Data privacy is redefining customer trust in Kenya's financial sector

That promise was not merely ethical; it was central to why people trusted financial institutions with their money in the first place...

✨ Key Highlights

Data privacy is profoundly reshaping customer trust within Kenya's financial sector. Historically, confidentiality has been the cornerstone of this trust, with financial institutions assuring customers of the discretion of their financial affairs.

For decades, confidentiality formed the foundation of trust in Kenya’s financial sector.
Organizations like banks, Saccos, insurers, and investment firms are all involved.
The core promise to customers has been that their financial affairs remain private and shielded from improper disclosure.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article

Related News

top3w ago

Why Kenya’s Private Sector Is Poised for a Hiring Surge in 2026

Kenya’s private sector is set for a significant hiring surge in 2026, driven by increasing demand and strong business confidence. Firms are expanding workforces, reflecting a robust economic performance at the close of 2025 according to the latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI).

Kenyans

📰 Read Full Story

1w ago

Why blended finance is gaining traction in Kenya's search for sustainable funding

Kenya is increasingly exploring blended finance as a strategy to secure sustainable development funding without escalating its debt. This approach combines public or concessional funding with private capital to attract long-term investment into crucial sectors.

The Standard Business

📰 Read Full Story

Video

Farmers across Kenya increasingly seek financial support directly from customers, friends and family

NTV Kenya (Youtube)

3w ago

2w ago

Kenya's mining sector faces litmus test on social welfare as investors get jittery

Kenya's mining sector is facing scrutiny regarding social welfare as the Mrima Hills project, valued at over Sh8.1 trillion, attracts international bidders. A recent consultative meeting saw Kwale County Deputy Governor Chirema Kombo walk out, highlighting growing tensions.

The Standard Business

📰 Read Full Story

3d ago

Trump moves to secure foothold in Kenya's critical minerals sector

The United States is actively pursuing investment in Kenya’s critical minerals sector to counter China’s global dominance. This initiative will culminate in the US-Kenya Critical Supply Chains Conference in Nairobi.

The Standard Business

📰 Read Full Story