Financial blockchains set to reach $462bn

The value of blockchain in the financial sector reached $1,9-billion in 2017, according to business information provider IHS Markit. With the projected increase in the number of blockchain projects expected to launch and become commercially deployed in the coming...

Cloud drives higher ICT spend by service providers

Information and communications technology (ICT) spending by service providers will reach $426-billion by 2022, representing average growth of 6% per year, as the ongoing shift from on-premise IT management to the “as-a-service” model continues to gather...

Mustek expects higher earnings

Mustek has issued a trading statement alerting shareholders that earnings will be higher than last year. The company states that, for the six months ended 31 December 2018, headline earnings per share is expected to be between 15% and 25% higher than the previous...

Heavyweight appointments to Clickatell board

South African-born and Silicon Valley-based global customer engagement company, Clickatell, has made three new appointments to its board as it enters its next phase of growth and global expansion. Michael Jordaan, financial services expert, venture capitalist and...

Visa to fast-track African fintechs

Visa is expanding its Fintech Fast-Track Program in the Central and Eastern Europe, Middle East and Africa (CEMEA) region as it works to develop the next generation of digital payment solutions. Already rolled out in Europe, Latin America and Asia Pacific, the program...
Watson takes on human in historic debate

Watson takes on human in historic debate

Mark Davison is at IBM PartnerWorld in San Francisco – IBM’s AI platform Watson made history today when it took on a champion human debater in the first public debate of its kind on the statement: “We should subsidise pre-school.” In the...