Mobile money subscribers will from January 1, 2021 be charged for transfers above Kshs 100 after the emergency measures introduced by the Central Bank of Kenya (CBK) to facilitate increased use of mobile money transactions [c]
Mastercard has announced Cyber Secure, an AI-powered suite of tools that allows banks to assess cyber risks across their ecosystem and prevent potential breaches. With these capabilities, banks can identify and prioritize threats and vulnerabilities [c]
In 2019, 773,943 users of Kaspersky solutions globally were attacked by banking Trojans. Of those users, a third (35.1%) were in the corporate sector. African countries were affected too: almost every hundredth user (varying from [c]
Kaspersky security researchers have reported on thousands of notifications of attacks on major banks located in the sub-Saharan Africa (SSA) region. The malware used in the attacks indicates that the threat actors are most likely [c]
Infobip, a cloud communications company for businesses and vendor of omnichannel engagement solutions, is enhancing its presence in Kenya. By using Infobip’s omnichannel solution, Kenyan businesses can choose the optimal communication channels for specific types [c]
The news that three Dutch banks as well as the Dutch Taxation Authority were hit earlier this year by targeted distributed denial of services (DDoS) attacks holds grave cybersecurity warnings for African businesses of all sizes. [c]
If there’s one industry we should be most concerned about when it comes to cyber criminals and security, it’s the one that looks after our money. “The financial services industry is under continual threat [c]
Kenya Bankers Association’s subsidiary Integrated Payment Services Limited (IPSL) has received a global accolade for its role in delivering PesaLink, a real-time payments platform for banks. PesaLink has picked the Best Banking Initiative Award in [c]
The African e-commerce sector is plagued by cash, with the majority of payments still being made in cash at the point of delivery. Understanding the impact of this challenge, Mastercard has partnered with Nigerian tech [c]
Banks and payment organizations are finding it difficult to manage online financial fraud in today’s connected and complex technological landscape according to a new survey by Kaspersky Lab and B2B International. Over a third (38%) [c]
Nairobi is set to host the second annual Payments East Africa 2016. The conference, to be held at the Radisson Blu Hotel from September 27 – 28, comes at a time when banks and telcoms [c]
By Eyal Benishti Imagine for a minute that you are the CISO of a financial institution. One morning, a member of your security team hastily awakens you and informs that a major cyber attack took [c]
Mitsumi Group through its technology arm Komtel Kenya has unveiled a 24-hour automatic cash deposit machine that will be expected to significantly reduce the long queues that are normally experienced in banking halls particularly during end [c]
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