BisB becomes first bank to pilot bulk KYC on National Digital Infrastructure

TDT | Manama

Email: mail@newsofbahrain.com

BisB becomes first bank to pilot bulk KYC on National Digital Infrastructure Manama Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has become the first bank in the country to successfully pilot the Bulk Know Your Customer (KYC) service through the eKey for Business (EKEY-B) platform – Bahrain’s national digital KYC solution for the private sector, developed by Beyon Connect in strategic partnership with the Information and eGovernment Authority (iGA).

The pilot represents a significant collaborative milestone in demonstrating how modern compliance tools can work with secure, citizen-first digital infrastructure. BisB has played a pivotal role in supporting the development and validation of the EKEY-B platform, helping to translate innovation into tangible use cases for the banking sector.

On the occasion, Fatema AlAlawi, Chief Executive Officer at BisB, commented, “We view innovation as a strategic imperative that enables us to better serve our customers, strengthen compliance, and future-proof our operations. Our successful pilot of the Bulk KYC service reflects our continued commitment to embracing cutting-edge technologies that align with national priorities. Bulk KYC is a foundational capability that empowers us to streamline processes, enhance data accuracy, and deliver faster, safer and more seamless experiences to our business banking clients.

We are proud to partner with Beyon Connect in this important chapter of Bahrain’s digital evolution.”

Dr. Khaled Al Mutawah, Deputy Chief Executive for Operation & Governance at Information & eGovernment Authority, stated: “The launch of Bulk KYC is a significant step forward in Bahrain’s national digital transformation plan. It reflects our commitment to enabling secure, integrated, and citizen-centric services across both the public and private sectors. We are pleased to see Bahrain Islamic Bank lead this important pilot which supports the Kingdom’s ongoing digital transformation.”

Christopher Hild, Chief Executive Officer of Beyon Connect, remarked, “BisB has been more than a customer; they have been a true collaborator. From the early stages of the EKEY-B platform to the first live Bulk KYC pilot, their commitment to innovation, compliance, and user experience has helped shape what this platform can deliver. We are very grateful for their partnership and leadership.”

The Bulk KYC service enables banks to securely verify and update large volumes of customer records by referencing trusted government data, in full compliance with the Central Bank of Bahrain’s (CBB) KYC, Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT), and Personal Data Protection Law (PDPL) frameworks. It is designed to automate periodic re-KYC checks, reduce manual intervention, and elevate the precision and efficiency of customer due diligence.

As Bahrain’s financial ecosystem continues its transition to the national digital authentication framework powered by eKey 2.0, BisB’s technological expertise serves as a model for secure, responsible, and future-forward implementation across the industry.