Artificial Intelligence (AI) has become one of the most talked-about and fastest-growing fields in the world, revolutionizing the way we live, work, and interact with the world around us. With the potential to transform industries such as healthcare, finance, retail, education, and transportation, it’s no surprise that AI has piqued the interest of job seekers, […]
Tag: digital transformation
From Silk Road to Digital Silk Road: Opportunities in Africa’s Growing Banking Industry
Once upon a time, the Silk Road was a vibrant network of trade routes that connected Asia with Europe, facilitating the exchange of goods, ideas, and cultures. The Silk Road was an economic powerhouse that helped shape the world as we know it today. But times have changed, and the Silk Road is now a […]
Evolution of Consumer Habits: Unlocking the Secrets to Staying Ahead of the Curve
Are you tired of feeling like you’re in the dark when it comes to understanding your customers’ habits? Don’t worry, we’ve got you covered! The world of consumer habits is constantly evolving, and it’s crucial to stay on top of the latest trends in order to gain a competitive edge. In this blog post, we’ll […]
Data Analysis: Are You Still Asking the Wrong Questions? You Might Regret It
You can never miss your way if you can ask the right questions. Good questions gives clarification. Data itself is useless. Ability to look beyond the numbers to draw insights matters. The correct info will empower you to help businesses make better decisions. Skilful questioning needs to be matched by careful listening. Asking the right […]
Here’s What You Don’t Know About NFT Data That Could Enable The True Value of Data
What value does NFT data bring to the business? The data in NFT gives businesses the ability to use it as an asset. It’s likely that you’ve heard that data is the new oil. However, the oil must be transported to where it is required, refined, and consumed. Because there is a significant benefit in […]
Complimentary Currencies: Forging A Path to Economic Revival in Emerging Markets
The debate on the future of money is not about inflation or deflation, fixed or flexible exchange rates,gold or paper standards, but about the kind of society in which money is to operate. – Georg Simmel, German philosopher and sociologist Over the centuries, we’ve learned of many forms of money and technological advancement across different […]
FinTech in Africa: After Payments What Next?
The pandemic has intensified the role of digitization, banks cutting costs, with customers handling transactions on their phones. Banks and fintech companies are competing for market share, sometimes collaborating, and competing to recruit top talents. Many African consumers are unbanked, underbanked, and underserved. Lack of access to financial services, especially in rural areas, affordability, expensive […]
FinTech Development in Nigeria: A Brief
Nigeria is the largest economy in Africa in terms of nominal GDP, and 26th in the World according to the IMF World Economic Outlook. Being the continent’s largest unbanked population, with a population of 200 million—40 percent of which is financially excluded, and digitally savvy, middle-aged and young affluent individuals, Nigeria’s FinTech space is worth looking into. Regulatory drive to […]
Central Bank Digital Currency vs Cryptocurrency: What We Need to Know
Bitcoin and other cryptocurrencies have become an increasingly established part of the financial landscape. Bitcoin has become a reference point for controversy since it was introduced to the world. Licit and illicit traders quickly adopted cryptocurrency. One of the primary concerns for governments is the use of cryptocurrency as a means to accommodate illegal financial transactions and anonymity. […]
Payment Innovations Government of Developing Economies Could Endorse
Technology adoption is rapidly increasing. The activity most affected by technological innovation and adoption has been payments. Money has taken many forms from objects like seashells, precious metals, paper, and now digital currencies, all to handle obligations between parties. Merchants are no doubt the lifeblood of economies. And one language every merchant speak is “payment”. The pandemic has accelerated the transformation of payments, with many countries looking into upgrading real-time gross settlement systems.