Digital Lenders Association (DLAK)
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News
Kenya’s new lending rules put AI-driven credit decisions and borrower assessments under scrutiny
Kenya’s digital lending regulations now place specific obligations on providers using artificial intelligence to make credit decisions, requiring them to…
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News
CBK puts a Sh1 million penalty on late fees as Kenya tightens rules for credit providers
Kenya’s non-deposit-taking credit providers now face a Sh1 million penalty if they fail to pay their annual regulatory fees by…
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News
Digital Lenders Oppose CBK’s Plans to Regulate Mobile Loan Interest Rates
As part of the Central Bank of Kenya (Amendment) Bill, 2020, the banking regulator is about to be given power…
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