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Tag: Kenya Bankers Association (KBA)

Cheques And EFTs To Clear Same Day After System Upgrade

Bank customers are expected to access faster clearing services for cheques, direct debits and electronic funds transfers (EFTs) following an upgrade of the Automated Clearing House (ACH) to the ISO 20022 standard. The ACH is established to facilitate the transfer of payments. Announcing the system upgrade...

Cyber Shujaa: Opportunities for 1,000 Young Kenyan Women in 2023

In addition to training the executives, Cyber Shujaa places the graduates with employers and works with those who want to go into enterprise to incubate their businesses at USIU where they learn about entrepreneurship.

Banking Report Calls For Better Environmental Regulations

The Kenya Bankers Association (KBA) in collaboration with Financial Sector Deepening (FSD) Kenya, the International Union for Conservation of Nature  (IUCN) and the Mitsubishi Corporation Fund for Europe and Africa (MCFEA) have unveiled a study that quantified and analysed environmental risk exposure to banks. ...

It’s Now Easier To Buy a House In Nairobi As Prices Drop

The Kenya Bankers Association - House Price Index (KBA- HPI), showed that house prices contracted by a higher rate of 3.99% during the quarter, compared with a contraction of 3.70% in the third quarter.

Bankers, Payments Firms, Retailers Up In Arms Against Fraudsters

Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile and online safety awareness campaign held today, players in the financial, payments and retail sectors highlighted the importance of continuing to...

Mobile Apps Emerge Kings In Bank Transactions

Mobile apps topped bank customers’ preferences in2021, reinforcing a sustained uptake of contactless banking solutions that gained fresh traction in 2020 following the Covid-19 pandemic. According to the Banking Industry Customer Satisfaction Survey (2021), the preference for Apps was driven by the introduction of...