Diamond Trust Bank has partnered with Network International to drive digital payment innovation in Kenya. Under this agreement, DTB will further its digital-first strategy with Network International’s state-of-the-art processing platform.
This partnership will empower DTB with the ability to offer a wide variety of products in debit, credit, and prepaid card solutions, in addition to fraud prevention through enhanced security measures and 3D Secure authentication.
According to Jamie Loden, COO at DTB, “Our collaboration with a market leader like Network International will give us the capability to meet the increasing demand from our customer base for new and better card and digital banking experiences that are convenient, safe, and seamless—ensuring customer delight..
The partnership will go a long way in spurring financial inclusion, as both DTB and Network International are keen on meeting the rising demand for digital banking services within the country. According to Dr. Reda Helal, the Group Managing Director at Network International, the potential of the partnership to serve the growing expectations of the new middle class, the youth, and SME market segments—in particular, the unbanked population—seeking services that give them a digital lifestyle and include them financially is great.
The deal is a major step toward transforming the look of banking in Kenya by offering customers sophisticated digital payment features that are imbued with robust security.