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Eastern Africa

Central Bank of Kenya Issues Guidance Note on Cybersecurity

The leveraging on technology by banks exposes them to increased cyber risks. In this regard, the Central Bank of Kenya (CBK) has issued a Guidance Note on Cybersecurity that outlines Read More →

UnionPay International Collaborates with the Largest Commercial Bank in Kenya to Enhance Payment Innovation

UnionPay International announced that it has deepened its cooperation with Kenya Commercial Bank (KCB), the largest bank in Kenya. First, the two will jointly issue the first UnionPay card with Read More →

TerraPay Launches International Mobile Money Transfers to Uganda

TerraPay, the world’s first mobile payments switch, announced that it has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country. Read More →

UBA Introduces First Mastercard Debit Card in Mozambique

United Bank for Africa Mozambique (UBA) announced the launch of the first Mastercard debit card in Mozambique to financially empower its citizens. Focused on displacing cash, the electronic payment solution Read More →

mHITs Australia Launches a New Way to Send Money to Zimbabwe Using Mobile Money

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced a new and very affordable way to transfer money from Australia to Zimbabwe using mobile money.  The Australian mHITs Read More →

Commercial Bank of Ethiopia Expands ATM Network to Improve Channel Management

NCR Corporation, a global leader in omni-channel solutions, announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding its ATM network with the addition of Read More →

KCB Bank and Planet Payment Announce Launch of Pay In Your Currency in Kenya

KCB Bank, East Africa's oldest and largest commercial bank, and Planet Payment, Inc, a leading provider of international and multi-currency transaction services, announced the launch of Pay In Your Currency Read More →

Going Cashless In Kenya With UBA And Mastercard Payment Solutions

United Bank for Africa (UBA) announced the rollout of two Mastercard electronic payment solutions in order to deliver cashless solutions to all Kenyan's. The UBA Debit Mastercard and UBA Mastercard Read More →

Centenary Bank And Mastercard Partner To Boost Financial Inclusion

Centenary Bank and Mastercard have announced at the Annual Bankers' Conference their multipronged approach to digitising Uganda's economy in support of the National Financial Inclusion Strategy. Following the recent signing of Read More →

Sub-Saharan Africa Driving Global Market for Mobile Money

Sub-Saharan Africa accounts for more than half of all mobile money deployments worldwide and is pioneering a range of new mobile money use cases, according to new GSMA data. The Read More →
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