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Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

There have been rare cases in the past, for instance, when Rocket Internet had to include Jumia’s financials in its yearly reports after going public. If you recall, we released a year in review in January 2020 before we released the fiscal year of 2019 report,” he told TechCrunch. billion (~$241.35 Image Credits: Carbon.

Banking 291
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How African CIOs can serve as agents of adoption for digital currencies

CIO

Despite an evolving internet penetration rate of 47% in 2020, according to Internet World statistics, the social use of ICTs remains the main cause of digital illiteracy in Africa. They have a better understanding of technology, information and people,” he says. People still equate IT with bureaucrats.

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CIO Fletcher Previn on designing the future of work

CIO

Fletcher Previn: Over the last few years, we have experienced the evolution of work in three phases: technology, cybersecurity, and culture. Phase one was getting the technology in place to support our employees in an environment of 100% remote work. How do you define ‘best-in-class’ from a social perspective? Is it noisy?

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Top 8 Banking Trends for 2023

Exadel

Financial software development , consulting, and transformation has swept across the banking industry. The banking industry will be undergoing a technological transformation in the year 2023. Top trends in banking to expect include cloud migrations, the use of DevOps and omnichannel strategies, and greater use of AI.

Banking 52
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How to Create a Banking Application from Idea to Ready Product?

Existek

How does mobile banking impact the future of the financial industry? Why do banks and financial institutions recognize the potential to offer mobile app services to their customers? Check this article on how to build a mobile banking app and discover the opportunities it opens for your business.

Banking 52
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#MyTechFrenemy

TechCrunch

Founded by Awodele in 2020, MyTechBestFriend (MTBF) launched to public acclaim, especially within the Black tech community. For a minimum of $3,000, it offers to teach people skills, such as technical writing, and help prime them find high-paying tech jobs. A lot of the people who signed up for MTBF were new to tech.

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Generative AI is pushing unstructured data to center stage

CIO

After all, we in the information management and technology industry have talked at length about unstructured data since “Big Data” was big news more than a decade ago. Since those early days, the ratio of structured and unstructured data has shifted as the Internet, social media, digital cameras, smartphones, digital communications, etc.