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Home»Business»How Kenyan banks are losing billions to fraud
Business

How Kenyan banks are losing billions to fraud

By By Brian NgugiAugust 5, 2025No Comments1 Min Read
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Study reveals how Kenyan banks lose billions to fraud
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AI trading. [Courtesy/ GettyImages]

Artificial intelligence (AI)-driven transaction analysis can explain a striking 82.7 per cent of Kenyan commercial banks’ financial performance, a new study has found, underscoring the powerful link between advanced monitoring and bank profitability. 

Beyond simple detection, advanced transaction analysis, particularly with the aid of AI, is emerging as the primary bulwark against increasingly cunning financial criminals, shifting the focus from reaction to proactive prevention.

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Artificial intelligence (AI)-driven transaction analysis can explain a striking 82.7 per cent of Kenyan commercial banks’ financial performance, a new study has found, underscoring the powerful link between advanced monitoring and bank profitability. 

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Published Date: 2025-08-05 06:15:00
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By Brian Ngugi
Source: The Standard
By Brian Ngugi

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Crystalgate Group is digital transformation consultancy and software development company that provides cutting edge engineering solutions, helping companies and enterprise clients untangle complex issues that always emerge during their digital evolution journey. Contact us on https://crystalgate.co.ke/
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