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LemFi receives CBK approval for Kenya remittance operations

News | Mobile Payments | 08 Apr 2024

US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.

remittance, mobile payments, digital wallet, FX , money transfer

CBK launches QR Code Standard to boost digital payment usage

News | Online Payments | 04 May 2023

The Central Bank of Kenya (CBK) has announced the launch and implementation of the Kenya QR Code Standard 2023 to increase the usage of digital payments.

product launch, payments , digital payments, digitalisation, QR code, QR payments, payment methods, PSP, banks, card scheme, fintech, financial services, banking, mobile money, POS, ecommerce, Issuer, financial inclusion

Central Bank of Kenya upgrades its large payments system

News | Payments General | 13 Apr 2023

The Central Bank of Kenya has upgraded its Kenya Electronic Payment and Settlement System (KEPSS) by migrating the platform to new standards.

payments , central bank, banks, product upgrade, digital payments