Author: ITPulse

KPMG Nigeria has advised financial institutions in the country to be wary of the digital transformation sweeping the banking industry, especially with the coming of Fintechs. The advisory company, who stated this while making a presentation at the Digital Summit, organized by Inlaks in Lagos last week Friday, posited that with the coming of digital transformation, the fraud typologies are also changing. According to Mr. John Anyanwu, Associate Director, KPMG Nigeria, who delivered the presentation titled ‘Cybersecurity Threat to Digital Banking: A Global Perspective’, noted that digital transformation is changing fraud typologies. “Digitization comes with numerous opportunities, but it also…

For the last four decades there have been thousands of news reports announcing the coming of widescale automation and the wonders of expert systems. But what was so often heralded as a revolution has turned out to be very slow to progress and largely confined to assembly and processing operations in the automotive, food and electronics sectors. Are companies outside these sectors frightened of automation, or are there other forces at work? Let’s look back to see where the origins of the digital age took root. Projects like the high speed Cadbury flow wrapping machine in 1987 was as advanced…

Mobile and Disruptive Technology Forum (#MoDiTECH2019) will hold coming Thursday, October 24, 2019, in Lagos under the theme: Power of Digital Services. Nigerian Communications Commission, Galaxy Backbone and i-naira.com are the latest industry stakeholders to support the Forum/. The maiden edition of Mobile and Disruptive Technology Forum 2019 is being organised by TechEconomy.ng in collaboration with Nigeria CommunicationsWeek, as a platform for inter-sectorial review of economic impacts of emerging technologies; giving particular attention to the disruptive potentials of Artificial Intelligence, Machine Learning, Data Analytics, Robotics, FinTechs and mobile phone economy around retail and service provision. MoDiTECH’ which holds at Victoria…

Network and endpoint security provider, Sophos has announced the availability of Sophos Cloud Optix on Amazon Web Services (AWS) Marketplace, explaining that as a new agentless software-as-a-service (SaaS) offering, the Cloud Optix automatically discovers cloud assets, detects cloud security vulnerabilities and misconfigurations, and provides threat response for AWS customers. Recognized as a channel-first, channel-best leader in providing innovative solutions like Cloud Optix, Sophos has also been named AWS Partner Network (APN) Technology Partner of the Year. It tops the list of APN partners for its dedication to helping AWS customers build, market and grow successful cloud businesses. “Sophos research shows…

By Chinyere Joel- Nwokeoma (NAN) For many years, until the early 1980s, the Nigerian textile industry was the highest employer of labour, after the public sector. Sadly, the industry is in dire straits battling for survival in recent times. Among the challenges that confronted the sector were policy inconsistency leading to the closure of many textile companies occasioned by a poor power supply, smuggling, poor access to finance and high operating cost, among others. It is unarguable that the closure of many textile companies contributed to the rise in the country’s high unemployment rate, rising insecurity and other social vices.…

Nigeria Tele House, Medallion Communications Limited, last week Friday in Lagos went home with the award of ‘Excellence in Enterprise Data Centre Service’ at the Africa Digital Heroes Awards, organized by the Centre for Cyber Awareness and Development (CECAD). According to the organizer, Medallion won the award owing to the company’s domestication of Data Centre in Nigeria, where its facility is hosting over 83 local and international service providers, making it the most connected Data Centre in Nigeria. “After an extensive and exhaustive research, the committee in charge of the Africa Digital Heroes Awards came to the conclusion that the…

Inlaks last Friday affirmed its position as one of the leading Information Technology Systems Integrator that specialises in the deployment of dynamic and highly scalable ICT Infrastructure Solutions, when it partnered First Bank to launch the MoniSafe 500, a teller cash recycler machine. The machine, which stakeholders believe the first of its kind in Nigeria was launched at its maiden digital summit in Lagos, with the theme “Unlocking the Opportunities in the Digital Banking Age”. According Inlaks, the MoniSafe 500 Teller Cash Recycler from Hyosung TNS INC. is a powerful solution in the transformation of the retail banking branch channel,…

The Association of Licensed Telecom Operators of Nigeria (ALTON), has come to the defense of telecom companies in Nigeria over the purported N4.00 charges on Unstructured Supplementary Service Data (USSD) users. The umbrella body of all licensed telecom operators in Nigeria, who spoke through its Administrative Secretary Mr. Gbolahan Awonuga, noted that the N4.00 charges was determined by the Nigerian Communications Commission (NCC), the country’s telecom regulator. According to Gbolahan, the determination of the USSD charges started via a study conducted by the regulator in 2017 and by May 2019, the determination was issued. The study on USSD, he disclosed…

As Agricultural businesses continue to grow the engine of the country’s food industry, a high-flying Agric Start-up, AgroDomain has launched its platform in the Nigerian Agro market, promising to take the lead in empowering farmers with access to market and capital, link Agric produce buyers with reliable suppliers and providing on-demand logistic support for value-chain players. AgroDomain.com is an integrated Pan African Agro Marketplace Platform designed to cater for the end-to-end requirements of the agricultural value chain, and envisioned to bring digital transformation to the agricultural ecosystem in Nigeria in particular and the entire Sub-Sahara Africa in general. Founded in…

In a bid to give Nigerian students global exposure and opportunities that would allow them compete with their global peers, global technology company, Huawei recently hosted a one-day campus talk and job fair at the Ahmadu Bello University, Zaria. The job fair gives the students an opportunity to interact directly with the organization and to prepare them for their future careers in Information and Communications Technology. Speaking to the press at the one day event, Kenneth Igwe, Huawei Channel Training Manager (ICT Talent Ecosystem Development) in Nigeria, disclosed that the essence of the event is to meet with students from…