back Back

Bahrain Commercial Facilities selects Codebase Technologies and Atyaf eSolutions

By Leandra Monteiro

August 26, 2022

  • API Banking
  • Atyaf eSolutions
  • Bahrain

Codebase Technologies, Bahrain Commercial Bahrain Commercial Facilities Company ‘BCFC’ has signed a strategic partnership with key technology partners Codebase Technologies and Atyaf eSolutions to accelerate its digital transformation, focusing on the infrastructural development of their mobile and web customer channels. As companies focus on digitization to enhance their market offering, BCFC aims to reinforce its market leadership by introducing enhanced digital customer journeys and innovative experiences to the market.

Through this partnership, Codebase Technologies will support Bahrain Commercial Facilities Company in introducing customer-centric offerings by implementing digital customer onboarding, eKYC, instant credit card issuance, and instant personal finance propositions. Leveraging Digibanc fintech and digital banking platform, the global open banking API solutions provider Codebase Technologies will deploy multiple market-ready Digibanc components on top of BCFC’s existing core system. Integrating these components will accelerate BCFC’s capability to provide innovative financial solutions at speed and scale.

Atyaf eSolutions, Codebase Technologies’ channel partner in Bahrain, has been the bridge between the two companies. Atyaf eSolutions will provide AWS Cloud Services and their own infrastructure-managed services to Bahrain Commercial Facilities, on which the Digibanc platform will run. The digital project will help BCFC fast-track their digital-first agenda, increase its speed of innovation, grow market share, enhance cost-efficiency, as well as improve customer acquisition and retention by leveraging digital channels.

Commenting on the partnership Abdulla Bukhowa, Chief Executive Officer, Bahrain Commercial Facilities Company commented on the initiative, “Partnering with Codebase Technologies and Atyaf eSolutions is a tremendous opportunity for the company. We are confident in our partner’s expertise in the space of finance, banking, and technology; and the accomplishments they’ve achieved in the past. We are experiencing a period of rapid digital transformation, globally and regionally, and through this partnership we will be able to improve our market offering and our speed of innovation to reflect the changing needs of customers.”

Managing Director – MENA for Codebase Technologies, Tamer Al Mauge said, “BCFC has been an integral player in Bahrain’s market, and we are proud to be part of the next phase of their journey towards digitalization. With the support of Atyaf eSolutions, we look forward to enhancing BCFC’s customer experience and digital offering by creating seamless, fast, intuitive, and robust solutions in the coming months. We are glad that our Digibanc platform will play a key role in helping BCFC achieve their vision and we look forward to a fruitful collaboration with Atyaf eSolutions and Bahrain Commercial Facilities Company.”

Ubaydli Ubaydli, Chairman of Atyaf eSolutions added, “One of our key drivers at Atyaf eSolutions is embracing challenges for success. Seeing Bahrain Commercial Facilities Company take the same course to build innovative solutions for their customers is as fulfilling as it is promising. We are also excited to collaborate on this initiative with a globally respected FinTech Codebase Technologies. We look forward to collectively helping Bahrain Commercial Facilities Company better position their digital offerings and grow their market share. “In the same context, Mr. Ubaydli stressed that such an achievement comes in line with what Vision 2030 seeks to achieve in diversifying national GDP and transforming Bahrain into a digital financial Hub in the Middle East. “

Previous Article

August 25, 2022

Deel launches Instant Card Transfer to make paying contractors quicker and easier

Read More
Next Article

August 26, 2022

Covr Pro brings its digital insurance platform to independent financial advisors

Read More

IBSi Daily News Analysis


February 23, 2024

API Banking

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

Vencora acquires CREALOGIX to expand its banking technology services

Read More

February 23, 2024

Axway to buy most of Sopra Banking Software activities for €330m

Read More

February 22, 2024

Kani Payments taps Pismo for data reconciliation and reporting

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023