Benefit Launches “Masar” Fintech Internship Program to Expand and Empower Bahrain’s Youth

In collaboration with the Supreme Council of Women

Manama, Bahrain: – BENEFIT, the Kingdom’s innovator and leader in the cash generation and electronic money transaction services box, announces the launch of its annual FinTech internship program “Masar” in its first edition, in collaboration with the Supreme Council of Women (SCW), to empower and expand young women in Bahrain to participate in the Kingdom’s thriving FinTech sector and generate long-term solutions. The customized internship experience will allow Bahraini university academics and recent graduates to learn from industry experts, gain basic skills and practical knowledge, and be informed on how to collaborate to expand cutting-edge FinTech solutions, through their arrival into the FinTech ecosystem.

On this occasion, Ms. Hala Al-Ansari, Secretary General of the Supreme Council for Women, praised the programme, organized in cooperation with BENEFIT Company, as a tool to increase the participation of Bahraini women in the cash mill. The program aims to close the gaps between education and the labor market to create promising opportunities and develop the capacity of generation in the long term, especially with the economy moving towards virtual transformation through the expansion of the financial technology and virtual generation sectors.

Mr. Abdulwahed AlJanahi, CEO of BENEFIT, commented on the initiative: “We invite outstanding university academics and recent graduates with applicable examination experience and a hobby for the monetary and fintech sector to participate in our unprecedented internship program and create positive results. “society has an effect through its fundamental learnings. By strategically focusing on supporting academics, recent graduates, the business network, and fintech entrepreneurs in the long term, we will effectively dominate and definitively influence the rapidly becoming and increasingly vital fintech-driven market sectors across the Kingdom. , while empowering women in FinTech. space. “

He added: “We need Bahrain’s young people to be adaptable, cutting-edge and disruptive in an ever-changing world. Programs like those will do just that by creating pathways for those who need to push barriers and move their communities forward. “

The FinTech internship program “Masar” will start with an in-depth orientation program, which will come with painting workshops that will highlight the ecosystem and services of BENEFIT, as well as data on very important topics such as the fight against money laundering, monetary crimes, data and cyber security, monetary literacy, etc. In addition, the program will be offering applicants the opportunity to work in BENEFIT departments, with on-the-job education that will be divided into 3 pathways, adding knowledge services, payment services and business. support.

The personalized program will end with a final assignment in which academics are challenged to present their most exclusive concept to win a trophy for the “Best Innovative Idea in FinTech”. The state-of-the-art concept presented should optimize existing processes, simplify and reduce operating costs, generate a new line of profits for the corporate and raise the price to the corporate

All interested applicants are invited to apply on benefit’s online page in Benefit. bh/masar/. Applicants will be required to speak Arabic and English fluently and it will be decided whether they meet the eligibility requirements.

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About PROFIT

BENEFIT was established in 1997 and is authorized through the Central Bank of Bahrain (CBB) as a supplier of auxiliaries to the Kingdom’s monetary sector. BENEFIT is owned by Bahraini banks, regulated through the Central Bank of Bahrain (CBB), to provide state-of-the-art payment capabilities, data control responses and business procedure outsourcing services in other sectors of the Kingdom of Bahrain and the region.

The diversity of BENEFIT, supported through GCCNet in the countries of the region, includes the operation of ATMs (ABM), point of sale (POS), GCCNet, GCCNet dispute control system, Credit Reference Bureau (CRB), telecommunications bill payment (Tele BP), direct debit (DD), payment gateway (PG), Bahrain Check Truncation System (BCTS), Withdrawal of Amex card, eCheque, EFT, National e-wallet and National eKYC Platform for financial sectors.

For media inquiries, please contact: Joelle Almaz Joelle@andrapr. com

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