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Report: Growth of FinTech in Africa Set to Challenge Financial Providers
The FinTech sector in Africa is poised for exponential and rapid growth that will challenge existing financial services providers, despite the fact that it is in the early stages of adoption relative to the rest of the world. According to recent Frost & Sullivan analysis, the FinTech industry in Africa may experience a similar disruption seen in Australia, a country with financial services development comparable to South Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Jack Ma takes on murky China charities in first blockchain foray
Chinese billionaire Jack Ma wants to pry the lid off China's opaque charities. Ant Financial, the affiliate of Alibaba Group Holding Ltd he controls, is using the technology behind bitcoin to record transactions and improve the accountability of the country's philanthropic organisations.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- blockchain, fintech, philanthropy
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S. Korea to launch telemedicine project in Rwanda
The South Korean government, KT Corp. and Severance Hospital will team up to launch a telemedicine project in Rwanda, Africa, marking the first step of Korea’s global telemedicine project supported by government, business and hospital, an idea that has long been championed by the country’s President Park Geun-hye.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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The rise and rise of Mexican fintech
The financial services space ticks all the right boxes entrepreneurs look for when launching a company: hard to solve problems, meaningful impact, transformational technologies, clear business models and a solid financing environment.
- Categories
- Technology
- Region
- Latin America
- Tags
- fintech, venture capital
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GSK and Google parent forge $715 million bioelectronic medicines firm
GlaxoSmithKline and Google parent Alphabet's life sciences unit are creating a new company focused on fighting diseases by targeting electrical signals in the body, jump-starting a novel field of medicine called bioelectronics.
- Categories
- Health Care, Technology
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Viewpoint: Blockchain Can Bring the Unbanked into the Global Economy
Many banks and financial entities envision the blockchain as delivering value to their customers in the form of reduced fees, faster funds transfers and simplified processes. Much less heralded, but potentially far more dramatic, is the transformational impact the blockchain could have on the world’s massive unbanked population.
- Categories
- Technology
- Tags
- blockchain
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IBM steps up efforts in fight against Zika
International Business Machines said on Wednesday it would provide its technology and resources to help track the spread of the Zika virus. Oswaldo Cruz Foundation (Fiocruz), a leading research institution affiliated with the Brazilian Ministry of Health, plans to use IBM’s technology to analyze information from official data about human travel patterns to anecdotal observations recorded on social media.
- Categories
- Health Care, Technology
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Teen entrepreneur aims for a social change
Akshat Mittal, the teenage social entrepreneur, who had developed www.odd-even.com last year, is again ready with a new venture. This time he is determined to bring a social change in the country with a website - www.changemyindia.org.
- Categories
- Technology
- Region
- South Asia