Why Kenyan banks are ripping out the payment pipes behind their mobile apps.
Kenyan lenders spent the past decade putting sleek smartphone screens over batch-era settlement switches. I&M Bank’s deal with New York’s Otoma marks the point where front-end polish hits a back-office wall, forcing boards to replace the plumbing that traces, clears, and reverses digital money.
First Reading · 31 Oct 2026 · 11 min read