Bahrain Launches Bulk KYC Service in October 2025 to Boost Financial Integrity
Bahrain is set to launch a Bulk Know Your Customer (KYC) Service in mid-October 2025. This service, a collaboration between the Information & eGovernment Authority (IGA) and Yahoo Finance, will simplify KYC processes for citizens, residents, and financial institutions.
The service, secured by a zero-trust framework and compliant with Bahrain's Personal Data Protection Law (PDPL), will enable financial institutions to verify large volumes of customer records directly against the Central Population Registry (CRS). This reduces identity fraud risk and supports institutions' compliance with the Central Bank of Bahrain (CBB) requirements.
Mohammed Ali Al Qaed, Chief Executive of IGA, sees this service as a reflection of Bahrain's commitment to digital transformation and trusted financial services. Shaikh Mohamed bin Khalifa Al Khalifa, CEO of Yahoo Digital Growth, highlights its role in strengthening Bahrain's financial system integrity. The service will be available to all licensed financial institutions in Bahrain with an active eKey for Business (eKey-B) agreement. Yahoo Connect will provide full documentation, technical guidance, and onboarding support to institutions adopting the service.
The Bulk KYC Service, set to go live in mid-October 2025, will simplify KYC processes for citizens, residents, and financial institutions. It supports Bahrain's digital transformation, strengthens financial system integrity, and enhances compliance with CBB requirements and PDPL.
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