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March 25, 2023

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

In this edition,

Salesforce Web3 to enable brands build trusted and scalable NFT programs : Salesforce unveils its Web3 platform to assist companies create, manage and deploy NFTs  in a trusted, scalable and sustainable way, while allowing brands to connect with their customers in a new way by integrating their Customer 360 with Web3  data

AI to ‘fundamentally reshape’ fintech companies in Africa : Nigel Green, CEO and founder of deVere Group, has said AI will fundamentally reshape the financial services industry looking at how fintech companies offer personalized customer service through the use of chatbots and virtual assistants, how AI analyses vast amounts of data in real-time, aiding  in identifying fraudulent activities and many other works

Florida Gov. Ron DeSantis Proposes Ban of CBDCs : Florida Gov. Ron DeSantis, in a press release has opposed the use of a national central bank digital currency (CBDC) as money within his state as it “will stifle innovation and promote government-sanctioned surveillance”

CBN Bans Banks From Operating PoS, Approves 17 Companies As Mobile Money, Operators In Nigeria : CBN releases regulatory framework for agent banking operations, with restrictions to mitigate risks in the financial sector and bans bank agents from offering PoS services, as users of fintech platforms are concerned about their legality

EVENTS

TECH UNITE AFRICA 2023 : Africa’s premium networking platform for the tech industry is connecting tech innovators and enthusiasts on 29th to 30th of March in Nigeria with vast opportunities such as mentorship and attending free seminars and conferences on tech

OPPORTUNITY

SVC launches $80 million VC fund to back fintechs : In an effort to stimulate the establishment of Venture Capital fund in the financial technology sector, the Saudi Venture Capital Company (SVC) has launched the “Investment in Fintech VC Funds” product with an allocation of SAR300 million

 

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