Bahrain Commercial Facilities Company, Beyon Connect join hands

TDT | Manama                                                       

The Daily Tribune – www.newsofbahrain.com

Bahrain Commercial Facilities Company (BCFC) will become the first Bahraini financial services institution to onboard the digital identity and digital postbox solutions delivered by Beyon Connect, part of the Beyon group, commencing with its Tasheelat Insurance (TISCO) Brand and subsequently rolled out to other BCFC brands throughout the year.

The announcement follows the signing of an MoU in 2022, which will see Beyon Connect delivering its digital postbox solution, OneBox, and OneID, a new platform to register a unique digital identity.

OneID will be made available as a mobile application for both iOS and Android. It allows the onboarding of BCFC customers through the e-KYC process, supporting passport and national ID cards with facial recognition and liveness check.

BCFC CEO Abdulla Bukhowa said, “We see the adoption of OneID and OneBox as a key enabler in BCFC’s digital finance and insurance vision, providing our customers with the assurance that we are early adopters of the Central Bank of Bahrain’s ongoing initiatives in driving safe and compliant financial digital transformation within the Kingdom.”

BCFC VP of Information Technology and Operations Ali Al Marzooq added, “Financial and insurance services have always been about trust, and we are committed to delivering on our promise to be the first choice for our customers by providing innovative digital products, services and solutions.”

Following the announcement, Beyon Connect CEO Christian Rasmussen said, “We are proud that BCFC will utilize OneID and OneBox, our highly secure digital ID and communication platform built on transparency, privacy, and trust.”