BANKING

IDEMIA makes Smart PIN available to Ditto Bank, the next-generation French bank specialized in currency managementMay 16, 2018

(AETOS Wire) -- Launched in February 2018, Ditto Bank is a new generation digital solution, which offers multiple accounts in different currencies to frequent travellers, cross border commuters, expats and students who study abroad. Smart PIN service enables Ditto Bank customers to access their PIN codes instantly in their banking smartphone app. A seamless customer journey means that there is no need for them to wait days to receive their PIN code, which is available immediately, and use their card. As this feature of the smartphone app can also be used for PIN reminders, the card will also be easier to use, since there is no risk of customers forgetting their PIN codes! Ditto Bank has selected IDEMIA to work on the project from Day 1, in 2015. IDEMIA brought the new digital bank a suite of products, such as the Ditto Bank card and packaging and related Smart Services including Smart PIN,......

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AMMAN picks holes in shared network initiative of banksMay 12, 2018

Association of Mobile Money Agents in Nigeria (AMMAN) has pick holes in the Central bank of Nigeria (CBN) and money deposit banks’ recently launched Shared Agent Network initiative, saying that infrastructure on ground does not support massive rollout of agent network in the country.

Shared Agent Network initiative entails an aggressive rollout of a 500,000 agent network within two years to offer basic financial services. The approved CBN-Bankers"...

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EBRD Jordan meeting opportunity to explore more support, says ministerMay 7, 2018

Minister of Planning and International Cooperation Emad Fakhouri on Sunday said the European Bank for Reconstruction and Development's (EBRD) annual meeting and business form, which will be hosted by Jordan on Tuesday, provide an opportunity to explore prospects for extending further support to the Kingdom to address challenges arising from the Syrian refugee crisis.

The minister spoke as he welcomed EBRD President Suma Chakrabarti for a discussion on preparations for the high-profile meeting, which will"...

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Jordan to host EBRD’s annual meetingMay 6, 2018

Minister of Planning and International Cooperation Imad Fakhoury said that the 27th Annual Meeting and Business Forum of the European Bank for Reconstruction and Development (EBRD) which will be held under Royal Patronage during May 8-10, will provide an opportunity to discuss global challenges.

These he said, include supporting economic growth, combating climate change and enhancing the business environment.

Fakhoury said that the forum will take place in the King Hussein bin Talal Convention Centre"...

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Kingdom to host EBRD's annual meeting, business forum on May 9May 5, 2018

A total of 2,500 participants from across the globe are registered to take part in the European Bank for Reconstruction and Development’s (EBRD) 27th Annual Meeting and Business Forum, set to kick off at the King Hussein Bin Talal Convention Centre at the Dead Sea on May 9.

The forum will start next Wednesday with an opening speech by His Majesty King Abdullah, followed by a session on the future of the job market held under the patronage"...

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Xpress Money marks rise in remittances to Jordan from UAEMay 1, 2018

Xpress Money, one of the most dependable money transfer brands in the world, has marked a recent rise in expat remittances sent by Jordanians living in the UAE and around the world. In January 2018, global remittances to Jordan increased by 4% as compared to the same month last year, according to the Central Bank of Jordan. The value of remittances reached $308.2 million, compared with $296.3 million in January 2017. Xpress Money has"...

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Citi Private Bank Shares Critical Insights into the World of Family OfficesMay 1, 2018

(AETOS Wire)-- Citi Private Bank today revealed new thought leadership content for executives in the family office industry, who are increasingly relied upon by the world’s wealthiest families to manage their wealth and other family affairs.

This content will include critical insights into the workings of family offices and best practices gathered from extensive research by the Private Bank’s"...

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Sharkas says CBJ initiatives improve Jordan’s ranking in financial indexesApril 30, 2018

Central Bank of Jordan (CBJ) Deputy Governor Adel Sharkas on Sunday headed a session at the 2018 Arab banking conference, which was held in Cairo by the Union of Arab Banks.

Sharkas, in a session on the role of central banks in supporting the digital transformation and addressing the new monitoring and organisational challenges, stressed that Jordan, through the CBJ, has launched several initiatives that support financial technologies and provided"...

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