Blog and News

At the start of the pandemic, businesses around the globe found themselves exposed to an unexpected boost in digitalization. Those who promised to keep the wheels turning were given carte blanche to do whatever it took to keep a company running. But as many now......

The hospitality industry struggled in 2021 to make a comeback after the fallout from the COVID-19 pandemic. As 2022 and COVID’s third year begin—heralded by another new variant, omicron—the testing will continue. Creativity, combined with a sharpened focus on risk management, will be key for......

It comes as absolutely no surprise with an industry as large as the global gambling industry that there have been some serious tech-based shake-ups. If we’re right in our thinking, there will be plenty more in the next few years. Frankly, it’s a wonder there......

There’s no denying that 2021 was the year that cryptocurrency went mainstream. Even with a couple of bad busts to counter the booms, Bitcoin gained acceptance as a financial asset rather than some far-out, libertarian fantasy money project. Cryptocurrency came into its own, showing governments,......

Digital transformation is as much about people as technology. As you focus your digital initiatives in the coming year, consider how these pivotal groups of people can support your progress. Is digital transformation dead? Overhyped? Still just a buzzword? Not by a long shot. Forrester says organizations will......

Thanks to 4.0 technology that provides smart applications, guests staying at the SOJO hotel chain can book, open the door with a digital key, pull the curtain and send items with just a few touch buttons on the smartphones. In the room, they can adjust......

It’s a well-known fact that retaining an existing customer is way cheaper than attracting a new one. In today’s ever-competitive landscape, loyalty programs can prove a useful strategy: 62% of customers participating in paid loyalty programs are more likely to spend more on a brand. But......

Every technology leader knows that transformation is difficult, and digital transformation is especially so. While nearly all IT leaders (93 percent) recently surveyed by Hanover Research said that their enterprises are undergoing some kind of digital transformation, almost half of them (42 percent) indicated that they are struggling to......

The digital age is in full swing, and new technologies are popping up every day, everywhere. Hell, Jeff Bezos made it to outer space! CEO, entrepreneur… born in 1964… Jeffrey… Jeffrey Bezos 🚀 When the times are changing so rapidly, it’s important to stay on top of......

SMG PaySoko is partnering with Truist Bank to provide merchant services for its customers. This partnership extends the merchant services integration options available to SMG PaySoko’s U.S. ecommerce customers. Offering our customers multiple payment methods facilitates financial services collaboration among the various businesses in our......

The Covid-19 pandemic made access to mobile phones and mobile internet more important. Yet the gender gap for mobile phone ownership and mobile internet use in sub-Saharan Africa remained largely unchanged in the past year. Compared to 2019, women in sub-Saharan Africa were just as......

SMG AND GATES FOUNDATION PROJECTS Since the Bill and Melinda Gates Foundation launched an open source banking code project, Mojaloop, at Swift’s Sibos conference in Toronto in 2017, adoption has been rather slow. Orange Group, one of the world’s leading telecommunications operators and MTN Group, Africa’s leading......

Mojaloop (PI-10) Open Source Convening Recap Last week’s Mojaloop Community Event represented exciting milestones for the community and its mission of supporting inclusive financial services. A growing number of friendly faces. Exciting updates and presentations from various teams. A unifying sense of camaraderie and teamwork.......

Using Mojaloop to process payments with multiple payers, payees or currencies. WHAT THEY WANT Ssnapp wants to expand to East Africa but needed to understand the different ways it could integrate into East African payment systems, first. They joined our bootcamp to explore what Mojaloop......

Have you ever wondered what makes a bank a 21st-century bank? A small hint; it isn’t the ginormous rigid and extremely expensive mainframes, it isn’t the systems that have to shut down every night for maintenance, and it definitely isn’t the glued-by-hope hollowed-out cores. The......

The rise of the Internet and the spread of smartphones is, together, perhaps the single most powerful force of economic change ever at any point in history. Not only are millions of people getting connected to the wider world for the first time, but also......

Another revolution is coming for the financial sector and this one could change the way that consumers and businesses conduct themselves forever. We’re talking about biometric technologies and payments innovations like it that are focused on robust security and point-of-sale simplicity. Moving beyond the PIN......