There are clear and universal businesses cases for the adoption of IoT across multiple industries in Europe and North America. The business case for Africa however, is not so simple. A continent comprised of many countries with vastly different economic, political and social environments, Africa requires a unique approach to the development of IoT penetration.

The IoT Africa Summit, a division of the premier IT Leaders Summit which annually hosts more than 170 CIO’s from Africa’s top businesses will be gearing up to define the path for the African connectivity renaissance.

The United Bank of Egypt (The United Bank) has modernized its core banking infrastructure across its retail, corporate and treasury business using Finastra technology. The bank has upgraded to the latest version of Fusion Equation, integrating it with a new deployment of Fusion Teller to drive efficient in-branch retail operations.

Perkbox, Europe’s fastest growing employee engagement platform today announces a strategic expansion of its technology capability. As the company is set to scale both in the UK and internationally and launch a range of new products, it has appointed Paul Schulz, ex-Head of Mobile Technology at Yahoo! as its Chief Technology Officer (CTO) and doubled the size of its tech team. 

 MYPINPAD, the global leader in payment acceptance and customer authentication solutions, is pleased to announce its software has been embedded into the latest base software release (3.4a) of the Thales payShield 9000 Hardware Security Module (HSM).

Tinkoff Bank continues to expand its ecosystem of lifestyle services by adding movie ticket bookings to its mobile app. 

To mark the beginning of the school year, Sberbank is launching a mobile application called SberKids, which will be available from the AppStore and Google Play from 1 September. 

Leading international money transfer company WorldRemit has launched a new digital service within Africa, making it easier to send and receive money across the continent.

Earthport plc (AIM: EPO.L), the leading payment network for cross-border payments, is pleased to announce that Mr Sunil Sabharwal, has agreed to join Earthport's Board as a Non-Executive Director, subject to regulatory approvals. 

Abra, the first and only all-in-one cryptocurrency wallet and exchange, has partnered with Coinify, the leading global technology gateway for virtual currencies, to extend their services of buying and selling cryptocurrencies to the European market.

The escalation of the trade dispute between the US and the rest of the world has hit momentum in the global economy and that will only become more pronounced over the near- to mid-term.

Wage pressures in the Nordic countries have been conspicuous by their absence because of a focus on competitiveness in wage negotiations. But with employment continuing to rise, wage growth originating from Germany will inevitably spill over to the Nordic labour markets, says Nordea’s Group Chief Economist Helge J. Pedersen.