Apple Card just quietly launched, takes a new approach to credit cards use

Apple Card just quietly launched, takes a new approach to credit cards use

Last week, Apple Card was launched, a new product that just might make the tech firm a lot of money. However there wasn’t much elation and ululation. This is because, anyone who put their name down to get Apple notifications likely got a highly personalized invitation about the product. To celebrate the launch, Apple didn’t release an expensive ad featuring exited customers, rather, Apple’s YouTube page was filled with explanatory videos. The Card is Apple’s different approach to credit cards use, statements are handled, and rewards are redeemed, without any…

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Instagram yanks marketing firm Hyp3r off its systems for grabbing users’ data

Hyp3r was scraping profiles, copying photos and siphoning off data supposed to be deleted after 24 hours, according to a Business Insider investigation. Instagram said Hyp3r had “violated” its policies and had been sent legal papers telling it to stop collecting data. Hyp3r said it complied with privacy regulations and the terms of service for the social networks it targeted. Business Insider said Instagram’s owner, Facebook, should have been more diligent about preventing data grabbing in the wake of the Cambridge Analytica scandal. The investigation claimed Hyp3r had been “stitching”…

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Meet Google’s new Gallery Go, an offline, lightweight alternative to Google Photos

Meet Google's new Gallery Go, an offline, lightweight alternative to Google Photos

Gallery Go is a new app from Google designed to let people with unreliable internet connections organize and edit their photos. Like Google’s regular Photos app it uses machine learning to organize your photos. You can also use it to auto-enhance your pictures and apply filters. The difference is that Gallery Go is designed to work offline, and takes up just 10MB of space on your phone. Gallery Go is just the latest lightweight version of an app designed for developing markets like Nigeria, where Google announced the new app.…

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Negotiated fares taxi hailing app inDriver, targets more African cities

Negotiated fares taxi hailing app inDriver, targets more African cities

Online ride hailing service, inDriver, which allows passengers to negotiate the fare with drivers, has begun recruiting drivers in Harare for the service, which it intends to launch in the capital towards the end of this month. inDriver, which is headquartered in New York, has 26 million users in more than 200 cities throughout the world. The service is already operating in South Africa, Kenya, Tanzania and Uganda. The inDriver app is used by passengers and drivers to be linked up and negotiate fares. The app can also be used…

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Regulate? Mobile-based online lending firms may be money laundering channels says Central Bank of Kenya governor

Mobile-based lenders pose money laundering risk, says CBK

Mobile-based online lending firms should be regulated to avoid their usage as channels for introducing illegally-obtained cash into the financial system, Central Bank of Kenya governor Patrick Njoroge has said. In a presentation to parliamentarians Wednesday, Dr Njoroge singled out Tala, Branch and Okash — three highly-popular digital money lenders — as credit-only mobile lending institutions that could be easily used to launder illicit cash. Money laundering, which involves transferring and disguising illegally obtained cash to make it look legitimate, is mostly used by criminals and the corrupt to clean…

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Facebook, WhatsApp, Instagram in worst ever worldwide outage for the internet giant

Facebook said it was “back at 100 percent” after an outage on all of its services affected users in various parts of the world. Online monitoring service DownDetector reported on Wednesday that the outage began around 12:00 GMT and affected Facebook as well as its Instagram and WhatsApp services. “The issue has since been resolved and we should be back at 100 percent for everyone,” the company tweeted at 00:06 GMT on Thursday, adding they were sorry for “any inconvenience”. A Facebook spokesperson, also speaking on behalf of Instagram and…

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Payment app Venmo has 40 million users, parent company PayPal discloses

payment app Venmo has ushered in 40 million users to the platform, its parent company PayPal announced

Popular payment app Venmo has ushered in 40 million users to the platform, its parent company PayPal announced on Wednesday. This is the first time PayPal has disclosed user numbers for the millennial-focused, peer-to-peer app. In its first-quarter earnings report, PayPal said it now has a total 277 million total customer accounts — including 22 million merchant accounts. Total payment volume for Venmo grew 73% year over year to $21 billion in the first quarter, the company said. PayPal said Venmo is still on pace to do $100 billion in…

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MumsVillage enters ecommerce to help mothers earn revenue

MumsVillage enters ecommerce to help mothers earn revenue

Isis Nyong’o’s MumsVillage has diversified into ecommerce to help mothers make money with the launch of MumsVillageShop. The move into ecommerce has been supported by impact investor Gray Matters Capital’s digital accelerator program – GMC Calibrator. MumsVillage also participated in the Unilever-DFID TRANSFORM partnership and Alibaba efounders Fellowship. “It is great to see one of the members from the first class of the eFounders program bring their vision to life. The program aims to empower young entrepreneurs to be champions for an inclusive digital economy, and the growth of MumsVillage serves as a…

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Startups and Partnerships, EurAfrican Forum enables cross pollination of ideas: Dr. Precious Lunga – Baobab Circle

Search Results Featured snippet from the web Dr. Precious Lunga is CEO and Co-Founder of Baobab Circle, a health technology company delivering innovative health solutions via phones across Africa. She will be joining the 2nd edition of the EurAfrican Forum in Portugal as a speaker.

Dr. Precious Lunga, CEO and Co-Founder of Baobab Circle, will be joining the 2nd edition of the EurAfrican Forum in Portugal as a speaker, taking place on July 4-5. The EurAfrican Forum exists to explore and promote the power of diasporas as a connecting force between cities, regions and continents, between cultures, companies and people. It is an action-oriented gathering of leaders that aims to foster stronger collaboration between Europe and Africa to promote a shared green and inclusive growth for the two continents, fostering mechanisms for collaboration and creating…

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Swvl, Egyptian bus bokking app raises $42 million for expansion into more African countries

Swvl, an Egyptian app for booking buses, has raised $42 million as it looks to expand into other parts of Africa, including Nigeria.

Swvl, an Egyptian app for booking buses, has raised $42 million as it looks to expand into other parts of Africa, including Nigeria. The two-year-old company, which started in Cairo and also operates in Alexandria and Nairobi in Kenya, got the money from venture-capital firms including Sweden’s Vostok, Dubai-based BECO Capital, China’s MSA and Endeavor Catalyst, based in New York. “The plan is to be in at least two or three more African cities by the end of the year,’’ Mostafa Kandil, the 26-year-old founder and chief executive officer, said…

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