Business, Finance & Economics Banks to Enhance Surveillance of Customer Transactions Following CBK DirectiveBy Golden MosesAugust 8, 2024 Business, Finance & Economics 3 Mins Read Commercial banks in Kenya have embarked on a significant overhaul of their transaction monitoring practices. This shift comes in response…
Business, Finance & Economics Central Bank of Kenya Makes ‘Purpose of Payment’ Field Mandatory for RTGS TransactionsBy Golden MosesJuly 29, 2024 Business, Finance & Economics 3 Mins Read The Central Bank of Kenya (CBK) has announced a significant regulatory update affecting online and mobile banking transactions. Starting August…
