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GITEX GLOBAL 2022: Believe the hype – it’s here

Welcome to GITEX GLOBAL. As the year started with the global tech rout, on-going inflationary concerns and the recent rebound, yet the tech industry is teeming with great optimism and opportunities at GITEX GLOBAL, as it gets ready to kick off its record 42nd...

PalmPay hits 10 million user milestone in Nigeria

PalmPay, a FinTech innovator aiming to make digital payment more accessible and flexible, has announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the...

UAE consumers turning to mobile apps for finance and retail services

As businesses in the UAE double down on mobile apps in a bid to increase customer engagement and spending, they are seeing highly positive results for their efforts with the overall number of installs of mobile apps in the country growing 23% in H1 2022,...

Suryoday Small Finance Bank implements Infosys Finacle

Infosys Finacle, part of EdgeVerve Systems – a wholly-owned subsidiary of Infosys – and Suryoday Small Finance Bank (SSFB) have announced the successful implementation of the Finacle Core Banking Platform and Finacle Treasury Platform. Finacle wil...

FinTechs are on the rise while the number of bank branches is falling

According to data from Finnovista, Colombia is the third largest ecosystem of FinTechs in the region, behind only Mexico and Brazil. The increase in FinTechs of different verticals is due, among other reasons, to the good numbers presented by the Colombian...

How should Latin American CIOs deal with the impact of inflation and the fluctuating dollar on the economy?

We have seen the current crisis grow in stages. It started with the pandemic, followed by the shortage of chips for all kinds of machinery and equipment, and it grew with the container crisis and the global supply chain. In addition, the hydrocarbon, fuel...

Bank of Queensland goes live on Temenos Banking Cloud

Temenos has announced that Bank of Queensland (BOQ) has gone live with retail banking services on Temenos Banking Cloud for customers served under the BOQ and Virgin Money brands. Work has commenced on the migration of BOQ’s ME brand to Temenos Banking C...

Rackspace Technology helps Konesh Soluciones manage tax risks

Konesh Soluciones is an Authorised Certification Provider based in Mexico. To comply with Mexico’s tax regulations, the company relies on Rackspace Technology’s robust dedicated infrastructure. We find out more about Konesh’s deployment of Rackspace’s technol...

North International Bank partners with Temenos to launch Banking-as-a-Service platform

North International Bank (NIBank) has gone live with Temenos to digitally transform its retail banking and private wealth business lines. The Temenos Banking Cloud supports daily transactions, wealth management and lending. Based in Antigua and Barbuda,...

Telefónica Tech study shows 57% of companies plan to invest more in ICT in the next two years

A study from Telefónica Tech, which gathered responses from a total of 810 IT professionals in Spain, Brazil, Germany, the UK and the Republic of Ireland, finds 60% of the IT professionals surveyed recognize that after the pandemic their company is better ...

African Development Bank to launch public financial management academy to build capacity in African countries 

The African Development Bank has approved the creation of a virtual academy to build public financial management capacity in African countries. Countries will receive technical assistance through structured, targeted, dedicated and local training as well as...

Anti-fraud e-commerce platform arrives in Brazil in partnership with ICTS Protiviti

ICTS Protiviti, a consulting firm specializing in governance, risk and compliance, is expanding its ecosystem of anti-fraud solutions for e-commerce by joining forces with Riskified, a fraud management platform used by global retailers. The use of...