Yoco has expanded its offerings beyond traditional card payments by launching an AI-powered platform that includes over 20 new features. These features comprise an AI assistant, loyalty rewards, tools tailored for specific industries, reduced fees, and savings pockets designed to assist businesses in their operations.

Emma Okonji discusses the challenges faced by Nigerian Small and Medium Enterprises (SMEs) in implementing Artificial Intelligence (AI) tools. The conversation has often centered on high-level innovation, but many SMEs struggle with practical implementation issues.

Kenyan business leaders have been encouraged to advance beyond mere experimentation with artificial intelligence and to integrate it into their core business operations to drive growth, according to CIO Africa.

The article discusses the potential of artificial intelligence (AI) to drive growth for small and medium enterprises (SMEs) in South Africa. It explores the current landscape of AI adoption among these businesses and offers insights on how they can effectively navigate the hype surrounding AI to identify real opportunities for development.

According to TechMoran, while cybersecurity firms are using Artificial Intelligence (AI) to improve threat detection, cybercriminals are also employing AI for automated phishing and malware attacks. A survey indicates that 43% of organizations believe hackers are utilizing AI-driven techniques to enhance their effectiveness. To mitigate these threats, companies are encouraged to implement AI-powered platforms instead of relying on isolated solutions.

Investec, a dual-listed lender, is implementing Microsoft’s AI assistant for all employees in South Africa and the UK. This initiative aims to enhance productivity and streamline operations across the organization.