Take on Squad

GTCO Launches “Take on Squad” Hackathon 3.0, Opens Call for Applications

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced the launch of “Take on Squad” Hackathon 3.0, reaffirming its commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-world challenges across Africa. Now in its third edition, the Hackathon brings together developers, designers and entrepreneurs across Nigeria […]

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Elon Musk planning to build AI factory on the moon

Elon Musk Unveils Plan for AI Satellite Factory on the Moon as SpaceX Eyes IPO

Elon Musk has revealed an ambitious new plan to build a factory on the moon to manufacture AI-powered satellites, expanding his vision of taking artificial intelligence infrastructure beyond Earth. Speaking during an all-hands meeting at xAI on Tuesday evening, Musk told employees that the company would eventually require a lunar facility capable of producing satellites designed to deliver massive […]

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Digital Cards Virtual Cards

Navigating the Compounding Complexity of Digital Card Issuing

The number of virtual/digital cards issued worldwide is growing at an unprecedented pace. According to Juniper Research, global virtual card issuance is expected to grow at over 30% annually between 2023 and 2028, driven by relentless consumer demand for seamless, secure and convenient payment experiences. Customers expect digital-first card products that work instantly in mobile […]

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US Court sentence British-Nigerian to seven years in prison over $5m cyber fraud

A British-Nigerian, Oludayo Adeagbo,  has been sentenced to seven years in prison for his role in a multimillion-dollar business email compromise (BEC) scheme in the United States (US). According to the US department of justice, Adeagbo, who also goes by John Edwards and John Dayo, conspired with others to steal over $3 million from different entities in Texas, […]

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NOVA MERCHANT BANK PLEDGES SUPPORT TO WOMEN EMBRACING TECHNOLOGY IN NIGERIA

NOVA Merchant Bank, the leading Bank in Nigeria, has pledged to promote gender equality by supporting women who embrace technology skills, especially in our ever-evolving world. This commitment was made during the 2023 NOVA International Women’s Day (IWD) conference held recently, at the Bank’s headquarters in Lagos. l-r: Managing Director/CEO NOVA Merchant Bank, Mr. Nath Ude; […]

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ChatGPT: What Cybersecurity Dangers Lurk Behind this Impressive New Technology?

It is now possible to use a publicly available artificial chatbot to generate a complete infection chain, possibly beginning with a spear phishing email written in entirely convincing, human-like language and eventually causing a complete takeover of a company’s computer systems. Researchers at Checkpoint recently created such a plausible phishing email as a test. They […]

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How advanced automated operational risk management can protect your Payments Switch environment

With the rapid rise in digitisation, real-time payments environments have become increasingly complex and can be difficult to manage on a day-to-day basis because of the significant amount of monitoring data they produce. This means constant attention is needed to deliver the required level of service. While the need for automation is well understood and […]

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