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May 14, 2022

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

In this edition,

Growing Adoption of Advanced Financial Techniques to influence sales of AI and Automation in Banking Industry : Per report, Artificial Intelligence (AI) and automation sales in the banking market are projected to reach US$ 182 Bn, exhibiting growth at a CAGR of 22.8% during the forecast 2022-2032.

E-cedi to set pace for other Cryptocurrencies – Executive Director of eTranzact Ghana : George Babafemi urges youth, businesses and investors to calm down while the CBDC is expected to be rolled out to set the tune and provide guidelines to regulate the space for risk management reasons.

Argentina’s Central Bank bans Banks from offering Digital Currency Services : To mitigate the risks associated with operations, the Central Bank of the Argentine Republic has banned all unregulated digital currency services offered by commercial banks, applicable to “crypto assets and those whose yields are determined based on the variations that they register”.


Virtual Regulatory Technology (Regtech) Africa Hackathon to be held in May 2022 : The widespread uptake of digital services has therefore heightened risks for consumers and raised new policy concerns for the regulators alike. Dubbed“Protecting customers: How can RegTech enable inclusive solutions that protect vulnerable consumers and accelerate trust?”, Regulatory Technology (Regtech) Africa Hackathon is scheduled for 18th  May 2022. The event is by organizers of RegTech Africa Conference 2022, in collaboration with NayaOne, to enable participants work collaboratively to develop viable outcomes for inclusive solutions to protect vulnerable consumers on financial services in Africa.


Scale up your business with BoxGroup : With a team of investors, BoxGroup invests in technology startups such as consumer, fintech, insurtech, enterprise, health and others at the pre-seed round and Series A. Since 200 to date, BoxGroup has made 490+ investments in several companies inclusive if Ascend, Arcadia, Airbase, Catch, Titan, Guideline and Plaid. The company reserves capital to follow-on the businesses as they scale.


Ripple Crypto for Business : Regarded as one of the top enterprise blockchain companies based on client spread in more 50+ countries, Ripple aims to build breakthrough crypto solutions for the world using blockchain technology to assist its clients to expand into hard-to-reach markets, access alternative liquidity solutions and generate new crypto-enabled revenue streams. Ripple works with developers by providing tools and support for building on one of the world’s fastest and most sustainable public blockchains,(i.e XRP Ledger ) and enables global financial institutions, businesses, governments and developers to move, manage and tokenize value, helping to unlock greater economic opportunity for everyone, everywhere.

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