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  • 30/05/2014
    BENEFIT Renews its ISO 27001 Certification
    Information Security is becoming more and more important in the Financial Industry. Therefore, at an international level, Financial Institutions and companies are becoming more and more reliant on implementing the best information security practices. The BENEFIT Company since 2007 has been certified with ISO 27001 information security standards.
  • 10/05/2014
    NBAD BCTS Integration Go live
    The Bahrain Cheque Truncation System (BCTS) is one of the vital value adding services of the BENEFIT Company. The BCTS has transformed the cheque clearing process dramatically from the traditional physical cheque exchange processing into an electronic image based processing. Such system has enhanced the interbank
  • 01/05/2014
    The GCCNet Goes live with its new POS
    The GCCNet launched the go live of its GCC POS (Point of Sale) service on 1st of May 2014 connecting Bahrain, Kuwait, and Qatar; whereas UAE, KSA, and Oman will join in the near future. The GCCNet was established in 1999 by all GCC Central Banks connecting all switches together to form a regional financial network of the Gulf. In 1999, the GCCNet started with connecting all ATMs together enabling cash withdrawal and balance
  • 18/02/2014
    Central Bank of Bahrain Assigns BENEFIT To Operator of The Electronic Fund Transfer System of Bahrain
    The BENEFIT Company, since its establishment has a focused vision of providing value adding services to Bahrain and its Financial Industry. It has been successful in providing the community with value adding services such as ATM, POS, Payment Gateway, Direct Debit, CRB, and BCTS. Such has enabled the Company to attain a distinctive position in the Financial
  • 01/01/2014
    Corporate Credit Reference Bureau, another Strategic Product the Company Offers
    The Central Bank of Bahrain (CBB) has announced that go live of the Corporate Credit Reference Bureau (CRB) on the 1st of January 2014. The Corporate CRB came as an extension to the current CRB the BENEFIT Company offers to Bahrain’s Financial Market to include the corporate details and their credit history
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