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SentinelOne Plans to Invest $50 Million in India, Launches Operations Centre in Bengaluru
The company today launched its 'Operations Centre' in the city to help organizations in the broader region address the growing threat of cyberattacks.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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How Low- to Middle-Income Internet Users View Data Privacy and Protection: New Research From India and the United States
One side effect of the COVID-19 pandemic has been the increased adoption and expansion of digital services, including among low- to middle-income users. Decodis CEO Daryl Collins argues that it is becoming increasingly important to create a sense of inclusion and confidence among these consumers, as their usage of these services grows. She shares research findings that show how a sample of low- to middle-income customers in the U.S. and India are navigating the digital world – and what they think about the data-sharing these services are based on.
- Categories
- Technology, Telecommunications
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IBM and Digital Opportunity Trust Partner to Equip Middle East and Africa’s Youth With Digital Skills
Digital Opportunity Trust (DOT) has announced its collaboration with IBM, a multinational technology company, to among others empower youth in Africa and the Middle East with hi-tech digital skills.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Addressing Predatory Lending Apps: Lessons From the Regulatory Response in Indonesia, India and the Philippines
Digital lending apps have provided financial inclusion to many in emerging markets, but complaints about predatory practices have been surging over the last two years. Financial inclusion and consumer protection consultant Hema Bansal explains how misleading marketing, inadequate disclosure of pricing, terms and conditions, and inappropriate collections practices have led to new regulatory responses in Indonesia, India and the Philippines. She shares which of these steps have proven effective — and where there is still room for improvement.
- Categories
- Finance, Technology
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ADF Supports Digital Financial Inclusion for African Women With $6.95 Million
The Africa Digital Financial Inclusion Facility (ADFI), supported by the French Development Agency (AFD) and hosted by the African Development Bank (AfDB) has committed to financing digital financial inclusion in Africa with six grants totalling $ 6.95 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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In the Race for Dominance in African Fintech, Partnerships With Phone Makers Are Transforming the Landscape
Corporate partnerships and acquisitions have proliferated in Africa's fintech sector in recent years, as companies fight for dominance in the growing digital payment space. Digital economy analyst Jill Lagos Shemin highlights an emerging element of this trend: alliances between mobile phone makers and payment providers and telecom operators. She explores how these partnerships can boost customer access to smartphones and digital credit, while expanding Africa's digital finance ecosystem and building tech players' footprint in this sought-after market.
- Categories
- Finance, Technology, Telecommunications
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Viewpoint: Fintech Regulations, Financial Stability, and Data Privacy in India: So, What Is the Path to Go Forward?
In a recent development, the Delhi High Court received a Public Interest Litigation (PIL) from an applied economist, Reshmi P Bhaskaran, seeking to regulate the entry and operations of ‘TechFin’ platforms. Inter alia, the PIL asked the High Court to help develop a regulatory framework around the TechFin industry, also popularly known as the FinTech domain. Since then, the High Court has sought replies from various stakeholders, including the Ministry of Law, Ministry of Finance, RBI, SEBI, and NPCI regarding this issue.
- Categories
- Finance, Technology
- Region
- South Asia
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Avoiding Another Crash: How Global Standards Set after the 2008 Crisis Prepared the Financial System to Weather COVID-19
International standard-setting bodies have been working to strengthen global financial stability ever since the 2008 crisis. And according to Robin Newnham at the Alliance for Financial Inclusion, they are now playing vitally important roles in the global response to COVID-19. He explores how the global financial system is seeing the benefits of the reforms of the past decade – and how these efforts can expand in the future.
- Categories
- Coronavirus, Finance
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