Kenya's Central Bank strengthens payments system
The changes, according to the CBK, will allow for shorter settlement times, more efficient processing, and greater liquidity management for financial institutions.
Lezeth Khoza
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1:00
Fintech LemFi gets additional remittances license in Kenya
The latest license will enable the fintech to provide remittance services in collaboration with Kenyan fintech Flex Money Transfer.
1:40
Kenya permits fintech LemFi to offer remittance services
The fintech, which entered the Kenyan market in June last year, gained clearance yesterday and pledged to provide secure services while complying to the Central Bank's regulatory framework.
2:00
Kenya takes a step towards regulating crypto-currency
The government has invited the Blockchain Association of Kenya to produce the first draught of the Crypto Bill, which might lead to the regulation of crypto-currencies.
1:30
Kenya’s Data Commission clamps down on digital lenders
Regulatory body confirms intention to audit firms after having received over one thousand complaints, including that related to data privacy breach.
1:50
Kenya confirms merchant interoperability across mobile money networks
Country’s Central Bank says it is progressing with efforts to achieve full interoperability by 2025.
2:40
Visa opens its first Africa innovation studio in Nairobi
Resource is the first in Sub-Saharan Africa and will provide Visa partners with cutting-edge capabilities to co-create future commerce solutions.
1:40
Central Bank of Kenya reins in digital lenders
Financial regulator looks to address what it describes as ongoing malpractice in the industry.
1:50
Central Bank of Kenya confirms digital currency ambitions
Institution details ambitions in National Payment Strategy for 2022-2025.
1:30
Most Kenyans opt for the mobile money route to remittance
Central Bank of Kenya releases findings of December 2021 survey.
1:30
Consumer-to-Business transactions dominate Kenya’s mobile money landscape
Recent CA report on 2019/2020 financial period.
2:20
Kenya: spike in digital mobile loans raises concern over customer data
Some service providers are extracting data from the mobile devices of unsuspecting customers.