The Quiet Failure: What Database Contention Is Doing to African Banking Infrastructure
There is nothing unusual Monday mornings as these are peak period for most Nigerian financial institutions; it’s a period when weekend backlogs clear and salary-related transfers process simultaneously across millions of accounts. A bank’s system can handle the load until it cannot.
The controls worked, the fraud was stopped, and the losses were limited.
Then came the board meeting and the question nobody had prepared for: prove it.
What it Actually Takes to Reduce Fraud Across A Banking Network
When fraud hits one bank on shared infrastructure, it has usually already hit three others. A Nigerian fintech company, Qore is set out to fix that, not just with their products, but with a process.
Nigerian banks lost N52 billion to fraud in 2024 and a Nigerian infrastructure company thinks it has found a structural fix to fraud and the evidence is starting to back it up.
A Blueprint for Data Privacy in Financial Institutions
How financial institutions can ensure that the data of their customers, employees, and partners are handled with care, respect, and full compliance with data privacy rules applicable to them.