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African financial institutions are increasingly using blockchain technology to facilitate payments

There is recognition across the board that blockchain technology is the next step in the evolution of digital payments in Africa.

South africaSouth africanGideon greavesUnited capital plcWorld bankZenith bankAfrican reserve bankKhokha councilCentral bankBank settlement systemSub saharan africaKenya electronic paymentSettlement systemNorth africaFederal governmentInter bank settlement system

Bulk bank cash transfers hit record despite tough economy

The value of bulk money transfers in real-time rose by 19 percent in March to hit a record high.

Central bankKenya electronic paymentSettlement systemReal time gross payment systemCentral bank of kenyaKenya electronic payment and settlement systemUlk bank cash transfersBulk transfers

Central Bank of Kenya boosts large payments via upgrade of system

CBK has boosted large value transactions represented by the Kenya Electronic Payment and Settlement System (KEPSS) by migrating the platform to new global standards.

Central bankNational payment strategyNational payments systemKenya electronic paymentSettlement systemReal time gross settlement systemCentral bank of kenya

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