02/02/2021

CBK gets bigger role on digital payment systems

“To mitigate against such threats, CBK is in the process of formulating a National Payments Strategy to address emerging risks and guide the payments ecosystem in Kenya,” he added.

02/02/2021

Regulate mobile money, but don’t kill innovation

A National Payments Strategy will "address emerging risks and guide the payments in Kenya and ensure pricing practices are reflective of the overall stance on customer-centricity, affordability, and transparency."

02/01/2021

TrueLayer Launches New Open Banking Based Payment Method

Built on open banking and the fastest available bank payment rails, it provides firms with instant payments and withdrawals, while accelerating KYC and AML processes, to deliver the most complete solution on the market.

01/28/2021

CBA boosts tech spending to fend off fintech rivals

Mr Comyn made the comments following a presentation on technology that also included its executive general manager of everyday banking Kate Crous, managing director of X15 Ventures Toby Norton-Smith, and the local head of Klarna, Francine Ereira.

01/27/2021

Fintech Albert raises $100m

American mobile banking, saving and investing app Albert has raised $100 million in a Series C funding round led by General Atlantic.