Bahrain Clear Signs Agreement with Beyon Connect to Adopt eKey 2.0 and Bulk KYC Services

Bahrain Clear, a wholly owned subsidiary of Bahrain Bourse, has signed an agreement with Beyon Connect to adopt the National Digital Identity Authentication Platform (eKey 2.0), marking a key step in updating its investor database and advancing its digital transformation strategy.

Under the agreement, Bahrain Clear has utilized Bulk Know Your Customer (Bulk KYC) services through the eKey 2.0 platform to enhance the accuracy, completeness, and regulatory compliance of its investor records. The initiative supports stronger data governance and improves readiness across Bahrain’s capital markets ecosystem.

Developed by Beyon Connect and operated by the Information & eGovernment Authority (iGA), the eKey 2.0 platform enables secure, passwordless identity verification, biometric authentication, and trusted data validation for regulated institutions in the Kingdom.

Shaikh Khalifa bin Ebrahim Al Khalifa, Chairman of Bahrain Clear, said the agreement supports the company’s efforts to modernize investor services and strengthen the capital markets infrastructure. He noted that integrating Bulk KYC ensures records remain up to date, compliant, and aligned with international best practices, while also enhancing operational efficiency and investor experience.

Christopher Hild, CEO of Beyon Connect, said the collaboration represents an important milestone in Bahrain Clear’s digital journey. He added that adopting eKey 2.0 and Bulk KYC services positions Bahrain Clear as a leader in building a secure, scalable, and future-ready capital market environment.

The agreement also opens the door for future collaboration on additional eKey 2.0 capabilities, including passwordless investor login, biometric onboarding, and delegated digital services, enabling a seamless and secure experience across Bahrain’s wider financial ecosystem.