08/03/2023
With increasing digitalisation and use of online and mobile transactions, cybercriminals are having a field day. What is the scale of the problem and how can global law enforcement head off the criminals?
08/03/2023
Last month, a well-known Kenyan business was allegedly hacked and customer details such as credit card data were published.
08/02/2023
BNPL is a type of short-term financing where consumers can pay for items over time after an up-front payment.
07/31/2023
The insurers have also launched a website where all operators and agents are expected to upload the details of their motor insurance policy issued for record keeping and authentication.
07/31/2023
The project is collaborating with international universities and corporations to provide soft skills training to 300 African youth over the next three years
07/28/2023
But it is the hacking of e-Citizen — a government e-services portal — that has shocked the national intelligence and financial systems on the risk of a shutdown of public services days after the government shifted to the platform.
07/27/2023
Small and Medium-sized Enterprises (SMEs) are the backbone of Kenya's economy, driving employment and economic diversification.
07/26/2023
While businesses have embraced digital payments, many still operate on a cash basis as card machine rentals or upfront investments prevent them from going digital.
07/24/2023
More than 32 million Safaricom subscribers will be able to transact with the Asian countries
07/20/2023
The weakening of the Kenyan shilling against major global currencies has led to a high cost of imports that has in turn led to an increase in the cost of goods.
07/19/2023
Users will be able to engage in common internet activity
07/18/2023
Texas-based AST SpaceMobile is building the first space-based mobile broadband network accessible directly by standard mobile phones.
07/17/2023
GTBank was trending for the same issue
07/13/2023
The FCCPC Boss also spoke on involving the use of AI to boost the processes involved in money lending by these online banks, saying FCCPC will regulate its application to forestall abuse of consumer rights.
07/10/2023
A large part of the rising demand coming from South African consumers has been a desire for easier, faster and more secure ways to pay.
07/10/2023
The FITC data also revealed that there was a 79.44 per cent decrease in the total amount involved in fraud cases in Q1 2023 compared to the previous quarter, with a decrease from N12.58bn to N2.59bn.
07/10/2023
The Chief Executive Officer of the FCCPC, Babatunde Irukera, said the commission was ready to permanently shut down the activities of these apps.
07/07/2023
“collaboration among stakeholders will create revolutionary technology that made financial transactions easier and more accessible.”
07/03/2023
“When the cloud frenzy first started, everyone thought it would be significantly cheaper. But the South African market has matured, they understand the need for cost optimisation and careful management.”
06/30/2023
The collaboration will also see TerraPay leverage Attijariwafa Bank’s expertise in person-to-person payments