article thumbnail

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. It was only late last year that Nigeria’s Central Bank (CBN), gave the green light for telcos to acquire mobile money licenses. Mobile money is not entirely new to Nigeria.

Licensing 110
article thumbnail

AI Solution Development Requires Trusted Cooperation For The Long Haul

Forrester IT

Many AI practitioners and those exploring AI solutions expect to reap the benefits of AI technologies simply by adopting licensed API services in the cloud. However, in many cases, an out-of-the-box solution is not enough to solve ongoing business challenges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Principal Financial unifies IT to lay foundation for growth

CIO Business Intelligence

As such, Kay’s biggest challenge in setting the stage for her digital ambitions — and one that has involved the entire C-suite — has been unifying the IT operations of Principal Financial’s individual businesses units in order to develop an enterprise-wide data foundation and cloud architecture on which to build its next-generation services.

Financial 124
article thumbnail

Marc Andreessen on the future of technology and implications for interactions between government and citizens

CTOvision

A key examplesto consider is health insurance. We can now envision entirely new ways of conceiving health insurance– if you take big data/machine learning approach. We can say the same with auto insurance and crop insurance, financial services, loan risk scoring – all of which can be done far more accurately now than historically.

article thumbnail

Navigating the HUB International Data Breach

Dataconomy

Step into a world where insurance dreams converge with the enigmatic dance of data. HUB International Limited, a towering figure in insurance brokerage, reveals an unexpected twist in its digital narrative. HUB International Data Breach unveiled! operations. operations.

Data 69
article thumbnail

Newly public, Porch makes 4 acquisitions for more than $122M, discloses larger-than-expected loss

GeekWire

Three weeks after its stock market debut, Seattle-based home services technology company Porch Group announced four acquisitions , including an agreement to buy Irving, Texas-based insurance company Homeowners of America for $100 million in cash and stock, expanding its footprint in the insurance tech market.

article thumbnail

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

CIO Business Intelligence

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

HP 105