Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models....
In an effort to take advantage of mobile phone penetration, Postbank Kenya has launched a new banking service. The mobile offering, which is called M-Chama,...
Late payments dominate the news in Kenya, where corruption drains coffers and hurts suppliers. In other countries, ePayables has gained attention and adoption along the...
Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. According to...
Kenya’s biggest mobile phone operator, Safaricom, is against a proposed tax rise on mobile phone-based cash transfers. In a budget speech last week, the country’s Finance...
Partnerships between traditional FIs and nimble FinTechs have become more global in scope, with an eye on speeding payments throughout the supply chain. In the...
The authorities in the country of Kenya have charged 54 people — most of them civil servants — with stealing close to $100 million of public...
After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a leader in financial...
Given that the average American checks his Facebook page some 14 times a day, the social media giant’s decision to expand into online dating is less...