The lending industry has undergone a significant transformation in recent years, with technology playing a critical role in reshaping how financial institutions assess and manage loan risks. Traditional methods of
The Central Bank of Kenya (CBK) has warned commercial banks that failure to comply with its lending guidelines could result in penalties amounting to three times their profits. This comes
Kenya’s telecommunications giant, Safaricom, has received approval from the Capital Markets Authority (CMA) to roll out its second money market fund, Ziidi, which will complement its existing financial offerings on
The world of financial transactions is undergoing a transformation, driven by the rapid adoption of biometric payments. This innovative system leverages unique physical or behavioral traits such as fingerprints, facial