Equity Bank is rolling out a product that will allow users to access money send to them via Western Union through ATM stations and credit their Equity Bank Accounts.

“Western Union is pleased to strengthen this mutually productive and beneficial relationship with the inclusion of electronic banking channels that are customer-centric and technologically advanced.” Jean-Claude Farah, Senior vice president Western Union, Middle East and Africa. In a move that will further cement their…

The Central Bank of Kenya proposes to license stand alone money remittance service providers in a bid to regulate and control the diaspora remittance business which is growing at fast rates.