Success rate at 10% Analyst warns e-criminals becoming more efficient The total value of attempted fraud initiated against banks, Specialised Deposit-Taking Institutions (SDIs) and electronic money issuers (EMIs) between 2017 and 2021 has approached the GH¢2billion mark; however, the success rate of such attacks is just over 10 percent,...
Mobile communication technologies have evolved over the years from 1st generation to the currently ready-to-market 5th generation cellular technologies. In this evolution, there is a shift from creating different flavours at a generational level to promoting a single standard to be adopted by the whole world. There were the first-generation...
The Kosmos Innovation Centre (KIC) and the Mastercard Foundation have held a three-day Bootcamp in Kumasi for 108 aspiring young women entrepreneurs within the Agri-MSME sector. The KIC Women’s Bootcamp is part of the capacity building programme under the KIC and Mastercard Foundation’s multi-year partnership to train the next generation...
Fusing technology into business operations over the years has been steady but slow. Then came 2020, and Covid19. Who would have thought that 2020 would be the year we would have to stop shaking hands and start elbowing each other, always stand two meters apart, or stop going to...
Today, Boost Technology - a retailer-first e-commerce platform - was announced as one of eight global winners of Strive Community’s ‘Innovation Fund’ inaugural round. Boost Technology, a company working with retail entrepreneurs across Ghana, Nigeria and South Africa, will receive a grant of US$125,000 toward its work trialling a new...
UAE-based financial technology start-up and digital banking app YAP has raised $41 million as it seeks to expand into new markets and enhance its technology offerings. The FinTech platform, which was launched in the UAE, in 2021, already has at least 130,000 users signed up on its app. It is the UAE’s...
I recall about four years ago while at lunch with friends; we chatted about Bitcoin. One friend categorically said he would have nothing to do with Bitcoin because it was virtual and had no real value behind it. I tried to use the concept of tokenization to explain some...
Communications and Digitalisation Minister, Ursula Owusu-Ekuful, has called for the development of robust cybersecurity infrastructure, warning that lack of it will brutally derail the country’s digitalisation efforts. “We cannot sustain our digitalisation efforts without cybersecurity. Cyber-attacks could undermine our gains in digitalisation as well as our social and economic well-being...
The growing adoption of smartphones has resulted in the rise of mobile applications (apps) over the past few years as brands and service providers compete for the time and attention of users. But how many of the most used apps in Ghana were built and managed in Ghana? Mobile applications have become an...
Huawei has been commended by Deputy Minister for Education, Rev. John Ntim Fordjour, for the pivotal role it plays in harnessing the potential of ICT to promote equitable and inclusive education for all, through its Technology-enabled Open School System (TeOSS) project. The Technology-enabled Open School Systems (TeOSS) is an initiative...