CBK gets bigger role on digital payment systems
CBK gets bigger role on digital payment systems Monday February 01 2021 By OTIATO GUGUYU Summary Treasury CS Ukur Yatani says the growth of State services on digital platforms came with increased risks of fraud or cybercrime which could lead to significant loss of government revenue. The Central Bank of Kenya (CBK) is set to tighten oversight of mobile money as the government moves to safeguard billions of shillings paid through its expanding digital service platforms. Treasury Cabinet Secretary Ukur Yatani said the growth of State services on digital platforms came with increased risks of fr...
Source: businessdailyafrica.com