Banks
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News
Bank to mobile charges are back as High Court declines to extend order
Safaricom will continue to charge its customers transfer fees for transactions between banks and mobile wallets after the High Court…
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News
Payments firm enza group launches to serve African banks and fintechs
enza Group: Africa has a very vibrant fintech and payments ecosystem. This space is expected to grow exponentially over the coming…
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News
CBK kick-starts process to remove 4.2 million digital borrowers from CRB
The Central Bank of Kenya (CBK) has directed financial institutions to work with more than four million Kenyans who have…
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News
Mastercard to bring crypto trading capabilities to banks
Mastercard has introduced a new program to enable financial institutions to bring secure crypto trading capabilities and services to their…
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Apps
[24Bit Podcast] The State of Banking Apps in Kenya
We all have a bank account, don’t we? And many of us use an app to operate our accounts, yes?…
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BUSINESS
Banks tipped on healthy competition with FinTechs
If banks are to adequately compete and address the challenge posed by the growing influence of fintechs into their space,…
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News
TUNDE OLADELE: How banks can leverage technology to rebuild and maintain a healthy credit portfolio
The defining issue in the success of a bank is the quality of its loans. Yet Covid has torn through…
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Interviews
[Interview] Femi Apesin, OnePipe Growth & Marketing Lead: We are making API integration seamless for African banks and fintech companies
The African fintech space has been growing rapidly in Africa over the last few years. Fintech generally refers to companies…
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CLOUD
[Africa Cloud Review] Simon Ngunjiri: African Banks Increasingly Embracing Cloud
Financial services in Africa such as banks and insurance firms are beginning to embrace cloud as they seek to modernize…
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BUSINESS
Enhanced Report Gives Kenyan Lenders Ability to Improve Consumer Risk Decisions
The Covid-19 pandemic has put Kenya’s financial institutions, including commercial banks, at the heart of a fast-changing crisis. The reason…
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24BIt
24Bit Podcast Episode 18: Mobile Money and Mobile Banking Transaction Rates in Kenya
Do you use mobile money services? Okay, what kind of a question is that? Kenya is very synonymous with mobile…
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News
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.…
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News
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…
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CYBER SECURITY
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…
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CYBER SECURITY
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…
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CYBER SECURITY
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…
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