Author: Akin Naphtal

Akin Naphtal is an editor-in-chief and CEO of InstinctWave Group, with over 20 years of experience in Media, Marketing and Technologies.

Highly rated tech magazine, TechBerg has unveiled Ghana’s Minister for Communications and Digitalization, Mrs Ursula Owusu-Ekuful, as its Woman in Tech Wednesday (WTW). WTW, one of the most high-profile tech personality ratings is a weekly review and rating of female tech personalities across the globe. It’s a special publication based on critical analysis and facts in the tech space. As the Minister of Communications, she has oversight of the government’s infrastructure programme for the ICT Sector, the development of a robust framework to support the digitalisation of the economy and the scaling up of e-government services with national broadband and…

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Dutch challenger bank Bunq has hailed a “landmark” verdict in the Dutch courts over the use of artificial intelligence (AI) for anti-money laundering processes. The Dutch Central Bank (DNB) had originally prohibited Bunq’s use of AI and machine learning to conduct AML monitoring – a move that led Bunq to sue the central bank. The court has subsequently sided with Bunq. According to the bank, the unusual step of suing its banking supervisor was based on the potential “long-term detriment” to its users and the stability of the banking system as a whole had it “yielded to DNB’s anti-money laundering…

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Flutterwave, Africa’s leading payments technology company, announced the appointment of Marshall Lux, former JP Morgan Chase Chief Risk Officer of all consumer products, BCG and McKinsey Senior Partner, as Senior Advisor. He has extensive experience in model building, stress testing, portfolio management and optimization, line setting and increases, fraud, regulation, cyber, operations risk, and the like. Marshall brings a breadth of experience from over 30 years in financial services. At McKinsey, he served financial service clients across a variety of subsectors and led the firm’s Risk, Technology and Private Equity practices. After McKinsey, he served as Chief Risk Officer for…

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OneConnect Smart Technology, a technology-as-a-service provider and an associate of Ping An Group, has announced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking solutions, in the United Arab Emirates. It was jointly developed with Brazil-based tech company Pismo. OneCosmo allows customers to launch financial products in a matter of weeks due to pre-integrated and pre-configured features. It also enables real-time data streaming for greater insight into consumer behaviour through data analysis. OneCosmo is a flexible and microservices-led API-driven platform offering financial institutions the freedom to customise the solutions suite to meet their individual needs. To date,…

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GNY, the leading blockchain based machine learning business, has launched the GNY Mobile Wallet, allowing users to access the GNY blockchain conveniently through their Android and IOS mobile devices. The GNY Mobile Wallet allows users to manage their GNY assets and vote for the delegates that secure the GNY blockchain network. Users can also create new tokens on the GNY Mainnet network all from the convenience of their mobile devices. The GNY Mobile Wallet was developed by The Distance, an award winning UK-based mobile app developer.The Distance combined GNY’s futuristic aesthetic and cutting edge technology to bring access to the…

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Egyptian B2B trucking marketplace Trella has secured a further significant debt facility from ALMA Sustainable Finance (ALMA) and the US International Development Finance Corporation (DFC) to support the growth of its operations. Founded in 2018, Trella is a B2B technology platform and trucking marketplace connecting shippers with carriers in real-time. Active across the Middle East and Pakistan, the startup has more than 350 shipper partners including blue-chip brands such as Coca-Cola, Maersk, Mondi, Henkel, Amazon, and DHL. It also has over 30,000 carrier partners. In June last year Trella had completed a US$42 million Series A funding round, comprising US$30…

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Ghana’s biggest Tech industry awards, Ghana Information Technology & Telecom Awards (GITTA) now in its 12th edition has unveiled a comprehensive GITTA Winners League Table, showcasing brands that have participated and won awards in the last 12 years. The 12th Edition of the Awards is set to be held this weekend October 21, 2022, in Accra. The organiser of the Prestigious Awards event, Instinct wave is making a passionate appeal to businesses that are yet to incorporate the use of technology in their operations to do so before losing out. According to the Chief Executive, Akin Naphtal, the digital world…

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UK-based payments specialists, Allpay Limited, have joined forces with Salt Edge, a leader in Open Banking solutions, to allow the business to provide clients, including people with vulnerable financial situations, a seamless payment experience, being a part of the wider financial inclusion initiative of the company. allpay was established in 1994, providing swipe card payment facilities to allow revenue collection for local government and housing associations. With an aim to work with each of their clients to reduce costs, allpay created a suite of modern payment systems that are both cost[1]effective and convenient for the end consumer. allpay are committed…

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Tesla CEO Elon Musk via a recent tweet disclosed that Starlink satellite internet service will continue serving Ukraine even if the company doesn’t receive any subsidies from the Ukrainian government. In the recent Tweet, he said “The hell with it, even though Starlink is still losing money & other companies are getting billions of taxpayer $, we’ll just keep funding Ukraine govt for free.” A Silicon Valley investor David Sacks later responded by stating that “no good deed goes unpunished,” Musk tweeted in a reply; “Even so, we should still do good deeds.” Tekedia Mini-MBA (Sep 12 – Dec 3…

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CLOWD9, the world’s first cloud-native, cloud-certified, decentralized, payments processing platform, has launched today, revolutionizing the technology that sits behind global payments transactions The UK based fintech, founded by a team of payments experts, is an enabler for banks and fintechs, providing them with unrivalled controls, functionality and data with global coverage by design. Founded by Suresh Vaghjiani, Cosmo Spens, Artur Grabowski, Robert Hampel, and Peter Selman, CLOWD9 was created to transform the technology that underpins the global payments system. To date, innovation in payments technology has predominantly focused on front-end systems, leaving back-end systems fragmented and lacking truly global solutions.…

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