Discover all the payments and fintech-related news and analysis about Kenya in The Paypers News, Reports, along with other Kenya-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Kenya in The Paypers News, Reports, along with other
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Vienna Payment Solutions has partnered with Interswitch East Africa (Kenya) to improve payment solutions for financial institutions, retailers, and hospitality industry participants.
mobile payments, POS, partnership, contactless payments, payments , payment methods
Mono, a Nigeria-based fintech that builds Open Banking infrastructure that enables access to customer financial data and bank payments for digital businesses in Africa, has expanded to Kenya as it begins its post-funding continent-wide rollout.
expansion, fintech, Open Banking, financial data, banks
Visa has announced its partnership with Pesaflow in order to provide customers and clients in the region of Kenya with improved digital payments.
partnership, payments , digital payments, online payments, mobile payments, ecommerce, financial inclusion
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
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
A Kenyan High Court has frozen 56 bank accounts belonging to Flutterwave and other businesses connected with Nigerian nationals over money laundering allegations.
fraud management, money laundering, AML, regulation, credit card fraud
Kenya-based neobank 4G Capital has partnered with German SaaS provider Mambu in order to expand the former’s customer base across Africa.
partnership, cloud banking, cloud payments, fintech, neobanks, challenger bank
Nigeria-based fintech Flutterwave has been involved in another fresh trial in Kenya, shortly after its first case was solved.
AML, fintech, central bank, fraud detection, regulation
Paymentology, a global issuer-processor company, has announced its partnership with a Kenyan technology company, Boya, aiming to simplify expense management for businesses in Kenya.
partnership, online payments, spend management, fintech
Tanzania-based fintech NALA has launched a feature that allows Kenyans in the diaspora to pay local bills in their home country.
product launch, mobile money, mobile payments, payment methods, payments
US-based lending provider EDOMx has partnered with B2B SaaS fintech finbotsAI to enable credit risk management using AI.
credit scoring, lending, partnership, financial inclusion, artificial intelligence
Kenya-based communication solutions company Safaricom has partnered with EABL and Vivo to launch the Bar and Shell apps on the M-PESA application.
partnership, payments , online payments, digital payments, mobile payments
Kenya-based Equity Bank has introduced instant withdrawal capabilities from PayPal in a bid to support Kenya’s digital economy.
product upgrade, instant payments, digital payments, ecommerce
Kenya-based communication solutions company Safaricom and the Higher Education Loans Board (HELB) have partnered to launch the HELB mobile wallet and HELB M-PESA mini app.
product launch, mobile payments, lending, digital wallet, partnership
A Kenyan legislative committee has recommended the termination of Worldcoin in the East African country.
cryptocurrency, crypto asset, cryptocurrency exchange, regulation, data protection, data privacy
iPay has announced its partnership with Visa in order to introduce the latter’s Tap-to-Phone technology to simplify digital payments for customers in Kenya.
partnership, digital payments, payments , online payments, mobile payments, remittance, money remittance, ecommerce
Communication solutions company Safaricom has announced a partnership with Uber that is set to enable Kenya-based riders to pay for trips through the mobile money service M-PESA.
partnership, payments , paytech, fintech, payment methods, mobile money, mobile payments, financial inclusion
Nigeria-based fintech Flutterwave has reportedly been cleared of money laundering allegations which were levelled against it by the Assets Recovery Agency (ARA) in Kenya.
fraud detection, online fraud, money laundering, PSP, transaction fraud, payment fraud, regulation, payments , cybercrime, asset recovery, fintech, money transfer, banking
US-based payment technology corporation Mastercard has expanded its collaboration with Equity Bank in a bid to improve cross-border payments for the latter’s users.
partnership, cross-border payments, transactions , financial services, expansion, remittance
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