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July 30, 2022

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

In this edition,

Quantifind Demonstrates ‘Name Science’ Efficiency in Preventing Financial Crime : Financial institutions to increase AML/KYC automation with Quantifind’s Graphyte’s new “name science”, and its potential in reducing false negatives and positives and increasing efficiency by more than 40%.

CFPB Wants Credit Reporting Standards in BNPL Sector : Consumer Financial Protection Bureau has indicated the need for BNPL lenders and Nationwide Consumer Reporting Companies to work together to standardize BNPL payment data to ensure adequate credit reports.

Iris Biometrics Integrated with DIDH for ‘most secured’ Data System for Blockchain, Metaverse : Iritech Inc. and IBCT, to integrate the “most secured system in blockchain/metaverse application”; to tackle key recovery issues and management in blockchain and metaverse settings and protect individual’s data with no risk of loss of a private key when an iris is required with Iris Lockcode.

Metrics Drive Early-Stage Funding Amid VC Funding Drought : For over 10 years, startups seeking funding are faced with the leanest money landscape and currently have to show metrics that exemplify revenue and profits generating strategies.


FrontEnd – Venture Capital for Kenyan-tech Startups : There’s a rapid growth in the startup ecosystem in the continent and the funding gaps that local founders are faced with. FrontEnd Ventures is focused on Kenyan startups, especially with women founders, and committed to supporting impact-driven tech startups in various industries including agriculture , ecommerce , health  and transport with up to $100,000 seed fund and a follow-on investment of up to $500,000 in series A.


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