Beyon Connect, part of the Beyon Group, has announced that CFI Financial, a leading regional provider of online trading and investment services recently launched in Bahrain, has become the first investment platform in the kingdom to go live with eKey for Business (EKEY-B), the national biometric digital identity and eKYC platform for the private sector.

Developed by Beyon Connect in collaboration with Bahrain's Information & eGovernment Authority (iGA), EKEY-B is a core component of Bahrain’s eKey 2.0 initiative, extending trusted, passwordless and consent-based digital identity services to private sector organisations.

Through this integration, CFI Financial now offers clients a fully digital onboarding journey, powered by secure 3D facial biometrics, said Beyon Connect in its statement. 

The process eliminates passwords, OTPs, and manual document uploads, providing a seamless and highly secure experience for new investors, it stated. 

By leveraging Bahrain’s sovereign digital identity infrastructure, CFI ensures its services are not only user-friendly but also fully compliant with the Central Bank of Bahrain’s KYC regulations and the Personal Data Protection Law (PDPL).

Christopher Hild, CEO of Beyon Connect, said: "CFI’s adoption of EKEY-B reflects the growing momentum behind Bahrain’s digital identity ecosystem. It’s a significant milestone, not only for CFI but for the investment sector as a whole. We are proud to support this forward-looking launch and welcome CFI to Bahrain’s growing community of digital pioneers."

A leading provider of sovereign digital trust solutions in emerging markets, Beyon Connect develops and operates national-scale platforms including OneID (digital identity), OneBox (digital registered mail), and OneSign (digital signing). 

The eKey for Business platform is delivered by Beyon Connect on behalf of iGA. It forms part of Bahrain’s broader eKey 2.0 initiative, a national strategy to extend trusted, consent-based digital identity solutions to both the public and private sectors.

Yaseen Alsamerrai, CFI Country CEO Bahrain, said: "We are thrilled to embrace eKey for business in partnership with Beyon Connect. This integration aligns perfectly with our mission to provide clients with a fast, secure, and intuitive trading experience, while supporting Bahrain’s national vision for digital innovation."

Established in 1998, CFI Financial Group is a leading online trading broker with over 25 years of experience in the Mena region. Operating from key locations like London, Abu Dhabi, Dubai, Cape Town, Baku, Beirut, Amman, and Cairo, it provides seamless access to both global and local markets.-TradeArabia News Service