Innovative technology aids unbanked workers in accessing financial services.
Highlights:
- Cairo Amman Bank deploys iris recognition for payment disbursement.
- New technology targets financial inclusion for unbanked laborers.
- Innovative solution streamlines access to financial services.
- Initiative highlights advancements in fintech for underserved populations.
Cairo Amman Bank has introduced iris recognition technology aimed at disbursing payments to unbanked workers, marking a significant step in enhancing financial inclusion. This innovative approach allows individuals without traditional banking access to receive payments efficiently and securely. By leveraging biometric technology, the bank not only improves transaction efficiency but also fosters trust among its users. This initiative reflects a growing trend in fintech to address the needs of underserved communities.
