Africa’s digital expansion has spurred significant progress in data privacy protection, with 39 out of 55 countries enacting data protection laws as of 2025, according to a report by Yellow Card. Among these, 34 nations have established dedicated data protection authorities to enforce compliance, the stablecoin-based infrastructure platform noted. Kenya, Nigeria, and South Africa, countries […]
I&M Bank has launched the ‘I&M Milele Rewards’ program in collaboration with Mastercard. The new program builds upon the bank’s previous card loyalty initiative, which has been rewarding debit and credit cardholders with cashback incentives on Point-of-Sale (POS) and e-commerce transactions for the past three years. The introduction of the Milele Rewards signifies a significant […]
I&M Bank Kenya has renewed its strategic partnership with Backbase, a leading provider of the Engagement Banking Platform. The collaboration aims to deliver innovative, customer-centric digital solutions across the bank’s Retail, SME, and Corporate Banking segments. Initially launched in 2021, the partnership marked a pivotal shift in I&M Bank’s focus towards enhancing its Retail market […]
Investing just one US dollar in digital transformation can generate an astonishing 8.3 US dollars return within a country’s digital economy, as highlighted in the recently unveiled Global Digitalization Index (GDI) by Huawei at GITEX Dubai 2024. Developed in partnership with the International Data Corporation (IDC), the GDI evaluates the maturity of a nation’s ICT […]
African crypto startup, Yellowcard, has successfully raised $33 million in venture capital funding, spearheaded by Blockchain Capital and supported by a diverse group of investors. The significant funding round will empower the company as it continues its rapid growth across the African continent. Founded in 2016 by Chris Maurice and Justin Poiroux, Yellowcard operates using stablecoins — cryptocurrencies typically pegged to the value of […]
Premier Bank has partnered with Mastercard and Tappy Technologies to introduce Tap2Pay, a pioneering solution that positions the bank as the first Somali bank to offer tokenized-passive payment wearables. The innovative advancement is a significant milestone for Africa’s payment ecosystem, providing consumers with a secure, contactless payment method through advanced wearable technologies. The Tap2Pay wearables […]
KCB Bank, established in 2015 and headquartered in Nairobi, Kenya, has rapidly become one of the country’s leading licensed financial institutions. With substantial assets and a broad customer base, KCB offers a variety of services tailored to meet the diverse needs of its clients. This comprehensive guide will help you understand what KCB Bank has […]
When it comes to online shopping, ensuring a seamless payment process is crucial for customer satisfaction. Payment gateways play a pivotal role in facilitating secure transactions between customers and online stores. They act as a secure bridge, transferring payment information safely, much like a digital cashier for your online purchases. Below are the 10 best payment […]
As Kenya continues to embrace digital transformation, online payment platforms have become essential tools for individuals and businesses. From mobile money services to secure digital wallets, these platforms provide an array of options for sending and receiving money. This guide presents top 10 online payment platforms in Kenya, outlining their features, strengths, and impact on […]
PayRetailers has announced its expansion into eight new African markets. This move brings the company’s total coverage to 12 countries across the continent, providing a streamlined payment solution for online merchants seeking to tap into Africa’s growing e-commerce sector. The payment processing firm offers a unified platform that simplifies cross-border transactions for businesses and grants […]