Manama, Bahrain: Beyon Connect, part of the Beyon Group, has announced a strategic partnership with Fintech Galaxy, the central bank-regulated Open Finance platform. The collaboration aims to streamline digital onboarding and enhance user experience by integrating Beyon Connect’s OneID technology into FinTech Galaxy’s FINX platform.
OneID, Beyon Connect’s digital identity and eKYC platform, enables users to digitise and securely store their verified legal identity in a digital ID wallet. The cutting-edge facial biometric and AI technology simplifies the onboarding and authentication process for enhanced digital services, ensuring a frictionless experience for users.
FINX is revolutionizing the finance industry by providing an Open Finance infrastructure that guarantees secure and stable API integrations between industry players. This innovative platform empowers MyFINX’s consumers with more control over their data and payments. MyFINX is a financial management app that centralizes all financial information and activity in one digital environment, giving users a high-level view of their financial footprint.
Christian Rasmussen, CEO of Beyon Connect, expressed excitement about the collaboration, stating, “We’re thrilled to work with FinTech Galaxy to drive the growth of their FINX platform in Bahrain. Our OneID product offers a highly secure and flexible solution to onboarding and authentication, and we’re confident it will bring significant value to FINX users in the region.”
Mirna Sleiman, CEO of FinTech Galaxy, shared the enthusiasm, saying, “We’re delighted to partner with Beyon Connect to incorporate their OneID solution into our FINX platform. This partnership enables us to offer our customers a more streamlined and secure user experience, which is essential in today’s digital landscape.”
Both Beyon Connect and Fintech Galaxy are committed to fostering innovation in the financial technology sector, and the integration of OneID into FINX exemplifies that commitment. As the world continues to embrace digitization, solutions like OneID will play a vital role in ensuring that users can trust the security and reliability of their online interactions.