Industry Intelligence
Live coverage of Forex, CFD, and Fintech B2B — auto-curated from 100+ sources, refreshed every 2 hours.
Kora states it is being falsely accused of money laundering in Kenya since May 2022 after depositing $250,000 as capital for a payment and remittance license. The company maintains that all transactions in that account are verifiable and that they are rigorously challenging these claims in the Kenyan courts. Kora reiterates its commitment to ethical operations and compliance.
Kora, a payment infrastructure platform, has partnered with the International Air Transport Association's IATA Financial Gateway (IFG). This collaboration aims to connect global airlines with Africa's extensive payment ecosystem through a unified and reliable infrastructure. This will streamline airline payment processes across the continent.
KoraThis article from Kora discusses the differences between traditional and digital payout methods for global SMBs, highlighting the benefits of modern digital platforms. It emphasizes that choosing the right payment system can significantly impact a business's operational efficiency and cost. The content also briefly mentions Kora's role as a digital payout provider.
KoraHQ published an article detailing how to protect against cybercriminals via email phishing. The article highlights the prevalent use of email by fraudsters and how to identify harmful attachments and scams. It also advises on implementing proper processes to enhance email security.
The article discusses how African fintechs, including Kora, can foster lifelong customer loyalty through transparency. It highlights that customer loyalty is a significant challenge in African fintech, making profitability harder to achieve. The piece offers five ways fintechs can build loyalty through transparent practices.
Kora partnered with Google Developer Groups Owerri (GDG) to host a hackathon aimed at empowering Africa's tech talent and fostering digital transformation. The event, held virtually from March 19-30, 2023, challenged developers to create innovative tools using Kora's APIs. Three teams — Mavericks, Code Crusaders, and Thrive — were recognized for their creations, which included a gift card platform, a health insurance platform, and a mobile app for rotating savings.
The article discusses the growing digital payment processing market in Africa, highlighting the substantial increase in mobile payment transactions. It emphasizes the critical role of payment processors like Kora in driving business growth on the continent by enabling efficient digital payment capabilities. Businesses looking to expand in Africa need to understand local consumer preferences and leverage payment solutions to capitalize on the region's emerging economies.
This article from Kora Blog, a payment provider, outlines the critical importance of least privilege access control for business security. It details what access control means, different types like RBAC and ABAC, common failures, and how to strengthen practical application. The piece emphasizes that access should be based on trust and necessity, not convenience.
The article from Kora Blog highlights the often-overlooked importance of physical security in safeguarding data and assets. It emphasizes that physical breaches can lead to significant harm to IT resources and provides practical tips, such as inventory checks, secure storage, and awareness of 'shoulder surfers,' to mitigate these risks. This piece serves as a reminder for individuals and businesses to extend their security focus beyond digital threats to include their physical environments.
Kora, a payment service provider, has achieved ISO 27001 and ISO 22301 certifications. These certifications demonstrate Kora's commitment to information security management and business continuity for its services. This milestone assures merchants of the company's dedication to robust data protection and uninterrupted service delivery.
Korahq.com published an article detailing what deepfakes are and how to spot them. The article aims to educate readers on recognizing manipulated content created using artificial intelligence and offers protection tips. This initiative highlights Korahq's commitment to merchant security awareness.
This article from Kora HQ provides cybersecurity tips to stay safe during the December holiday season. It highlights that cyberattacks often increase during this period due to reduced vigilance and increased activities for both consumers and businesses. The piece emphasizes the importance of vigilance against phishing attempts, fraudulent shopping sites, and account takeover attacks.
