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August 26, 2023

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

In this edition,

India Uses AI to Bring Voice-Activated Mobile Payments :India’s Universal Payments Interface users to have access to verbal transfer instructions on their phones, processed by AI-based speech recognition, for retail digital payments in situations where internet or telecom connectivity is weak or unavailable

Paytm eyes India-scale AI system; fintech investing to build AI-based software stack :Paytm plans to develop AI software stack for mobile payments and small mobile credit, focusing on high-quality, regulator-compliant credit quality to enhance customer experience

Mastercard selects Fluency as its new CBDC partner : Fluency has been chosen by Mastercard as its CBDC partner, with an aim to capitalize on the growing interest in central bank digital currencies, leveraging on its expertise and innovative technological capabilities to drive innovation

Zanifu raises $11.2M to scale its inventory financing offering in Kenya : Kenya’s inventory financing fintech raises $11.2m in debt-equity funding to expand its solution for distributors struggling with credit access.

TRAINING

5th Cohort Professional Certificate Training in Financial Technology(FinTech) and Innovations : From November 19-20, for the fifth time, this training is expected to power a new group of individuals and companies in FinTech Innovations through knowledge & skills set training at the Kofi Annan ICT Centre, Accra-Ghana & Online.  Click here to register.

EVENTS

Blockchain Economy Summit : Dubai to host the 8th Blockchain Economy Summit on October 4-5, 2023, featuring top crypto companies, blockchain entrepreneurs, and AI innovators. innovators.

OPPORTUNITY

Digital Finance Framework diagnostics for MSMEs and farmers : MAP is a UNCDF initiated framework for expanding financial services access for individuals and micro-small businesses in low- and middle-income countries, aiming to improve financial inclusion.

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