-
From Proxy IDs to Autonomous Payments: Why the Future of Financial Services is Hyper-Efficiency
Despite the rise of digital banking and other technological advancements, financial services are still plagued by significant inefficiencies. Author and serial entrepreneur Arunjay Katakam explores the causes and consequences of these inefficiencies — including their impact on lower-income customers — and discusses some emerging innovations that are addressing them. He explains why the sector's growing efforts to streamline back-end processes, reduce transaction costs and enhance operational efficiency will be pivotal in shaping the future of financial services.
- Categories
- Finance, Technology
-
National IDs linked to 80% of Identity Fraud Attacks in Africa
National IDs are the most attacked document type in Africa, according to Smile ID.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Smile ID Unveils Groundbreaking Report on Rising Identity Fraud in Africa
Smile ID announced its 100,000,000th identity verification and Africa’s first-ever analysis and report on Identity Fraud across Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, digital identity, research
-
Honduras Obtains $40 Million World Bank Loan to Digitize Civil Registration and Vital Statistics, Expand ID Verification
The project aims to automate the central American nation’s civil registry, prompt an increase in birth registration and the issuance of identification credentials to children, and then extend digital ID verification services to all of the country’s citizens.
- Categories
- Technology
- Region
- Latin America
-
Press Release: Report: 95% of Fintech Apps Across Africa Immediately Expose Valuable, Exploitable Secrets
Approov, the end-to-end mobile security provider, released a report showing that 95 percent of the most popular African banking and financial services apps contain easy-to-extract secrets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Nigeria Secures $500 Million Investment to Propel Digital Economy Growth
The minister emphasized the government’s strategy to keep the funding local, ensuring genuine Nigerian businesses benefit.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Kenya Suspends Crypto Project Worldcoin over Safety Concerns
Local media have reported that many Kenyans had signed up for Worldcoin in exchange for free cryptocurrency tokens.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Mastercard Launches New Data and Services Hub in Malaysia to Serve the Asia Pacific Region
The new office in Kuala Lumpur will serve clients across the Asia Pacific region with a suite of offerings beyond transactions.
- Categories
- Technology
- Region
- South Asia