Tag: banking rules
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Face recognition and OTP is compulsory for low salary transfers
The Central Bank of Kuwait now requires banks to use facial recognition and OTPs to confirm that low-income workers approve every transaction from their salary account, as part of a wider crackdown on fake salary payments. Read more →
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Your detail in shoun being linked with your bank for confirmation of salary and transfers.
PAM has linked its systems with the Central Bank of Kuwait to watch over private sector salary payments, with new rules protecting workers earning up to KD 300 a month. Read more →