Kenya is experiencing a significant transformation driven by the increasing adoption of smartphones. Recent data from the Communications Authority of Kenya (CA) reveals that consumers are rapidly transitioning from feature phones to smartphones, reflecting broader socio-economic and technological
KB Kookmin Bank has made a significant stride in its effort to broaden global customer accessibility by adding Indonesian language services to its "KB Star Banking" mobile platform. This move now enables Indonesian speakers to manage their financial activities, including accessing account and
The Reserve Bank of India (RBI) has released a comprehensive set of draft guidelines aimed at bolstering liquidity risk management among banks, with a special focus on the rapidly evolving landscape of internet and mobile banking (IMB). This move follows an extensive review conducted by RBI
Bank of America’s CashPro app has seen remarkable growth and success in the realm of mobile business banking, reflecting significant shifts in corporate payment behaviors and digital banking expectations. Through the first half of 2024, the CashPro app processed an astounding $500 billion in
The transition to cashless transactions in Europe is gaining momentum, with Cyprus and Greece leading the way. This shift is facilitated by significant technological advancements and a notable change in consumer behavior, particularly accelerated by the COVID-19 pandemic. As cashless payments
In an era where digital convenience is increasingly pivotal, the Royal Bank of Scotland (RBS) has taken a significant leap in banking innovation. The bank has introduced a fingerprint login feature for its mobile banking app, aiming to augment both user convenience and security. This technological
