04/16/2020
The digital micro-lenders were the main driver of a surge in credit status reports requested from the CRBs to 12.40 million in 2018 from 4.38 million the year before, the Central Bank of Kenya (CBK) data show.
04/15/2020
Although the upsurge of mobile bank and digital apps have become an important part of the credit system in Kenya households and owners of small-and medium-sized businesses have taken advantage of their mobile phones to access quick loans, mostly without a
04/15/2020
African Development Bank has raised an exceptional $3 billion, three-year bond to help alleviate the economic and social impact of the COVID-19 pandemic
04/15/2020
On 23 March, Ramaphosa announced a Solidarity Fund had been created, saying: “Following consultation with social partners, we have set up a Solidarity Fund, which South African businesses, organisations and individuals, and members of the internatio
04/14/2020
The total cost of credit (TCC) for digital loans is very high
04/14/2020
Officially, South Africans do just 1.4% of their buying online according to card company Visa, but that figure is likely exploding during lockdown.
04/13/2020
In Ghana, the telcos have rather leapfrogged and are now leading the pack in terms of payment solution FinTechs.
04/12/2020
The Commissioner said the government leveraged on mass media to deliver lessons to students at home since the pandemic
04/09/2020
The demand is to have a single system than can meet all of the back office requirements, without the need for a large number of peripheral systems that are costly and sometimes unreliable.
04/08/2020
We encourage customers to use our digital banking channels
04/08/2020
The transaction is subject to the approval of the South African Competition Authorities, with the company describing the facility as “Africa’s most prestigious data centre”.
04/08/2020
Yet individual banks get stuck - and it’s never been more evident than now.
04/07/2020
Tala, one of the members, charges eight percent of the remaining balance in fees for one week delays after which the payment is moved down two weeks.
04/06/2020
To deliver on our promise to continually give our customers ‘more’, we worked with first-class tech experts to build the AccessMore app to suit our customers’ lifestyle and meet their financial needs.
04/06/2020
Kenya continues to make strides in financial inclusion for more than 10 years now thanks to digital solutions offered through the fintechs
04/03/2020
The hope is these moves, part of a wider set of promised economic reforms under prime minister Abiy Ahmed will help open up the Ethiopian economy.
04/01/2020
There have been increasing cases of cyber attacks as Kenyans embrace technology and move most services online.
03/29/2020
ModPo is a fast-paced introduction to modern and contemporary poetry, with an emphasis on experimental verse, from Emily Dickinson and Walt Whitman to the present.
03/29/2020
The COVID-19 pandemic has presented chief information security officers (CISOs) and their teams with two immediate priorities.
03/27/2020
The organizational network change management approach must ensure that VDI procedural frameworks, either through cloud computing or software installed in the central network servers system, incorporate a minimal risk regime that helps to manage incident r