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November 4, 2023

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

In this edition,

Ghana’s Blu Penguin is a “Square for Africa” that helps merchants accept all kinds of payments : Blu Penguin expands to other African markets, anticipates going to market by Q1 2024 as it assists SMEs to collect payments in-store from customers with a reporting dashboard for reconciliation and reporting, providing PoS system for merchants and others

Biden to Issue Executive Order for A.I. Safeguards : President Biden plans to sign an executive order directing AI development, requiring industry to establish safety standards, introduce consumer protections, and provide federal agencies with a to-do list

Standard Chartered-owned crypto firm Zodia launches in Hong Kong : Standard Chartered’s Zodia Custody a crypto security firm is expanding into Hong Kong targeting financial institutions due to rising demand for crypto assets; Hong Kong’s Securities and Futures Commission introduces regulatory regime for digital assets

50% foreign remittances coming into Ghana unaccounted for : Ghana’s remittances sector has been negatively impacted by Fintechs since the Payment Systems and Services Act in 2019. Over half of the remittances received cannot be accounted for, highlighting weaknesses in the country’s data. This discrepancy could be due to deregulation and foreign currency holding by MTCs and Fintechs


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 


Benzinga Fintech Deal Day & Awards 2023 : Benzinga Fintech Deal Day & Awards on November 13 offers access to top-tier companies, unprecedented networking with 1000+ capital markets leaders, an innovation showcase, and rapid-fire sessions with industry leaders, with over $100m in deals expected


SA’s Scale launches agency to help African fintech startups scale : South African fintech startup Scale has launched Africa’s first fintech agency, providing services like regulatory compliance, infrastructure development, customer education, and market expansion support to help startups overcome early business challenges

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