South Africa loses R2.2 billion per year to cybercrime, according to a 2020 Accenture report. Kaspersky research shows that 32.5% of local users were affected by online threats last year.
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South African-based insurtech platform Root has expanded to the UK market.
COO Charlotte Koep says Root’s first foray into global markets is proving encouraging.
“The funding will be used to expand Port443’s reach further into the Middle East and Africa (MEA) region by adding key software development personnel, and supporting our marketing, sales and product enhancements for early adopters of next generation automations in cybersecurity,” says Port443 co-founder and director ML Conradie.
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ChatGPT is the word on the street at the moment, and receiving an incredible amount of attention and hype. It’s the latest in a series of AI tools, or AI-driven services, that are steadily working their way into mainstream life.
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The rapidly growing number of fintech companies challenging the traditional players is forcing financial services businesses to keep up, or lose out.
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ChatGPT, the large language model that has taken the world by storm in a short three months, is expected to do away with a number of traditional jobs.
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We are living in the era of digital transformation and digital payment technologies have vastly shaped the way we shop. The retail industry witnessed a paradigm shift in the last decade, from physical stores to online shopping platforms, with consumers seamlessly adopting digital experiences across all walks of their lives.
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ChatGPT, the latest artificial intelligence (AI) application, has grabbed the world’s attention. You may have seen ChatGPT write new song lyrics in the style of your favourite artist (something they don’t always appreciate) or read that it’s passing MBA exams.
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Despite the dual headwinds of load shedding and consumer inflation, 2023 has the potential to be a watershed year for telecommunications in South Africa.
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