Intelligent Fin.tech Issue 02 | Page 10

NEWS

Ajman Bank launches Mastercard Touch Card

Mastercard and Ajman Bank have strengthened their commitment to inclusion through a new initiative designed to expand access to the digital economy .

Touch Card is an accessible payment card that will allow blind and partially-sighted people to easily facilitate payments and distinguish between its cards .
There are few effective ways for those who are blind or who have reduced vision to quickly determine whether they ’ re holding a credit , debit or prepaid card , particularly as more cards move to flat designs without embossed names and numbers . Mastercard is addressing this challenge with a simple innovation and has introduced a system of notches on the side of the card to help consumers use the right card , the right way .
“ At Ajman Bank inclusion is an integral aspect of our Corporate Social Responsibility ( CSR ). Innovation has the power to change the world for the better ,” said Mohamed Amiri , Chief Executive Officer , Ajman Bank .
“ We are delighted to partner with Mastercard to be the first movers to help drive this innovative solution that will help us to respond to everyone ’ s needs . For visually impaired customers , selecting the right card can very often be a challenging experience .
“ Touch Card allows consumers to quickly distinguish which card they are using through the three distinct notches . We ’ ve always appreciated Mastercard ’ s vision for thinking of new ways to innovate and do things differently to serve more people .”

CommBank partners with Mambu to develop Unloan

OKX , one of the world ’ s largest crypto exchanges by trading volume , has launched the OKX Football Festival in anticipation of national football teams meeting in Qatar . The OKX Football Festival consists of the NFT Football Cup , the 2022 OKX Football Cup Trading Competition and the Earn Super Hatrick fan token staking series .

Kicking off the OKX Football Festival is the NFT Football Cup , which offers a total of US $ 1 million in spot rewards . Fans can mint up to three free NFTs corresponding to their favourite national teams . NFT holders will split spot rewards of US $ 20,000 each time their team advances through the group stages , with the prize pools for each eliminated team being transferred to the team that knocks them out . OKX will add US $ 10 to the prize pool for each NFT minted . Users will be allowed to participate in the event with any ETH wallet .
“ OKX is here to help people find new and innovative ways to celebrate their passions ,” said Haider Rafique , Chief Marketing Officer , OKX . “ As we raise our flags in support of our national teams , I hope these digital experiences help bring the crypto and football communities together and show newcomers the world of opportunities Web3 and crypto can offer them . OKX is investing heavily in its already leading Web3 Wallet and NFT Marketplace platforms and I can confidently say that this exciting festival is only the beginning of the new opportunities we ’ ll be offering .”
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