Bahrain-based leading fintech and electronic financial transactions service firm, Benefit has signed an agreement to provide Qualified Electronic Signature (QES) services in Bahrain via the ‘OneID’ digital ID and ‘OneBox’ digital postbox solutions of Beyon Connect.
The solutions and capabilities of both organizations will transform how Bahrainis sign documents, not only ensuring compliance but also providing a seamless digital user experience through the use of cutting-edge digital solutions.
Under the agreement, Benefit will extend its Public Key Infrastructure (PKI) to integrate into the innovative OneID and OneBox solutions and services to reduce the need for the manual signing of documents, applications, and official paperwork. PKI enables a user to electronically sign or eSign a document and prove it’s from a legitimate source.
The partnership reflects both entities’ commitment to offer cutting-edge, highly secure, and simplified digital experiences to businesses, organizations and individuals across Bahrain which can be applied across multiple industries and sectors. The focus on ‘digital-first’ solutions is the product of a shared ambition to deliver trusted technology that simplifies the electronic signing and payment processes, increasing efficiencies through automation and lowering operating costs.
“We are pleased to join hands with Beyon Connect to offer our customers new innovative services by integrating Benefit’s trusted certificates into OneID and OneBox solutions. Trusted digital signing will support the changing needs of businesses, institutions and individuals in the evolving digital economy. We are committed to support the Central Bank of Bahrain’s ongoing initiatives in driving safe and compliant financial digital transformation within the Kingdom.”
Mr. Christian Rasmussen, CEO of Beyon Connect said that “We are proud to collaborate with Benefit, a trusted and respected Bahrain finance and technology partner, to deliver additional value and powerful extended use cases to OneID and OneBox. Our highly secure digital ID and communication platform is built on transparency, privacy, and trust, so we see real synergy with the value and technologies Benefit brings to the table.”
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