Tag: Central Bank of Kenya
Combatting financial fraud: Kenyan banks employ AI to monitor employees, wither...
Kenyan banks are increasingly employing artificial intelligence (AI) to monitor their employees as part of a comprehensive strategy to combat fraud in the sector....
Central Bank of Kenya approves LemFi’s Remittance to Kenya, in partnership...
RightCard Payment Services Limited, trading as LemFi has announced that it has obtained additional approval from the Central Bank of Kenya (“CBK”) to operate...
Kenya’s Equity Bank hit by $2.1 million debit card fraud, 19...
Equity Bank, Kenya’s biggest bank, was the target of a debit card fraud in which the perpetrators stole $2.1 million.
According to a letter...
Central Bank of Kenya approves LemFi remittance to Kenya, in...
RightCard Payment Services Limited, trading as LemFi, has received approval from the Central Bank of Kenya (CBK) to operate remittances into Kenya in partnership...
Kenya is in talks to legalize cryptocurrency
The Kenyan Senate Standing Committee on Information, Communication, and Technology is throwing its hat into the cryptocurrency ring.
According to TrendsKE, the committee, led by...
Kenya gives digital lenders ultimatum
The Central Bank of Kenya (CBK) has given all digital lenders up to Saturday, September 17 to apply for operational licences or risk being...
Flutterwave has no license in Kenya – Central Bank
The Governor of Kenya’s Central Bank, Dr. Patrick Njoroge has finally made it clear that Africa’s biggest fintech and highest valued startup Flutterwave is...