Digital Banking
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News
CBK Data Shows Digital Banking Growth Outpacing Investment in Research Teams
A large section of Kenya’s banking industry went through 2025 without allocating money to research and development, according to findings…
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News
Backbase Report Reveals Mobile Now Drives 75% of African Banking Traffic
Backbase, a leader in AI-powered banking, in partnership with African Banker Magazine, has published the fourth edition of the Africa…
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BUSINESS
Equity Bank Confirms Intermittent Downtime on its Digital Banking Channels
Equity Bank has issued a public notice confirming an ongoing service disruption affecting its digital banking platforms. The bank described…
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News
Secure Banking; How to Avoid Losing Money in Fake Online Security Checks
While digital banking offers significant convenience, it also brings a growing challenge from sophisticated fraud. One of the latest scams…
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News
Equity’s Digital Channels Now Process 86% of All Transactions
Equity Group has announced that a significant 86% of all its transactions are now conducted through digital channels. In its…
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News
LOOP App: A Fresh, Intuitive Experience
In an era where digital banking is changing how Kenyans interact with their money, LOOP app has taken a big…
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BUSINESS
Equity Bank’s digital banking transactions surpass Ksh. 7 trillion
Transactions on Equity Bank’s digital banking platforms surpassed Ksh. 7 trillion as compared to legacy banking at just over Ksh…
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News
Equity Bank: Unlocking convenience and security in the digital banking era
The global landscape is undergoing a remarkable transformation towards digital banking, with an ever-growing number of customers embracing its offerings…
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News
Unpacking Faulu Microfinance Bank Digital Solutions
Kenya’s banking sector has been evolving over the years, thanks to the emergence of technology, especially mobile phones that shifted…
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News
Nigerian digital bank Umba launches its operations in Kenya
Umba, a pan-African digital bank that acquired Kenya’s Daraja Microfinance Bank last year has officially launched its operations in the…
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Startups
Digital banking app for African immigrants Waya officially launched
Waya, a digital banking app that seeks to make it easier for African immigrants to send money back home is…
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BUSINESS
57 percent of Africans do not hold any kind of bank account, BPC report
57 per cent of Africans do not hold any kind of bank account, including mobile money accounts. This is according…
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CYBER SECURITY
Cellulant Partners with Entersekt To Curb Digital Banking and Payment Fraud
Africa’s financial tech company Cellulant has partnered with Entersekt, a firm specializing in device identity and omnichannel authentication. The partnership…
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BUSINESS
Digital and mobile channels to be key service delivery platforms for financial service providers
As countries prepare for imminent easing of movement restrictions and resumption of normal operations in most sectors of their economies,…
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COLUMNS
[Column] Open banking to transform East Africa’s digital financial services
Open banking is revolutionising the financial services landscape across the world, and presents opportunities for transformation and financial inclusion throughout…
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BUSINESS
Standard Chartered Bank launches its Mobile Digital Platform in Kenya
In February 2018, Standard Chartered announced that it will launch its digital solution in four key markets during the first…
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News
Standard Chartered to launch digital-only retail banks in Kenya, Uganda and Ghana
In response to the growing consumer demand for innovative banking services, Standard Chartered has announced that it will launch its…
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COLUMNS
Opinion: The Overlooked Potential of Africa’s Rural Spaces and Consumers
Rural areas are arguably the most overlooked spaces in Africa. This is true both in terms of government services as…
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