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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

That may change as telecommunications companies such as Airtel and MTN jump into the mobile money market, after recently receiving licenses to do so. Nigeria’s mobile money landscape, however, has been dominated by banks and other financial services companies. Mobile money is not entirely new to Nigeria.

Licensing 108
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Robin Hood of the Internet or the apocalypse of an industry

Dataconomy

With the advent of the internet and technological advancements, the ease of sharing and accessing digital content has created an environment where digital piracy thrives, leading to detrimental consequences for content creators, copyright holders, and the overall economy. One major issue is the presence of malware.

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How online fraudsters use genuine, stolen personal data that passes data check

Galido

With the rise of more people using their handsets for online shopping and banking, they become prone to cybercrime. It’s becoming trickier every day to protect all your available internet devices. They use emails from reputable firms such as banks or social networks like Twitter or Facebook. Use strong passwords.

Data 60
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The digital transformation of an island nation: how Bahrain rose to lead cloud adoption in the GCC Region

CIO Business Intelligence

This year, Singapore-based Whampoa Group also selected Bahrain as the HQ location for its new digital bank. Bahrain now qualifies as a digital overachiever , with impressive internet penetration rates , world-class network infrastructure and levels of support for digital literacy that exceed anywhere else in the world.

Cloud 105
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Peer-to-peer banking - Trends in the Living Networks

Trends in the Living Networks

The principle is simple – you lend to individuals at interest rates based on their credit rating, and since you’re cutting out the bank as middleman, both lender and depositer get more attractive interest rates than they can get commercially. Banks are the archetypical intermediary, in this case between depositers and lenders.

Banking 83
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Want to Unlock China’s Potential? You First Have to Scale the Regulatory Great Wall

CIO Business Intelligence

It’s no wonder why it is one of the world’s largest digital economies: China is home to nearly one billion internet users with ecommerce sales reaching US$1.7 Walmart recently received a stern warning for violating the Cybersecurity Law when 19 cybersecurity loopholes were discovered in its network. trillion in 2020 2.

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Online romance scammers stole more hearts (and money) in 2020 than 2019

Vox

Frederick Brown/Bravo/NBCU Photo Bank/NBCUniversal via Getty Images. These scams can target people all over the internet, including on Facebook, Instagram, and even LinkedIn, as well as more traditional dating sites and apps like Match.com and Tinder. I mean, they copied my picture into their driver’s licenses, into passports.