I&M Bank Tanzania, a leading bank with customer-centric digital solutions, has partnered with Mastercard, a technology leader in the global payment industry, to launch a suite of Debit and Multicurrency Prepaid Cards.
Octagon Africa, a prominent financial services provider operating in Kenya, has obtained official approval from the Retirement Benefits Authority (RBA) to oversee Tier II contributions.
The Central Bank of Kenya (CBK) has launched a new QR code standard that aims to promote digital payments in the country.
Mastercard has launched Cross-Border Services Express, a digital tool that simplifies international payments for financial institutions and their customers, including SMEs and consumers.
Mastercard has announced that it will be removing first-use, PVC plastics from payment cards on its network by 2028, as part of its sustainability commitments.
The economic fortunes of Kenyans in the diaspora have significantly improved in recent years, with diaspora remittances or money sent back home by Kenyans living abroad steadily rising to become the country’s top forex exchange earner.
The citizens are in limbo following the revelation from the National Treasury Cabinet Secretary CS Prof Njuguna Ndung’u about the state being in a strained economical status.
The charges were waived in 2020 as part of the emergency measures to cushion Kenyans and to facilitate use of mobile money in the context of the COVID-19 pandemic
Absa Bank Kenya PLC has partnered with Interswitch, an electronic payments and infrastructure company, to provide financial assistance to Small and Medium Enterprises (SMEs).
KCB customers will be able to access financing to buy BasiGo electric buses. KCB SAHL Banking customers, who are under the Shariah-compliant banking model, will also be able to purchase electric buses from BasiGo at affordable rates.