Arab Bank plc - Bahrain has announced a strategic collaboration with Beyon Connect, part of the Beyon Group, to adopt the eKey 2.0 solution for consumer banking customers.
This initiative reflects the bank’s ongoing commitment to supporting the digital transformation efforts in the Kingdom of Bahrain, strengthening user data protection, and further developing banking services to meet the evolving needs of consumer banking customers, while upholding the highest standards of efficiency and excellence.
The advanced eKey 2.0 system is a state-of-the-art solution for digital customer identity verification and remote account opening. It enables biometric authentication “facial recognition” without the need for a password, which allows new customers to verify their identities digitally and complete account-opening procedures easily and securely, without the need for traditional paper-based documentation or branch visits.
The system is based on providing an advanced digital platform offering a range of features, including enabling individuals to maintain full control over sharing their data with service providers across both the public and private sectors, as well as providing electronic authorization services to facilitate transactions through third parties with the highest levels of security and data protection.
These capabilities support instant identity verification, ensuring full compliance with regulatory requirements and banking standards, while safeguarding customer data in line with the highest security measures.
eKey 2.0 also offers seamless and secure access to the fully integrated ‘Know Your Customer’ (KYC) system, including verification of government data and digitally certified documents. This helps streamline procedures and reduces the time required to open accounts.
Through this service, Arab Bank continues to deliver a comprehensive digital banking experience that combines speed, efficiency, and reliability, enhancing the overall banking experience for its consumer banking customers.
Commenting on the launch of this service, Nadya Talhouni, Country Manager of Arab Bank plc – Bahrain, said: "This initiative reflects the bank’s commitment to adopting advanced digital solutions in the banking sector and leveraging them to enhance the experience of our consumer banking customers in line with their evolving needs. The digital verification system provides customers with a more efficient and secure experience, keeping pace with the demands of a fast-moving business environment, while simplifying account opening and digital identity verification processes".
On his part, Shaikh Mohamed bin Khalifa Al Khalifa, CEO Beyon Digital Growth, said: “We are pleased to collaborate with Arab Bank plc - Bahrain in extending the benefits of eKey 2.0 to its consumer banking customers. This partnership reflects our shared commitment to advancing secure digital services and delivering seamless customer experiences through trusted digital identity solutions. By enabling secure biometric authentication and streamlined digital onboarding, eKey 2.0 helps financial institutions accelerate their digital transformation journeys while maintaining the highest standards of security, privacy, and regulatory compliance. We look forward to continuing our collaboration with the bank towards elevating customer convenience and contributing to Bahrain’s vision of a digitally empowered economy.”
Arab Bank plc, established in 1930 and operating in the Kingdom of Bahrain since 1960, is recognised as a leading financial institution both locally and regionally for its adoption of advanced banking solutions and services.
The bank keeps pace with the latest technological developments in the banking sector, offering pioneering services that meet the needs of consumers and corporates while supporting the Kingdom's economic growth, it added.
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