https://www.cnbcafrica.com/wire/645251/
Media Source: CNBC Africa
Date: 25 July 2024
Diamond Trust Bank (DTB), an affiliate of the Aga Khan Development Network (AKDN), is a tier one bank that is listed on the Nairobi Securities Exchange (NSE) and has operated in East Africa over 75 years with over 155 branches across Kenya, Uganda, Tanzania and Burundi. Through an agreement, -Network International will rein
Diamond Trust Bank (DTB), an affiliate of the Aga Khan Development Network (AKDN), is a tier one bank that is listed on the Nairobi Securities Exchange (NSE) and has operated in East Africa over 75 years with over 155 branches across Kenya, Uganda, Tanzania and Burundi. Through an agreement, -Network International will reinforce DTB’s digital-first strategy in the Kenyan market. Amidst surging interest in digital payment solutions across the country influenced by rising internet penetration and mobile phone usage, Network will enable DTB to benefit from advanced digital payment solutions, robust security protocols and a sophisticated API gateway. The partnership will also offer a variety of payment products and services including debit, credit and prepaid card hosting and processing as well as e-Commerce. The bank will also have access to a host of value-added services such as card fraud prevention, 3D Secure authentication, and card control solutions.