Union54 Ventures into Africa’s Super App Landscape with ‘ChitChat’ Launch
Union54, a provider of innovative digital financial solutions, and Mastercard, a global payments technology company, jointly announced the launch of ChitChat, a social commerce platform. This collaboration represents a further step in their partnership, as Mastercard integrates its payment and USD Debit Card features into ChitChat, enabling card issuance in
Read MoreAddressing the Gap in Nigeria’s Consumer Electronics Retail Market
Nigeria hosts the largest population in Africa, including a sizeable pressurised middle class. This makes it an attractive market for consumer electronic and durable brands, yet only a handful of companies from the rest of the world have succeeded when they’ve entered this complex and dynamic market. One of the
Read MoreSiemens Xcelerator business platform goes live in Canada
Siemens Xcelerator, a scalable platform designed to speed up digital transformation (DX) initiatives for companies of any size, be they large multinationals or three-person start-ups, was formally launched in Canada last week at Collision 2023 in Toronto. The introduction, says Faisal Kazi, president and chief executive officer (CEO) of Siemens
Read MoreMore organizations confirm MOVEit-related breaches as hackers claim to publish stolen data
A number of organizations impacted by the mass hacks exploiting a security flaw in the MOVEit file transfer tool, including energy giant Shell and U.S.-based First Merchants Bank, have confirmed that hackers accessed sensitive data. According to Brett Callow, threat analyst at Emsisoft, the widely exploited vulnerability in Progress Software’s
Read MoreInstagram head says a Threads ‘Following’ feed is ‘on the list’ of upcoming features
Meta’s highly anticipated Twitter competitor, Threads, debuted yesterday and already has over 23 million sign-ups. The app is pretty similar to Twitter, but it’s missing a key feature: a feed that only displays posts from people you follow. Currently, the app has a single feed that shows you posts from
Read More3 Reasons Why AI and ML Add Value to SMMEs
Machine learning (ML), a branch of artificial intelligence (AI), is the subject of a lot of discussion. This might be confusing for SMME owners who can feel pressured to join the trend. This does not make it any less necessary. When SAP first introduced the concept of the intelligent enterprise,
Read MoreWhy knowledge management is foundational to AI success
Amid all the conversations about how AI is revolutionizing work—making everyday tasks more efficient and repeatable and multiplying the efforts of individuals—it’s easy to get a bit carried away: What can’t AI do? Despite its name, generative AI—AI capable of creating images, code, text, music, whatever—can’t make something from nothing.
Read MoreCapitec’s Technology-Driven Initiatives Tackle Environmental Challenges
In the spirit of World Environment Month, Capitec’s Manager of Operational Resilience and ESG Oversight, Adrien Kotzé, highlights the opportunities for banking clients to contribute to a greener future by utilizing technology-driven banking solutions. Here’s how banking technology enables South Africans to address environmental challenges: Going Digital The adoption of
Read MoreTechnological schadenfreude
I had a tweet Twitter go viral yesterday, at least relatively viral. Elon Musk could tweet a punctuation mark and get an orders of magnitude more traffic, but this was viral by my standards [1]. “That schadenfreude-like feeling when you realize something you felt you should learn but didn’t is
Read MoreSoftBank backs Japanese robotics startup Telexistence in $170M funding round
SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive in light of the current AI hype. Tokyo-based Telexistence said Thursday that it has raised $170 million (23 billion yen) in a Series B round of funding from SoftBank,
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