Why fintechs need an insurance partner they can trust

Why fintechs need an insurance partner they can trust

A trusted, frictionless experience is central to any fintech’s pitch. Without it, platforms fail. If the experience is anything less than integrated, secure and trustworthy, customers will switch to another fintech without hesitation. The problem is that too many fintechs think that offering the same thing and delivering on it is enough. It’s not. Customers…

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Seacom CEO placed on leave

Seacom CEO placed on leave

Seacom CEO Alpheus Mangale has been placed on special leave. (Image supplied) Seacom Group CEO Alpheus Mangale has been placed on special leave pending an investigation, with group CFO Charl Slabbert appointed as interim CEO during his absence. In a statement sent to ITWeb, Seacom confirms its board of directors is overseeing the process, but…

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The memory crunch is making Samsung fabulously rich

The memory crunch is making Samsung fabulously rich

Samsung chip factory complex in South Korea Samsung Electronics on Thursday projected that its quarterly profit would top ₩100-trillion, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales. The world’s largest memory chip maker estimated an operating profit of…

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Cape Town’s hybrid power plant now live

Cape Town’s hybrid power plant now live

Cape Town mayor Geordin Hill-Lewis and energy mayoral committee member alderman Xanthea Limberg. (Image source: supplied) The City of Cape Town has officially unveiled its metro-built hybrid power station in Atlantis, as it looks to generate cheaper electricity for its residents. The new plant was launched yesterday by Cape Town mayor Geordin Hill-Lewis, who was…

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Hurricane Simon strengthens into Category 4 storm as it takes aim at Mexico’s Pacific coast

Hurricane Simon strengthens into Category 4 storm as it takes aim at Mexico’s Pacific coast

Simon has strengthened into a powerful Category 4 hurricane as it barrels toward Mexico’s Pacific coast. The National Hurricane Center in Miami said Saturday that Simon’s maximum sustained winds increased to 155 miles per hour. The hurricane center said it expects Simon to approach Mexico’s west-central coast on Sunday as a major hurricane, which is…

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