Author: Brand Spot

LG Electronics has announced its 2023 and beyond blueprint for the future, and innovations for the planet and the people to be exhibited through different products at CES 2023 in Las Vegas between January 5th and 8th. The blueprint targets to put the spotlight on LGs continuing commitment to sustainability by showcasing its Environmental, Social, and Governance-ESG vision and latest, impactful innovations in an exclusive exhibit dubbed the Better Life for All zone. Making the announcement, LG Electronics’ Head of Global Marketing Center Lee Jeong-Seok said, “Our ESG-focused exhibit will give visitors to CES insight into the values, determination, and dedication that fuel our sustainability…

Network International has announced the appointment of Sandeep Chouhan as Group Chief Business Transformation and Technology Officer. Bringing global experience in spearheading Business and Technology Transformations at some of the world’s leading financial institutions and payments businesses, Sandeep will be responsible for driving Network’s group-wide strategic transformation to accelerate business growth, operating efficiency and innovation in processing and acquiring products, as well as reducing time-to-market for banks, merchants and fintechs. A reputed figure in the global banking and payments industries, Sandeep most recently served as Group Chief Operating Officer of Abu Dhabi Islamic Bank (ADIB). He brings with him over thirty…

When securing access to our money, credit information, and identities, passwords are the first line of defense. However, we, as a country as a whole, do a lousy job of maintaining that line. Of course, passwords are only partially secure. They can be bypassed by any determined hacker, just like a burglar can do the same with a locked door. But many people continue to leave their front door’s lock open digitally, which is the equivalent of going a key in the lock despite repeated advice from experts. It’s not difficult to defend yourself, but it does take some work.…

Zoho Corporation has unveiled new tools for Zoho Desk to help customer service teams evolve with the changing needs of customers and meet heightened business expectations. Zoho Desk, which has achieved 55% year-over-year revenue growth for the past five years in Kenya and 45% globally, now serves more than 100K businesses around the world. The platform has also witnessed a phenomenal adoption across the MEA region, achieving 580% CAGR over the past five years. New capabilities in Zoho Desk include Blended Conversations—a seamless combination of human-driven and bot-powered conversational service experiences—as well as several refinements to the user interface to make…

In India, each state is in charge of how lotteries are run. Under the Lotteries Act of 1998, the Central Government has permitted the states to make their own laws. Because of this, government lotto is now illegal in most Indian States, but they are still allowed in some. But no specifics have been given about online lotteries in general. No matter what state it is played in, it puts this type of gambling in a gray area where it is neither legal or illegal. The only thing that might be different is online lotteries, which any Indian citizen can…

LG has confirmed that it will be unveiling the new InstaView French-Door refrigerator at CES 2023. The event will be held from January 5th- 8th in Las Vegas. Armed with new features, the upgraded refrigerator is aimed to help users create a more stylish kitchen that sits flush with the cabinetry offering an upgraded culinary life. Besides, the new counter-depth model offers large capacity and a simple yet elegant built-in design featuring a mirror InstaView panel and unobtrusive pocket handles. It also provides four different types of ice and keeps food fresh for longer with LG’s advanced freshness technologies. Speaking…

Ventures Platform, has announced the final close of its early-stage and intercontinental fund, at $46M. Surpassing its initial $40M target, the oversubscribed fund from one of the continent’s most prolific investors sees new participation from global investors with an array of top-tier commercial banks, corporates, DFIs, global institutional investors and HNIs, including Standard Bank, International Finance Corporation [IFC], British International Investment, A to Z Impact, Proparco with FISEA, AfricaGrow a Fund of Funds backed by BMZ [German Ministry for Economic Cooperation and Development, DEG and Allianz, managed by Allianz Global Investors], and others. The new fund will see Ventures Platform…

Blockchain is widely known as an innovative technology able to drastically reformat the financial interaction between people and entities. But there is still a low understanding among users what it looks like to switch one’s life to a decentralized mode. Let’s dive into the PLC Ultima blockchain-based ecosystem and watch how decentralization and blockchain transform people’s life and raise living standards. PLC Ultima is a blockchain-based ecosystem initially launched by a blockchain expert and venture capitalist Alex Reinhardt. Although it’s only one-year-old, this decentralized platform already has a full range of services needed in everyday life that allows individuals and…

Visa has affirmed its commitment to digitally-enabling small and medium businesses (SMBs) in Kenya by working closely with partners to accelerate access to digital payments. Visa has also announced its intention to launch dedicated Kenya editions of both its Visa Everywhere Initiative and She’s Next global fintech innovation and women’s empowerment programs over the next 12 months. Visa’s She’s Next will be launched in Kenya in 2023 in partnership with financial institutions and will target women entrepreneurs to address the funding and operational needs of their businesses. In addition to this, Visa will have the first Kenya-dedicated edition of its…

In the zettabyte age, the processing and storage of the flood of data as well as the increasing energy demand pose great challenges for companies – from a technological as well as an ecological point of view. Manfred Berger, Senior Manager, Business Development at Western Digital takes a look at the year 2023 and has identified five technology trends that companies should keep an eye on.  Trend 1: Sustainability as a driving force for innovation The amount of data and the use of modern technologies such as AI (artificial intelligence) are continuously growing. This also raises the power consumption in…