Tag: Coop bank

Kenya’s Cooperative Bank to briefly shutdown banking services for weekend IT upgrade

Kenya’s Cooperative Bank to briefly shutdown banking services for weekend IT upgrade

Business, Technology
Cooperative Bank of Kenya will switch off banking services over the weekend for IT upgrade. In a notice published on the dailies on Thursday, the bank notified its customers and the general public that it will be upgrading its IT network to improve system performance and provide faster banking services. “All our banking services will be switched off from 10.00pm Saturday 8th June to 8.00am Sunday 9th June 2019,” the lender said. On the affected days, customers will be unable to use the bank’s ATM, mobile banking, VISA Card, agencies, Saccolink, account to Mpesa, Kenswitch, and all other services.
Digital Technology: Cooperative Bank Kenya Opens the door to CoopVisaCard

Digital Technology: Cooperative Bank Kenya Opens the door to CoopVisaCard

Business, Technology
As technology develops, financial institutions as well improve their services to well cater for the ever-increasing customer demands. The Corporate Visa Card assists management of costs and cash flow more efficiently in anorganization. The new technology card can be given to Senior Management staff to carter for allowances, corporate travel expenses, entertainment, etc. It simplifies book-keeping procedures and reducing dependency on petty cash. The Visa technology facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards and debit cards. It makes work easier for human as transaction work is reduced. Additionally, much has already been said about the opportunity for technology to disrupt the traditional banking system. The next ge