Key nine SASRA reports have been deployed to enable compliance and streamline reporting for financial groups in Kenya.
The reports can be activated on the feature function for the SASRA regulated Non-WDT financial groups.
Below is a sample report and it provides for the signature
Overview The enhancement to Auto Debit functionality, now enables the separate payment of registration and subscription fees through Auto Debit. This update streamlines the payment process, making it more convenient for members while ensuring timely fee collection for financial institutions. Key Changes Enhanced Auto Debit Capabilities: Membership Policy Configuration:
To enhance borrower flexibility and improve financial planning, we have introduced Bi-Weekly and Bi-Monthly repayment options under our Credit Product Policy. These new tenure options allow borrowers to choose a repayment schedule that aligns with their cash flow and financial commitments. New Repayment Options ✅ Bi-Weekly – Loan installments will be due every 2 weeks…
Wakandi CAMS has an update to the import tool, introducing additional data fields for SACCO members and the Micro Finance Institution’s customers. This enhancement ensures more detailed member profiles, improved data accuracy, and streamlined management processes. What’s New? The following data fields have been added to the import tool to provide a more comprehensive member…
Implementing a PIN on USSD is crucial for enhancing security. It ensures that only the authorized user can access loan applications, by protecting against unauthorized access. This helps to curb fraud, ensures privacy and builds trust. This is an advanced security feature. Users must now create/reset a USSD PIN via the USSD portal before applying…
This feature update introduces enhanced security and accessibility for USSD services by allowing users to create or reset their PINs. Here’s a summary of the key aspects: These updates significantly enhance the overall security of USSD access while providing a more accessible and streamlined process for users. To create or reset the PIN, the user…
We’re excited to introduce a new feature that allows you to easily transfer group members between different groups! 🎉 This enhancement streamlines member management, making it quicker and more flexible. Key Benefits: How to Transfer a Group Member: Step-by-Step Guide Disclaimer: Before transferring, ensure the client does not have any loans, shares, or savings with…