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Competition is stiff, but retailers know what it takes to compete

CIO

Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today.

Retail 97
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ZirooPay raises $11.4M to scale its mobile POS solutions for retailers across Nigeria

TechCrunch

In Nigeria, POS terminals are used to process card payments at retail locations as well as for agency banking purposes, a branchless banking system where agents act like human ATMs. One of the biggest challenges to the mass adoption of card payments at retail locations is the rate of transaction failures due to poor internet connection.

Retail 227
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African tech took center stage in 2021

TechCrunch

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25

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Predicting the next wave of Southeast Asia tech giants

TechCrunch

With Grab’s announcement of its imminent Nasdaq listing and GoJek merging with Tokopedia to form tech giant GoTo , casual international observers could be forgiven for believing that Southeast Asia’s tech universe only comprises similar companies. Unsurprisingly, tech startup growth is booming as well.

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Cyber Monday scams? Fakespot says it can identify fraudulent reviews and sellers online

TechCrunch

The pandemic has made it all but impossible for a retail company without an online presence to survive. It’s using AI to notify online shoppers when the products they’re looking to buy are fake listings or when reviews they’re reading on marketplaces like Amazon or eBay are a fiction. It also tracks fake upvotes.).

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What CIOs everywhere can learn from Canada’s nationwide internet outage

CIO

On July 8, 2022, a botched maintenance update on the Rogers ISP network in Canada crashed internet access across the country for at least 12 hours, with some customers experiencing problems for days afterward. The nationwide outage affected phone and internet service for about 12.2 The impact was profound. Not just a domestic issue.

Internet 167
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Research: Businesses optimistic as they deploy generative AI

CIO

GenAI is a megatrend that rivals the evolution of the internet itself – and it is set to transform global enterprises and entire industries. NTT DATA’s landmark Global GenAI Report underscores how the technology is gaining momentum. More than 90% of CIOs and CTOs are reviewing their network architecture due to the demand for GenAI.