The Kenya Bankers Association have released the findings of their latest survey which looks at the interplay between banks, mobile network operators and agency banking. The survey shows that a majority (60%) of Kenyans are utilising mobile phones to perform financial transactions, which has been helped by increased commitment by banks to offer mobile banking
The Kenyan banking industry has successfully upgraded its Automated Teller Machine (ATM) network following an industry wide initiative that was spearheaded by the Kenya Bankers Association (KBA), the industry umbrella body. In an effort to enhance ATM security in the country, KBA members have adopted the global standard known as EMV, which is based on
Habil Olaka, chief executive officer (CEO) of the Kenya Bankers Association (KBA), has called for more investment in mobile money technology by banks to increase accessibility to banking services. Olaka, who officially opened the seventh annual AITEC Banking and Mobile Money COMESA Conference in Nairobi today, said adoption of mobile technology would increase efficiency and
