Technology Mirror

Amazon Unveils Generative AI Employee Assistant

Amazon Web Services (AWS) has launched Amazon Q, a new type of generative artificial intelligence (AI) assistant that it says…

Scan to Pay Unveils Voucher System for Consumers in Over 600,000 Locations

Scan to Pay, powered by Ukheshe, the largest QR payment ecosystem in South Africa, has unveiled a significant expansion of its…

Virtual Card Spend Driven by API-based Issuing to Reach $13.8trl  by 2028

By 2028, global virtual card spend will have increased by 355%; from $3.1 trillion in 2023. The key driver will…

Nigeria’s Trade Finance Startup, FrontEdge Raises $10m for Africa’s Cross-Border Biz

Nigerian trade finance startup FrontEdge, which helps facilitate cross-border trades for African SMEs, has raised $10 million in debt and…

Failed SAP Enterprise Solution Crashes Spar into Financial Mess

Spar’s failed SAP enterprise resource planning (ERP) system cost the retail group R1.6 billion. In a trading statement for the year…

Amazon Ignores Nigeria Takes Shop to South Africa, Goes Live in 2024

After lengthy denials, resulting in the worst-kept secret in the tech industry, e-commerce giant Amazon today officially confirmed its plans…

CBN Calm Nerves Over Worrying Impact of eNaira on Financial Stability

The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability.…

Virtual Card Transactions Accelerated by Issuing Platforms to Increase Globally by 388%

A new study from Juniper Research, the foremost experts in fintech & payments markets, has found that the total volume…

70% Customer Data Platform Spend to be Driven by Retail & Digital Media Enterprises, Says Juniper Research

About 70 percent of customers’ data are going to be driven by retail and digital media enterprises in 2023, according…

eCommerce Giant Jumia Bleeds, Negligently Losses $2bn with No Profitability Guarantees Ahead

Pan-African e-commerce titan Jumia is facing a bleak future as the company continues to bleed money with no end in-sight.…