Make MENAFN My Home Page
 
  Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- KFH wins prestigious 'Innovative Product of Year' award  Join our daily free Newsletter

MENAFN - Arab Times - 14/04/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab Times) #Kuwait Finance House (KFH) has won the prestigious "Innovative Product of the Year" award from Cards International for the product "Wave and Transfer" which was launched in November 2013. Salem Al-Duwaisan, Senior Manager, Card support at KFH said after receiving the award in Dubai at the Prepaid Middle East Awards Ceremony sponsored by Visa, that winning this award underlines KFH's leading role in the market as the pioneer in offering innovative products that cater to clients' needs, meet their aspirations, add value to the market, and spur the market to further innovate and compete for the benefit of the comprehensive development in economy



He added that this award highlights KFH's excellence on the level of banking industry in #Kuwait and the region, and KFH wouldn't have won such award if it hadn't reflected positive results and huge turnout. Moreover, Al-Duwaisan elucidated that "Wave and Transfer" process steps are easy, where Al-Osra Prepaid card primary holder should sign-in to KFH Online application and then choose "Wave and Transfer" service among the services list. Secondly, the Supplementary device should only open KFH Online Application and chooses WVE option from the main page.




Thirdly, both devices should also be waved simultaneously within a range of 3 meters in order to let the primary device detect the supplementary device. And fourthly, the primary cardholder should then register and assign the supplementary cardholder device to his prepaid account for the 1st time only. He said that this is initially launched for Al-Osra prepaid cardholders and studies are underway to expand to other segment of Prepaid Cards. Al-Osra is family expense cards where the package can have one main card and up to six related prepaid supplementary cards where the main card holder will be able to transfer funds to the related cards accounts



Al-Duwaisan added that KFH is delighted to be the winner of this prestigious "Innovative Product of the Year" from Cards International. He went on to say that with a strong innovative team combined with best technical knowledge, we are proud of our leading role in the card industry. He continued "Al-Osra is one of the best products in KFH's card portfolio where "Wave and Transfer" added a unique banking experience to the cardholders, enhanced the cards value, and met clients' expectations

 
 


Arab Times




Muslim rebel group sounds IS alarm - MILF seeking to prevent militants from gaining foothold, ,8/23/2017 4:16:13 PM



(MENAFN - Arab Times) DATU SALIBO, Philippines, Aug 23, (AFP): The Philippines' largest Muslim rebel group said Wednesday it had lost 10 fighters in battles to stop a 'growing force' of radical ...


Spain police find belt with real explosives, ,8/23/2017 4:15:51 PM



(MENAFN - Arab Times) 2 held in Morocco over suspected links to Barcelona attackers People display flowers and candles to pay tribute to the victims of the Barcelona and Cambrils attacks on the ...


Malaysia-Singapore territorial dispute could cloud search for US destroyer survivors, ,8/23/2017 3:48:23 PM



(MENAFN - Asia Times) Since Monday's collision of the US destroyer John S. McCain, both the Malaysian and Singapore authorities have been issuing statements that claimed the incident took place in ...


Infosys board plans measures to calm rattled investors, ,8/23/2017 3:48:23 PM



(MENAFN - Asia Times) Last week's shock resignation by Vishal Sikka, the CEO of Infosys Ltd, India's second largest software services exporter, has spooked the country's bourses and the top ...


Vodafone, Idea seek to clear regulatory hurdles for merger, ,8/23/2017 3:48:23 PM



(MENAFN - Asia Times) With India's telecom industry going through a major churn due to a predatory price war unleashed by Reliance Jio Infocomm, many players are either exiting the market or going ...


Iraq not to become firing ground for neighboring states, says FM, ,8/23/2017 11:19:27 AM



(MENAFN - Trend News Agency ) Baku, Azerbaijan, Aug. 23 By Rufiz Hafizoglu – Trend: Iraq will not allow being turned into a firing ground for neighboring states, the country's Foreign Minister ...


Ilham Aliyev views conditions at new block of secondary school in Baku (PHOTO, UPDATE), ,8/23/2017 11:19:27 AM



(MENAFN - Trend News Agency ) Details added (first version posted on 11:07) Baku, Azerbaijan, Aug. 23 Trend: President of Azerbaijan Ilham Aliyev has viewed conditions created at a new block ...


FM: Turkey ready to become mediator between Baghdad, Erbil, ,8/23/2017 11:19:27 AM



(MENAFN - Trend News Agency ) Baku, Azerbaijan, Aug. 23 By Rufiz Hafizoglu – Trend: If the central government of Iraq and Erbil (capital of the Kurdish autonomy of Iraq) want Turkey's mediation ...


Uzbekistan, Kazakhstan discuss upcoming joint events, ,8/23/2017 11:19:27 AM



(MENAFN - Trend News Agency ) Baku, Azerbaijan, Aug. 23 By Kamila Aliyeva – Trend: Kazakhstan's delegation paid an official visit to Tashkent, according to the information published on the ...


Rouhani considers attending UN General Assembly, ,8/23/2017 11:19:27 AM



(MENAFN - Trend News Agency ) Tehran, Iran, August 23 By Mehdi Sepahvand –- Trend: Iran's President Hassan Rouhani and his team are reviewing the prospect of his attendance at this year's United ...




 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help