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Ecobank Kenya Loses Millions of Dollars Due to Card Flaws Exposed as Fraud
Ecobank Kenya lost millions of dollars between 2020 and 2022 due to weaknesses in its card operations,which an internal report...
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Nigerian Startup Regfyl Raises $1.1 Million in Pre-Seed Funding
Regfyl, a Nigerian company that provides digital identity verification and fraud detection tools to businesses, has raised $1.1 million in...
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First Fully Robotic Heart Transplant Performed in Saudi Arabia
A medical team at King Faisal Specialist Hospital and Research Center (KFSHRC) in Riyadh, Saudi Arabia has made history by...
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Elon Musk’s SpaceX Launches its 7,000th Starlink Satellite, Owning Two-thirds of Earth’s Satellites
SpaceX achieved another massive milestone this week by launching its 7,000th Starlink satellite into orbit. This solidifies Elon Musk's company...
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GTBank Nears Completion of Core Banking Upgrade to Finacle
Guaranty Trust Bank (GTBank) is finalizing the transition to Finacle, a core banking software built by Infosys. The switch marks...
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Sterling Bank Migrates to Africa’s First Indigenous Core Banking System
Sterling Bank Limited has made history by becoming the first bank on the continent to migrate to an indigenous core...
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Andela appoints Carrol Chang, ex-Uber Executive, as new CEO
Andela, the company that became a unicorn by growing from a talent outsourcing firm, has now hired Carrol Chang, an...
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ChatGPT’s OpenAI strikes deal with Vogue Owner
OpenAI and global magazine giant Condé Nast just recently announced their partnership which allows ChatGPT and its search engine SearchGPT...
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Scammers infiltrate Nigerian crypto trading social media groups
Nigerians have been getting more and more involved in the Web3 space with crypto trading groups becoming very much rampant....
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Zone and NIBSS partner to cut POS fraud with blockchain technology
In an interesting partnership, Nigerian blockchain payments company Zone and the Nigerian Inter-Bank Settlement Scheme (NIBSS) are introducing blockchain technology...
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