Irish RegTech company Fenergo has begun work with Bahrain’s Electronic Network for Financial Transactions (Benefit) to design and implement a national Know Your Customer (KYC) utility that incorporates blockchain technology.
Benefit CEO Abdulwahed AlJanahi says: “Benefit is committed to supporting financial institutions on their journey to digital transformation. By partnering with disruptive technology companies like Fenergo, we can deliver on our promise to help financial firms streamline and simplify the collection and management of customer data, improving customer experiences and minimising fraud.”
https://www.finextra.com/newsarticle/33755/fenergo-to-deploy-blockchain-based-kyc-utility-in-bahrain
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