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Mastercard and Jordan Kuwait Bank Launch First World Elite Biometric Credit Card in Middle East & Africa

Mastercard and Jordan Kuwait Bank (JKB) have partnered to launch the Jordan Kuwait Bank Biometric World Elite Mastercard – the first commercially-available Mastercard biometric card in Jordan and the first World Elite card in the Middle East and Africa region to feature biometric authentication Benefiting from Mastercard’s industry-leading technology, Jordan Kuwait Bank cardholders will be the first in Jordan to enjoy fast and easy...

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Financial Inclusion on the Agenda as Mukuru Card Customers can Now Make Online Purchases

Mukuru, one of the largest remittance companies in Africa and a leading next generation financial services platform, has announced that its Mukuru Card has been activated for online purchases in South Africa, allowing holders of the card to take part in the eCommerce revolution even if they don’t hold traditional bank accounts. Mukuru CEO Andy Jury says one of the promises of fintech is financial inclusion, and so making the Mukuru...

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Workpay Partners with Kwara to Offer Streamlined HR & Payroll Services to SACCOs in Kenya

The partnership will enable SACCOs to efficiently manage their Human Resource operations in one platform. Digital banking fintech startup Kwara has partnered with Workpay to offer Savings and Credit Co-operative Societies (SACCOs) in Kenya with human resource management and payroll processing solutions.The partnership will enable SACCOs to automate their Human Resource (HR) processes as a complimentary service to Kwara’s products i.e...

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Standard Bank Brings Apple Pay to Customers

A safer, more secure and private way to pay with iPhone and Apple Watch Leading financial services provider Standard Bank, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. Customers simply hold their iPhone or Apple Watch near...

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Mastercard and Meta Join Forces to Support the Digitization and Growth of SMEs in MEA through Times of Uncertainty

Collaboration to benefit SMEs in the Middle East and Africa region  The world is moving at a faster pace with globalization being fuelled by technology which is enabling companies to scale beyond borders at a pace of months as opposed to years previously. In this context, Mastercard is collaborating with Meta to support the digitization and growth of SMEs across the MEA region by organizing a training webinar that will provide SMEs...

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Standard Bank’s 2022 Pricing: Minimal Fee Increases, Focus on Digital Adoption to Bring Cost Savings for Clients

Clients can look forward to cash convenience, free value-added services, and simplified fees In the current, challenging economic environment, clients are seeking value and cost-savings more than ever before. With these needs front of mind, Standard Bank has developed its 2022 pricing strategy, which aims to ensure that clients, from consumer to business banking, can enjoy peace of mind in knowing that they will not be impacted by...

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Bank One Elite Banking awarded “Best Mass Affluent Banking Offering” for its Cross-border Services

The “Best Mass Affluent Banking Offering” title recognises the efforts of Bank One in serving mass affluent customers Bank One (www.BankOne.mu) announced that it won the Best Mass Affluent Banking Offering award in the Service Innovations category at the Global Retail Banking Innovation Awards 2021 (GRB21) organised by the Digital Banker. Every year, The Digital Banker celebrates “the world’s most cutting-edge retail banks that...