Greek firm introduces recovery software for Kenya’s banking sector

Greek financial solutions software firm Relational has launched a new solution, AroTRON Collections & Recoveries, targeted at Kenya’s banking industry. The firm unveiled the new solution to bank executives and patners at an event held in Nairobi. Focusing on non-performing loans (NPLs), presentations and discussions at the event also explored the rising trend of NPLs […]

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FinTech players to gather in Nairobi for the Finnovation Africa Series summit

More than 300 participants from established banking powerhouses to FinTech start‐ups will in May gather in Nairobi for the Finnovation Africa 2018 summit. The event will bring together stakeholders to tackle the most pressing questions for the progress of FinTech in Africa, providing a platform for them to engage in creating the future of financial […]

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Opinion: Of banks and cybersecurity

If there’s one industry we should be most concerned about when it comes to cyber criminals and security, it’s the one that looks after our money.   “The financial services industry is under continual threat from cyber crooks, and the methods they use to try and infiltrate bank security systems are becoming more sophisticated every […]

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Banks expenditure on IT Security is 3x Higher than Non-Financial Organisations

Financial institutions are under pressure to ramp up security, with trends such as the increased take-up of mobile banking putting banks’ IT infrastructure defenses at growing risk of cyber-attack. Increasingly, customers are playing an important role in highlighting security incidents, with a quarter (24%) of financial institutions saying that some of the threats they faced […]

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Banks globally still finding it hard to manage online financial fraud

Banks and payment organizations globally are still finding it difficult to manage online financial fraud in today’s connected and complex technological landscape. This is according to a survey conducted by Kaspersky Lab and B2B International.  The survey found out that over a third (38%) of the organizations admitted that it is increasingly hard to tell whether […]

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