A cultural view of loan defaults in Namibia
From 2019 to 2024, Namibia has witnessed growing household borrowing alongside a noticeable rise in defaults
Credit bureaus, credit scoring, and payments gateways for lenders in Kenya
Financial inclusion in Kenya has made remarkable strides, largely driven by the rapid adoption of online loans. The ease and accessibility of digital lending solutions through payment gateways in Kenya and credit bureaus have created a new frontier for millions of Kenyans previously excluded from traditional financial services. Mobile money has been a game changer […]
What you need to know about Nigeria’s Open Banking
Two years after the first Open Banking framework circular was released, the CBN issued operational guidelines for Open Banking on Tuesday, March 7, 2023, heralding a start for what many anticipated would bring about a much-needed change in financial services.