Ghana has taken a major step toward financial inclusion by enabling payments through its national identification system. The National Identification Authority has introduced a digital wallet feature on the Ghana Card, allowing citizens to use their ID for financial transactions. The Ghana Card, already used for services such as SIM registration and passport applications, now…
Visa has introduced a new suite of dispute resolution tools aimed at modernizing how payment conflicts are handled. The launch comes as dispute volumes continue to rise across the global payments ecosystem. In 2025, Visa processed a record 106 million disputes worldwide, marking a 35 percent increase since 2019. This surge has created operational pressure…
South African marketing and communications agency Ascent Africa has acquired a stake in Clarence AI, marking a strategic move into artificial intelligence powered communication and data driven decision making. The acquisition introduces a new direction for Ascent Africa, which now integrates AI based insights into its marketing and communication services. Clarence AI will operate as…
As artificial intelligence continues to transform economies across Africa, leaders are calling for a shift in how women participate in the digital economy. At a recent forum organized by MTN Group, participants emphasized that women’s inclusion must go beyond access and translate into real influence over decision making. The intergenerational dialogue brought together global and…
Universities across East Africa have launched a new regional network aimed at advancing artificial intelligence research and education. The initiative was introduced by the Inter-University Council for East Africa in collaboration with the East African Science and Technology Commission and the German development agency GIZ. The Regional Network on Artificial Intelligence in Education and Research…
Financial institutions are confronting a new wave of scams that combine advanced technology with human manipulation. As digital payments grow faster and more accessible, fraud tactics are evolving just as quickly. A recent discussion led by Aman Cheema, Vice President and Head of Global Professional Services for Risk and Security Intelligence Solutions at Visa, highlights…
Workers in Kenya are reporting improved incomes and a more positive financial outlook. Recent data shows that financial satisfaction has reached 5.9 out of 10, recovering to levels seen in 2023 after a decline in 2024. Around 70 percent of workers expect their financial situation to improve within the next six months, up from 63…
Apple is testing a major upgrade to its messaging system with the introduction of Rich Communication Services in its latest iOS 26.5 beta release. This move signals a significant shift in how iPhone users may communicate in the near future. What RCS Means for iPhone Users Rich Communication Services, commonly known as RCS, uses internet connectivity…
OpenFX, a foreign exchange startup, has raised 94 million dollars in a Series A funding round to expand its stablecoin powered cross border payment platform. The company aims to simplify international money transfers by building infrastructure that allows businesses to move funds faster and at lower cost. The funding comes less than a year after…
OpenAI recently made the surprising decision to shut down Sora, its AI-powered video generation platform, only six months after launching it. While early speculation linked the move to data collection concerns, new findings reveal a more practical reason behind the shutdown. High Costs and Declining Usage Sora required significant computing power to generate AI videos, making it…
