Visa’s Digital Authentication Framework (DAF) and Mastercard’s Token Authentication Framework (TAF) are set to transform the payments landscape, particularly in the area of fraud prevention. Over recent years, standards like 3D Secure 2 (3DS2) and regulations like Strong Customer Authentication have […]
Tag - Tech News
12 African startups picked for Microsoft-backed FAST Accelerator program
Flapmax, a prominent data and AI technology company, has unveiled the twelve startups selected for the second cohort of the Microsoft-backed FAST Accelerator program. This initiative, developed in collaboration with Microsoft, aims to fortify and expand Africa’s digital ecosystem. After an intensive […]
95% of NFTs now worthless
NFTs (non-fungible tokens), which were once the darlings of the blockchain world, are now almost worthless, according to analysis by crypto gambling website, DappGambl. Per the report, 95% of NFT collections are now almost worthless. The gambling platform reviewed about 69,795 NFT collections and […]
FTX sues Bankman-Fried’s parents over misappropriated funds
The FTX legal saga continues to play out as parents of the company’s founder, Sam Bankman-Fried, have been sued by the FTX parent company Alameda Research, for improperly receiving millions of dollars from the scheme. The legal action that was filed against Allan Joseph Bankman and Barbara Fried as […]
Ghanaian agritech start-up Complete Farmer raises $10.4 million
Ghanaian agritech Complete Farmer, which links farmers in Africa to buyers across the globe, has recently concluded $10.4 million pre-Series A funding round ($7 million equity and $3.4 million debt) to consolidate its efforts. Africa’s agricultural sector has a significant social and economic […]
TikTok crosses 4.4 billion downloads
Data from OnlyAccounts.io, Statista and AppMagic indicate that, after one of the best quarters in the history of TikTok, the short video app crossed 4.4 billion lifetime downloads. TikTok has over the past six years, climbed all the way to the top, growing global downloads to a whopping 1.92 billion […]
Meta to begin WhatsApp business owners’ verification
Meta is set to launch verification for businesses on WhatsApp soon. Meta disclosed this during a media briefing on Tuesday, whose details were embargoed until Wednesday, with Meta’s VP of business messaging, Nikila Srinivasan. The firm stated that it will soon begin to make it possible for […]
PAIS Ghana launched to empower Africa’s international students
Kwiverr, a prominent global organization dedicated to mobilizing and empowering young people, has unveiled a new initiative known as Pan African International Students (PAIS) geared towards supporting Africa’s international students on the continent and beyond. The purpose of PAIS it to mobilize and […]