On Black Friday, SA shoppers splurged on consumer goods

Mobile payments led the way this Black Friday, with 70% of total transactions driving sales, versus 30% on desktop, according to leading payment gateway PayFast. The average basket size was R1 255, slightly higher than 2021, which recorded an average of R1 208 per...

Smart grids could drive big savings

The cost savings from smart grid deployments will exceed $125-billion globally in 2027, increasing from just over $33-billion in 2022. This 279% growth will be driven by rising energy prices, with smart grid technologies playing a critical role in increasing network...

The state of confidential computing

In today’s data-driven ecosystem, Intel has called for greater adoption of confidential computing as a standard cloud model. Today, data is often encrypted at rest, in storage and in transit across the network, but not while in use in the processor and memory....

Majority of merchants say PayPal an avenue for fraud

Customers like to use PayPal because they only need to remember one login instead of their credit card number, expiration date, security code, and billing address. However, while PayPal is one of the most widely-used payment methods, it has become a top target for...

Bitcoin investors poised for the rate hike unwind

Bitcoin and cryptocurrencies will continue to hold their current price ranges until the end of the year, before the ‘crypto winter’ thaws in the spring of 2023 when inflation will have peaked and central banks unwind their rate hikes. This is the prediction of Nigel...

China’s consumer VR shipments to reach 7m units in 2026

According to a recent IDC forecast, consumer standalone VR shipments in China increased by 166,2% year-over-year in the first half of 2022. China standalone VR in 2022Q1 reached 229 thousand units shipped, while 2022Q2 had almost 273 000 units shipped. The VR...