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Digital banking boosts financial inclusion, new business models in Africa

CIO Business Intelligence

In early 2021, a wave of digital innovation in the African financial sector, born out of a response to the tight grip of the pandemic, fuelled services and applications that had the potential to really shake up the banking sector. African banks rush to offer new services. Fintech lowers costs for banks and consumers.

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More money inclusion in Africa

TM Forum

This financial inclusivity fuels many of the Sustainable Development Goals (. It has proven as an effective enabler to accelerate the financial inclusion of the millions of people who simply do not have access to traditional banking facilities. In the past, only banks delivered financial services enabled by technology.

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Reality check: Intelligent machines and the future of the automated workforce

GeekWire

Photo by Kathy Gill) [Editor’s Note: This guest commentary is by technology industry veteran Kathy Gill, a writer, web developer and instructor focusing on communications and user experience.] Bank tellers haven’t been wiped out,” she said. had 485,000 bank tellers and 60,000 ATMs (automated teller machine).

Banking 95
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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

The 1990s: Founding myth 1990: Mike Lynch, an academic in Cambridge, England, borrows—or so the legend goes—£2,000 to start Cambridge Neurodynamics, going on to develop the software that would later give rise to Autonomy. May 2007: Autonomy spins off its Blinkx consumer software unit in an IPO. Here’s how it played out.

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What Kenya can teach its neighbors — and the US — about improving the lives of the “unbanked”

Vox

With cellphones in widespread use, getting everyone access to banking is within reach. She needs cash before she heads to the market, but the nearest bank would be several days’ walk. Welcome to the world of mobile money banking. In much of the world, people don’t live near banks or have bank accounts.

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Vote for Deal of the Year: Affini-T Therapeutics, Bungie, Copper, First Mode, MotherDuck

GeekWire

based game development shop, once part of the tech giant, drove the success of the original Xbox in 2001 with Halo: Combat Evolved. Bungie spun out of Microsoft in 2007 and later launched the Destiny franchise of online multiplayer shooter games, set in a world 700 years in the future. The Bellevue-Wash.-based

Banking 94
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Tech Moves: Remitly exec to step down; Yoky Matsuoka named CEO of new Panasonic division

GeekWire

Prior to joining Remitly, she served as the Seattle market executive for Bank of America. Matsuoka co-founded Google X, the company’s research and development lab. She won a MacArthur Genius award in 2007 as a professor at the University of Washington.

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