Technology

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Tech dynamism: Banks to face more regulatory pressure — SAS

Tech dynamism: Banks to face more regulatory pressure — SAS

As one of the most regulated industries in the world, banks are under pressure to not only comply with constantly changing regulations but also to modernise their systems, so that they can reduce compliance costs, improve efficiency and effectiveness in risk management processes, stay competitive in the age of the FinTech, and innovate on risk assessments during new product development, to better serve their customers.

Austria gives financial backing to Nigerian tech hub

Austria gives financial backing to Nigerian tech hub

An Austrian cultural and scientific center, Ars Electronica,  has entered into a partnership with a Nigerian web developer, Mr. Oscar Ekponimo, for the launch of ‘Gallery of Code’, an indigenous research and development laboratory, aimed at supporting a global network of innovation hubs, academia and industry through technical and creative skills training.

AU, Internet society, unveil new guidelines on personal data protection

AU, Internet society, unveil new guidelines on personal data protection

The Internet Society and the African Union Commission,  at the  just concluded Africa Internet Summit in Dakar, Senegal, unveiled a new set of guidelines that highlighted  how privacy protection and responsible use of personal data are critical factors in building greater trust online for  advancing digital economy in Africa.