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Verofax wins Bahrain Islamic Bank s BisB Innovation Challenge 25 January 2021
Source: Verofax Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced Verofax as winner of the BisB Innovation Challenge , a Fintech Competition run as part of the Bank s partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab , the Kingdom s open application programming interface (API) innovation platform. Verofax, a mature and enterprise-ready service provider, was selected after rigorous screening to ensure a solution with the requisite level of feasibility and security to maintain the confidentiality and security of customers financial data.
Verofax named winner of BisB Innovation Challenge
MANAMA, January 25, 2021 Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced Verofax as winner of the BisB Innovation Challenge , a Fintech Competition run as part of the Bank s partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab , the kingdom s open application programming interface (API) innovation platform. Verofax, a mature and enterprise-ready service provider, was selected after rigorous screening to ensure a solution with the requisite level of feasibility and security to maintain the confidentiality and security of customers financial data. Verofax, founded by Wassim Merheby, and technology partner Turnkey Lender proposed a unique approach in emerging as the Fintech with potential to build the most promising Proof of Concept (PoC) for the sought solution. Verofax offered a PoC for a Credit Scoring solution, incorporating alternative and unstructured datase
Verofax is the Winner of Bahrain Islamic Bank s BisB Innovation Challenge
BAHRAIN, Jan 25, 2021 - (ACN Newswire) - Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced Verofax as winner of the BisB Innovation Challenge , a Fintech Competition run as part of the Bank s partnership with FinHub 973: CBB (Central Bank of Bahrain) Digital Lab , the Kingdom s open application programming interface (API) innovation platform. Verofax, a mature and enterprise-ready service provider, was selected after rigorous screening to ensure a solution with the requisite level of feasibility and security to maintain the confidentiality and security of customers financial data.