Kuwait: Kuwait International Bank (KIB) has announced the launch of its latest digital service, “Fast Transfer”, available exclusively on the KIB mobile banking application. This new international remittance service is launched in collaboration with Visa, a world leader in digital payments, to enable the Bank’s retail customers to transfer funds internationally to predefined beneficiaries’ bank accounts […]
Bahrain’s BENEFIT reaches total value of BD 33bln worth of Electronic Financial Transactions in 2024
Manama, Kingdom of Bahrain – BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, announced that it reached a total volume of 421 million for all electronic fund transfer transactions (Fawri, Fawri+, and Fawateer) through BenefitPay in the year 2024. This signifies a significant 22% increase in transaction volume compared to the […]