NEW YORK, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Biz2Credit Inc., the leader in online small business finance, today unveiled new branding for Biz2X®, its global SaaS platform to enable financial institutions to provide a customized online lending experience …

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Published on October 22, 2020 - 14:30 GMT

Guggenheim Securities Hires Joe Niemiec to Expand Middle Market Investment Banking Practice

NEW YORK, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Joe Niemiec has joined the firm as a Senior Managing Director to expand its middle market …

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Published on October 21, 2020 - 15:00 GMT

Central 1 enables thirdstream to deliver customizable origination journeys on Forge Digital Banking Platform

thirdstream brings rapidly deployable solutions to over 170 financial institutions presently moving to Central 1’s Forge Digital Banking Platform. LETHBRIDGE, AB, CANADA, October 21, 2020 /⁨EINPresswire.com⁩/ -- Central 1 is empowering another key …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on October 21, 2020 - 09:44 GMT

At 12.2% CAGR Mobile Banking Market to Generate $1.82 Billion by 2026

PORTLAND, OREGON, UNITED STATES, October 21, 2020 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Mobile Banking Market by Transaction (Consumer-to-consumer and Consumer-to-Business), and Platform (Android, iOS, and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 21, 2020 - 18:35 GMT

Foresight Research: Expect a Spike in Consumers Switching Banking Providers Due to the Pandemic

ROCHESTER, Mich., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Foresight Research surveyed almost 11,000 banking customers and credit union members in 44 markets to find out what is really going on in the world of banking from the customer/member’s point of view. …

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Published on October 22, 2020 - 17:12 GMT

Federal Reserve Board fines the Goldman Sachs Group, Inc. $154 million for failure to maintain appropriate oversight, ...

October 22, 2020 Federal Reserve Board fines the Goldman Sachs Group, Inc. $154 million for failure to maintain appropriate oversight, internal controls, and risk management with respect to 1Malaysia Development Berhad (1MDB) For release at 12:00 p.m. EDT …

Distribution channels: Banking, Finance & Investment Industry
Published on October 22, 2020 - 07:43 GMT

Third-party Banking Software Market Segmentation, Application, Trends, Opportunity & Forecast 2020 To 2025

PUNE, MAHARASTRA, INDIA, October 22, 2020 /⁨EINPresswire.com⁩/ -- WiseGuyReports.Com Publish a New Market Research Report On –“ Third-party Banking Software Market Segmentation, Application, Trends, Opportunity & Forecast 2020 To 2025”. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on October 22, 2020 - 22:00 GMT

Veripath Announces 2.49% Quarterly Jump in NAV

Farmland continues to demonstrate compelling financial characteristics CALGARY, ALBERTA, CANADA, October 22, 2020 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE, ATTENTION INVESTMENT EDITORS – October 22, 2020 - Calgary Veripath Farmland …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on October 22, 2020 - 19:33 GMT

U.S. Home Gym Equipment Market is expected to see double-digit growth due to COVID-19 & tech-enabled exercise equipment

Innovation, the use of cutting-edge technologies, monthly subscriptions, live or on-demand video classes, and COVID-19 are driving growth within this market. SAN ANTONIO, TX, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- A new analysis …

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on October 22, 2020 - 19:10 GMT

Sardina Systems joins the launch of Open Infrastructure Foundation as a founding Silver member

Sardina Systems is partnering with Open Infrastructure Foundation to support the global open source communities building software in production. LONDON, UK, October 22, 2020 /⁨EINPresswire.com⁩/ -- Sardina Systems today announced it has joined the …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on October 22, 2020 - 18:49 GMT

Hygieacare presents Real-World Evidence at ACG 2020 - HygiPrep™ is a Dominant Strategy Over Oral Prep for Colonoscopy

Real-World Evidence of >12,000 procedures validate a published economics outcomes study - HygiPrep™ is a Dominant Strategy Over Oral Prep for Colonoscopy NORFOLK, VIRGINIA, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- HyGIeaCare Inc. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 18:30 GMT

Porsche Panamera (2010-2016) & Porsche 911 (2009-2016) Owners/Lessees Encouraged To Contact Kehoe Law Firm, P.C.

Investigation To Determine Whether Porsche Manipulated Vehicle Emissions, Thereby Causing Overpayment For Vehicles At The Time Of Purchase Or Lease CALIFORNIA, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- PHILADELPHIA – Kehoe Law Firm, …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on October 22, 2020 - 17:26 GMT

SpiraLinks Migrates FocalReview® Planning Suite IT Infrastructure To The AWS Cloud

SpiraLinks has moved its FocalReview® planning suite IT infrastructure to the AWS Cloud to meet evolving challenges for compliance and data protection/privacy CAMPBELL, CA, USA, October 22, 2020 /⁨EINPresswire.com⁩/ -- SpiraLinks has migrated …

Distribution channels: Banking, Finance & Investment Industry, Electronics Industry ...
Published on October 22, 2020 - 17:00 GMT

Canna Group LLC Launches Alternative Business Financing Programs Across All Industries Including “High Risk”

Shortlisted by Silicon Review as one of the 50 Best Companies to watch in 2019, Canna Group LLC is recognized as one of the pioneers in the payments industry. COLUMBUS, OH, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- Shortlisted by …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 16:38 GMT

Global Neo and Challenger Bank Market 2020 Key Players, Share, Trend, Segmentation and Forecast to 2026

New Study Reports “Neo and Challenger Bank Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports PUNE, MAHARASHTRA, INDIA, October 22, 2020 /⁨EINPresswire.com⁩/ -- Neo and Challenger …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on October 22, 2020 - 16:30 GMT

DecisionLogic Surpasses 50 Million Consumer Mark

San Diego Company Leads FinTech Industry with Real Time Electronic Transactional Data as Superior Alternative to FICO Score SAN DIEGO, CALIFORNIA, USA, October 22, 2020 /⁨EINPresswire.com⁩/ -- SAN DIEGO — DecisionLogic, a FinTech pioneer in …

Distribution channels: Banking, Finance & Investment Industry ...
Published on October 22, 2020 - 16:24 GMT

Global Extreme Sports Travel Insurance Market 2020 Key Players, Share, Trend, Segmentation and Forecast to 2026

New Study Reports “Extreme Sports Travel Insurance Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” Added on WiseGuyReports PUNE, MAHARASHTRA, INDIA, October 22, 2020 /⁨EINPresswire.com⁩/ -- Extreme Sports Travel …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 16:13 GMT

Global New Drivers’ Car Insurance Market 2020 Key Players, Share, Trend, Segmentation and Forecast to 2026

New Study Reports “New Drivers’ Car Insurance Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added WiseGuyReports PUNE, MAHARASHTRA, INDIA, October 22, 2020 /⁨EINPresswire.com⁩/ -- New Drivers’ Car …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on October 22, 2020 - 16:08 GMT

Deep Instinct: The Economic Value of Prevention in the Cyber Security Lifecycle

LONDON, 10/2020 - As more employees are now working from home, the attack surface is more complex and widely spread, making prevention even harder to achieve. LONDON, OXFORDSHIRE, UNITED KINGDOM, October 22, 2020 /⁨EINPresswire.com⁩/ -- Deep …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on October 22, 2020 - 16:00 GMT

Craftbot secures major investments worth $3.3 million to strengthen additive manufacturing growth and future expansion

Two large European companies invest to solidify Craftbot’s continued growth and expansion, as the company celebrates its 5-year anniversary NEW YORK, NEW YORK, USA, October 22, 2020 /⁨EINPresswire.com⁩/ -- Craftbot (formerly known as CraftUnique), …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 15:22 GMT

Foundation for the Study of Cycles and Cycles Research Institute Unite to Further the Advancement of Cycles Science

Merger Unifies Cycles Science Under One Umbrella Where Researchers and Scientists Can Work Together to Amplify Their Studies FLOYD, VA, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- The Foundation for the Study of Cycles (FSC) announced …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 14:36 GMT

#CreditUnionsCareChallenge reaches impact in excess of $1 million in Alabama, Florida and Georgia

"People Helping People" TALLAHASSEE, FL, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- More than $1 million! That’s the total impact from the #CreditUnionsCareChallenge in Alabama, Florida in Georgia because of credit unions. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 14:22 GMT

A bottle of Snapple joins time capsule to commemorate 400 years of African American History in Africa

The first African American to row across any ocean, shares the beauty of Corporate Social Responsibility in action with a bottle of Snapple. NEW YORK CITY, NEW YORK, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- They say, if you don' …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on October 22, 2020 - 14:15 GMT

Gold Dealers Seeing New Buyers While Some Earlier Buyers Are Now Selling

New customers want to own precious metals while others are selling due to personal economic conditions or to take advantage of higher bullion values. TEMECULA, CALIFORNIA, USA, October 22, 2020 /⁨EINPresswire.com⁩/ -- Dealers who sell bullion gold …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on October 22, 2020 - 14:15 GMT

PCL Solutions Forms 1st East Coast Partnership with Verkada, Global Leader in Cloud-Based Physical Security

Partners Presenting Webinar "Evaluating Your Organization's Physical Security Strategy" on Oct. 27 at 11 a.m. NUTLEY, NEW JERSEY , UNITED STATES OF AMERICA, October 22, 2020 /⁨EINPresswire.com⁩/ -- PCL Solutions, the regional leader …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 22, 2020 - 13:38 GMT

27% of U.S. Consumers Would End Banking Relationship After a Discrimination Lawsuit, According to New Survey

Study also finds nearly one-quarter of U.S. consumers would end a relationship with their FI if an employee was involved in an organizational misdeed ATLANTA, GEORGIA, UNITED STATES, October 22, 2020 /⁨EINPresswire.com⁩/ -- York Public Relations, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on October 23, 2020 - 01:23 GMT

Foghorn Therapeutics Announces Pricing of Initial Public Offering

CAMBRIDGE, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Foghorn Therapeutics Inc. (Nasdaq: FHTX), a company pioneering the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...