Manama, Kingdom of Bahrain:- BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transaction services, has announced the closing ceremony of the annual ‘BENEFIT FinTech Award Series’ – Video Competition edition in collaboration with the American University of Bahrain ( AUBH). The award ceremony took place on the AUBH campus.
The video competition was open to all university students in Bahrain, who signed up for a series of workshops highlighting topics such as video editing and production, led by AUBH faculty, Dr. Mohamed Mukhtar and Mr. Khalid AlHasan, as well as Mr. Jaan AlBlooshi, an expert in the field ,=. =. The ceremony was attended by AUBH Provost, Dr. Jeff Zabudsky, BENEFIT’s General Assembly for Marketing and PR, Mr. Nezar Maroof, as well as management, academic faculty and students, where they saw the 6 final qualified videos, where each group presented their video concepts.
The judging panel included Ali Beshara, Head of Information Security and Risk Management at BENEFIT, Adel AlKooheji, Senior Manager – Digital Channel at BENEFIT, and Hamad BuSaad, Head of Retail Marketing at National Bank of Bahrain (NBB) as industry experts.
Hanan Hasan, Head of PR and Corporate Communications at BENEFIT, commented: “At BENEFIT, we pride ourselves on promoting educational and hands-on interaction with the youth, where they can be part of the larger FinTech community, interact with industry professionals to meet certain business requirements with a creative approach. The competition was designed to showcase student entrepreneurship in this sector in an innovative and informative way, and this award ceremony recognized the students’ outstanding achievement. We are delighted to have partnered with AUBH to promote this significant effort.”
AUBH Dean of Students, Dr. Amal AlAwadhi, commented: “It is with great pride that we celebrate the students’ success on this occasion. The students worked hard on their projects and invested time and effort in coming up with new concepts. The students showed innovation, determination and creativity throughout the process. In line with our mission to provide opportunities for students to realize their personal and professional goals in an engaging environment while fostering creativity, this initiative has empowered students and helped them discover their potential. It was a pleasure to collaborate with BENEFIT on such an initiative, and we look forward to more efficient and value-driven opportunities.”
BENEFIT awarded the successful participants the following cash prizes: 1st place: BD 600, 2nd place: BH 500, 3rd place: BD 400, as well as a trophy to commemorate their achievement. All other students who participated received BD 200 and a certificate of participation. The strongest videos were selected based on a number of factors, including their ability to highlight important concepts while being creative.
After a successful edition, students expressed their gratitude for the opportunity to interact with the fintech and cyber security industry, better understand their requirements and put their studies into practice.
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About BENEFIT
BENEFIT was established in 1997 and is licensed by the Central Bank of Bahrain (CBB) as an additional service provider to the Kingdom’s financial industry. BENEFIT is owned by banks in Bahrain, regulated by the CBB, to provide innovative payment options, information management solutions and business process outsourcing services across various sectors in the Kingdom of Bahrain and the region.
BENEFIT’s range of services – supported by GCCNet in countries in the region – includes the operation of Automated Teller Machines (ATM), Point of Sale (POS), GCCNet, The GCCNet Dispute Management System, Credit Reference Bureau (CRB), Telecom Bill Payment ( Tele BP ), Direct Debit (DD), Payment Gateway (PG), Bahrain Check Truncation System (BCTS), Amex Cards withdrawal, eCheque, EFTs, national eWallet and national eKYC platform for the financial sectors.
