01 Systems launches Switch to Digital Innovation Lab in Bahrain FinTech Bay

The Innovation Lab will also showcase applications from the world's leading FinTech software providers


Bahrain — 01 Systems announces the launch of its “Switch to Digital” Innovation Lab at Bahrain FinTech Bay. The innovation lab will showcase 01 Systems’ latest products and solutions in the digital space that are meant to help organizations in their digital transformation journey.

01 Systems’ end to end solutions are a unique combination of business know how and technology experience that cover all aspects of digital transformation. From a digital customer onboarding platform that can be used to onboard customers through any channel, to digital kiosk solutions that focus on providing interactive paperless transactions, among other solutions that incorporate biometric identification solutions offering additional security, richer experience, and ease of use to the organization’s customers.

The Innovation Lab will also showcase applications from the world’s leading FinTech software providers and will provide visitors with the opportunity to experiment with various solutions that are already implemented by 01 Systems in the top banks regionally and internationally.

"Being a founding partner of Bahrain FinTech Bay, we aim to help the financial sector in Bahrain to move forward towards a more digitized environment. Our deep industry experience helped many banks achieve digital transformation throughout the years, and we would like to build on that by working with Bahrain FinTech Bay and our Global partners to achieve new heights in the digital transformation space." said Ali Sharif, Founder and CEO of 01 Systems.

"The establishment of the 01 Systems Innovation Lab is a key step in furthering Bahrain’s FinTech ecosystem and spreading more awareness about the digital transformation process. We are proud that a Bahraini FinTech, which is serving clients globally is leading this initiative and we are excited to collaborate with them to support the wider ecosystem," said Khalid Saad, CEO of Bahrain FinTech Bay.

About 01 Systems

01 Systems is a leading banking software solutions provider, with more than 30 years of innovation in the fields of enterprise signatory management, content management, business process automation and branch digitization. Focused on the financial sector, 01 Systems assists more than 300 customers globally, to efficiently process/authorize millions of daily transactions.

Learn more about 01 Systems Website at http://www.01systems.com.

About Bahrain FinTech Bay

Bahrain FinTech Bay (“BFB”) is the leading FinTech Hub in Middle East, located conveniently in the Arcapita Building, Bahrain. Bahrain FinTech Bay provides a physical hub to incubate insightful, scalable and impactful FinTech initiatives through innovation labs, acceleration programmes, curated activities, educational opportunities and collaborative platforms.

Bahrain FinTech Bay partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, media agencies, venture capital and FinTech start-ups to bring the full spectrum of financial market participants and stakeholders together.

For more information on Bahrain FinTech Bay visit http://www.bahrainFinTechbay.com

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases