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mohammed_ab

Key Benefits of Robo-Advisors in Fintech - 0 views

  • Because robo advisors are meant to be more cost-effective, they work to cover less various target client segment. Even if your investment is under $1,000, the machine analyzes all the opportunities on the market, develops reports and provides the most efficient and profitable way to grow your ROI.
mohammed_ab

How can AI facilitate fintech algorithms to manage your finances? | by Shadeeb Hossain ... - 0 views

  • AI algorithm can play predictive roles to improve asset management among individuals or large corporations. It can keep track of notable and recurring expenditure that are responsible for increasing client’s debt portfolio. Financial data management is crucial to predict the future of the economy. AI algorithm can process these large financial data through smart programming and predict client investment strategies. Also these data can be used to predict fraudulent activities.
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    M-Pesa can use Artificial Intelligence in order to reduce the cost of data management and also you can use AI to present your different product offerings with no need of investing too much in human labor.
omarlahmidi

From stores to the streets: SnapScan's road to a cashless society - Ventureburn - 0 views

  • SnapScan wants to see a cashless, frictionless society. For the customer, the app poses an alternative to cash and credit cards because it’s faster. Customers don’t need to wait in a queue, or for the PoS terminal to finish processing their payment. You can simply take a picture of the merchant’s unique QR code, enter the amount, and they’ll be notified either via SMS or their PoS system. The merchant can set up the system in five minutes (SnapScan claims) with no hardware required other than a mobile phone. This means that any person selling apples on the street to a department store can integrate SnapScan. There are also fewer costs involved compared to setting up a credit card terminal, the only charge being a 3% transaction fee. Secondly, it’s meant to be more secure. With SnapScan’s method of payment, the merchant never has to handle your details or card. The app user’s card details are stored on their smartphones and protected with their personal PIN codes.
    • mbellakbail69
       
      I think this app is innovative because it has replaced every online shopping cart in which online shoppers do not have to type their information each time they check out.
  • This week, SnapScan rolled its app out to The Big Issue vendors across South Africa, the non-profit magazine that’s usually sold at intersections in urban areas. People with the app can now purchase the latest issue by simply taking a photo of a QR code and typing in the amount they want to pay. There’s no hassle of fiddling for your wallet or looking for change lying around in the car before the light turns green.
    • omarlahmidi
       
      SnapScan is a solution to the big Issue to vendors by just using Qr code
kaoutarchennoufi

Kenya's M-Pesa sees consumer, business services opportunities in COVID-19 - 0 views

  • The growth of cloud computing is a trend that M-Pesa hopes to exploit. Servers that are accessed via the internet and are located in data centres are referred to as the “cloud”. Using them means that companies don’t have to manage their own servers or run software on their own machines.
    • kaoutarchennoufi
       
      M-Pesa hopes to increase its use of cloud computing in the next coming years. This is a very efficient strategy since it will enable it to Back-up and restore data, gain more reliability, and of course reduce costs.
aminej

Is Africa ready for robotic surgery? - New African Magazine - 0 views

  • A quiet but exciting revolution in surgery has been gaining ground in hospitals in the more advanced nations of the world. Robots, controlled by highly trained operators, have been very effectively carrying out a multitude of operations. Could robot-assisted surgery be the solution Africa has been waiting for in order to be able to deal with the hugecurrent unmet demand?
    • aminej
       
      The surgical robotic market is expected to rise from $3bn to $12.6bn by 2025. Surgery by robots typically improves efficiency, efficacy and precision during a procedure and minimises post-operation complications. The example of how rapidly the mobile phone was not only adopted by Africa but also adapted for the needs of Africans is a clear indication that the continent can leap-frog intermediate technologies and go straight to the cutting edge. The large volume of patients needing surgery can make robotics cost-efficient, mobile robotic units can be a dream come true and surgeons from remote areas can have access to the robot.
kenza_abdelhaq

Lumkani - 1 views

  • properties we protect: Informal homes Small homes and low-cost homes (RDPs) Small businesses
    • kenza_abdelhaq
       
      Lumakni's customer target to achieve financial inclusion.
kenza_abdelhaq

GSMA | Lessons from Lumkani: Building resilience to fire in South Africa's informal set... - 1 views

  • Thanks to partnerships with NGO Islamic Relief South Africa, and insurance firm Hollard, residents are able to opt-in to a micro-insurance scheme which will insure their homes against damage or loss to fire. Early findings have shown this to be a critical lifeline to those impacted by fire outbreaks.
    • kenza_abdelhaq
       
      Lumkani partners working with the company to provide help and assistance to low-income families.
  • Building on the insights gained from the GSMA project, Lumkani plan to develop a suite of low-cost sensor technologies that would decrease the risk of fire as well as other risks such as flood or theft, and in turn create access to financial services which serve as a critical safety net. In addition, they will continue to work with the GSMA to pursue opportunities to roll out in numerous humanitarian contexts such as in Kenya, Iraq and Bangladesh.
    • kenza_abdelhaq
       
      Lumkani's future expansion plans include covering other incidents and risks likes flood and theft as well as rolling out in new areas and countries.
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    "Thanks to partnerships with NGO Islamic Relief South Africa, and insurance firm Hollard, residents are able to opt-in to a micro-insurance scheme which will insure their homes against damage or loss to fire. Early findings have shown this to be a critical lifeline to those impacted by fire outbreaks."
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