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30th October,2021

 

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

 

In this edition,

Nigeria, now the First Country in Africa to Launch its Digital Currency: Nigeria becomes first in the Africa to fully launch its digital currency, eNaira – on Monday by President Muhammadu Buhari.For the first time in Africa, a digital currency, eNaira is to operate as a wallet against which customers can hold existing funds in their bank account and experience better access to financial services (for the unbanked or underbanked), safe and convinient.

Who are the Top Digital Banks in Africa: Africa’s technology advancement is at its fast pace such that competition within Africa’s digital banking is growing wild with banks – TymeBank, Kuda,Prospa,FairMoney, Bank Zero, Sparkle, dopay, Telda, Bettr Finance making their mark and creating more buzz for digital banks in Africa which are mainly centred in Nigeria, Egypt and South Africa, refered to as the three hotspots for Africa’s fintech innovation

Uber Freight Partners with Marqeta to Bolster Payments for Logistics and Transportation Industries: This partnership is designed to bolster payments for the logistics and transportation industries, increase speed (two hours after approved proof of delivery, a 99.7% reduction in the industry standard wait time), control, and transparency to the carrier payment experience.

Mastercard Inc. partners Bakkt to Enable Banks Render Cryptocurrency Debit and Credit Cards Services: Mastercard prepares to announce the ability of banks and merchants on its payments network to integrate crypto into their products which includes bitcoin wallets, credit and debit cards that earn rewards in crypto and enable digital assets to be spent, and loyalty programs where airline or hotel points can be converted into bitcoin as it partners with Bakkt.

 

EVENTS

4th Chinese Conference on Pattern Recognition and Computer Vision29 Oct – 01 Nov 2021 Beijing, China: This session mainly brings together the vast number of researchers and industrial colleagues engaged in the research of pattern recognition and computer vision theories and applications at home and abroad

Hong Kong FinTech Week November 1-5, 2021 Hong Kong Convention and Exhibition Centre and virtual option: The sixth edition of Hong Kong FinTech Week conference will feature over 250 founders and executives of Asia’s and world’s fastest growing FinTech companies, virtual banks and digital-only insurers, super apps, techfins, AI & blockchain pioneers, payments and lending innovators

Seamless Africa 2021 NOVEMBER 2 – 3, 2021 Virtual: Seamless Africa brings together the entire financial ecosystem to discuss, debate and evaluate the future of the industry

Singapore FinTech Festival 2021 8 – 12 November,2021 Hybrid: Organised by the Monetary Authority of Singapore, the Singapore FinTech Festival (SFF) is on its 6th edition under the theme,the impact of Web 3.0 on financial services which will cover Designing financial services, Building financial services and Sustainable financial services on Web 3.0

India FinTech Awards (IFTA) 2021 23rd – 25th November 2021 Virtual: IFTA brings you an ideal networking platform to demo your innovation and meet senior executives of banks, CXOs of fintech firms, accelerators, regulators, and business media

Crypto currencies and Anti-Money Laundering Compliance Training 22–25 November,2021 Virtual : The course will aid practitioners from law enforcement, financial and business sectors prevent, detect and investigate the use of crypto currencies for illicit activities

5th Global Conference on Criminal Finances and Cryptocurrencies 7–8 December 2021 Virtual: A joint initiative of the Basel Institute on Governance, INTERPOL and Europol to create a network of practitioners and experts who can collectively establish best practices and provide assistance and recommendations in this fast-evolving field

 

ETT OPPORTUNITIES

Ryerson Venture Zone Opens Application for its Incubator Program, Launch: Launch is an 8 month, non-equity based incubator program designed for MVP-ready technology startups to launch in the market.It provides startups with access to industry partners for early market validation as well as opportunities to secure potential pilots in the health and wellness and/or smart city, mobility, and logistics sectors.

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