Bahrain Commercial Facilities Company signs an agreement with Beyon Connect to onboard digital business solutions
Bahrain Commercial Facility Company (BCFC) is collaborating with Beyon Connect, a member of Beyon Group, in the adoption of innovative digital identity and digital postbox solutions. The transformation will make BCFC the first Bahraini financial services institution to utilize the solutions which is set to start with BCFC’s Tasheelat Insurance (TISCO) Brand, and roll out later on to other BCFC brands.
The partnership follows the signing of an MoU in 2022, which will see Beyon Connect delivering its digital postbox solutions, OneBox, and OneID, a new platform to register a unique digital identity.
OnelD, a mobile application available on iOS and Android devices, will allow onboarding of BCFC customers through a simple and secure e-KYC process that supports passports and national ID cards with facial recognition and liveliness check.
According to BCFC CEO Abdulla Bukhowa, “We see the adoption of OnelD 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