PayU Kenya Shuts Down After Licence Revocation
3 min read
The Kenyan subsidiary of the global payments firm PayU Kenya Limited has officially ceased operations following the revocation of its…
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Kenya Plans Cut In Mobile Money Fees To Drive Digital Finance
2 min read
The Central Bank of Kenya (CBK) has unveiled a bold plan to slash mobile money transaction fees by 57 percent,…
The AI Governance Kenya Needs For Fair Credit Access
5 min read
The recent Survey on Artificial Intelligence in the Banking Sector, by the CBK, provides an honest and sobering account of…
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President Ruto Launches DhowCSD At CBK
2 min read
Kenyan President William Ruto on Monday launched the Central Securities Depository dubbed DhowCSD to make it easier for Kenyans to…
Central Bank Of Kenya Director Of IT Resigns
2 min read
Central Bank of Kenya Director of Information Technology Department Anthony Gacanja, has resigned. Noted in a CBK Governor’s Circular to…
CBK Stops Unregulated Digital Lenders
2 min read
The Central Bank of Kenya (CBK) has approved only 10 Digital Credit Providers (DCPs) out of 288 applications received. CBK…
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Nigeria Shuts Down Okash and Other Loan Apps for Customer Privacy Violation
2 min read
The Nigerian Federal Government has unleashed its powers to police some loan apps that have violated customer privacy. The apps…
Kenyan Central Bank Opens Talk About Digital Currency
2 min read
The Central Bank of Kenya (CBK) has issued a discussion paper about the Central Bank Digital Currency (CBDC). CBDCs can…
Banks To Lobby CBK To Restore Mobile Cash Transfer Fees
2 min read
Banks are planning to lobby the Central Bank of Kenya (CBK) to restore charges on customers transfer of money from…
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iPay Receives CBK Nod As Payment Service Provider
1 min read
Financial services firm iPay has been authorised by the Central Bank of Kenya (CBK) as a payment service provider. Payment…
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