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Interswitch Concludes TechConnect 4.0 Series

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Techconnect

By Adedapo Adesanya 

African integrated digital payments and commerce company, Interswitch has concluded the fourth edition of its TechConnect series, marking the culmination of an impactful journey across five major Nigerian cities including Enugu, Asaba, Abuja, Ibadan, and Lagos.

The grand finale, which was held at Classique Event Place, Oregun, Lagos, epitomised Interswitch’s commitment to shaping the future of financial services in Africa. The series served as a powerful platform for advancing high-level discussions on technology, innovation, and financial inclusion, fostering collaboration across the financial services ecosystem.

The event was a fitting climax to a series that brought together industry leaders, policymakers, fintech innovators, and microfinance practitioners, who gathered to explore the vital role of technology in driving financial inclusion and economic growth across Africa. Throughout the series, Interswitch has reinforced its mission to build digital solutions that provide equal access to financial services for individuals, businesses, and institutions.

Delivering his keynote address, Mr Akeem Lawal, Managing Director, Payment Processing & Switching, Interswitch Purepay, highlighted the transformative potential of digital payment solutions:

“At Interswitch, we are deeply committed to financial inclusion, recognising that digital payment solutions are pivotal in expanding access to underserved populations. By enabling broader participation in the economy, we believe we can create a rising tide that lifts all boats, empowering individuals, businesses, and financial institutions alike.

“Our vision is simple yet profound: to power a seamless, connected payment ecosystem across Africa, turning challenges in the payments landscape into opportunities for economic growth and shared prosperity,” Mr Lawal.

The Lagos finale featured a fireside chat themed “Regulating New Technologies: Strategies for Innovation and Compliance, Harmonising Regulatory Frameworks and Risk-Based Approaches.

The speakers emphasised the critical role of collaboration between regulators and industry players in navigating the rapidly evolving technology landscape.

They also highlighted the importance of designing regulatory frameworks that balance innovation with compliance to create a sustainable fintech ecosystem.

Two thought-provoking panel sessions enriched the discussions at the event, offering diverse perspectives on critical industry topics. The first session, themed “Navigating the Future of Financial Services: Integrating Compliance, Technology, and Collaboration to Combat Fraud and Drive Growth,” focused on leveraging compliance, technology, and collaborative efforts to address fraud challenges while unlocking new growth opportunities.

The second session, themed “Building Financial Resilience: The Intersection of Commercial & Microfinance Banks, Fintechs, & OFIs in Fostering Growth within the Financial Services Sector,” explored strategies for fostering resilience and growth through synergy between financial institutions and fintechs.

A special highlight of the event was the presentation of awards by Interswitch to Zenith Bank, Access Bank, First Bank, UBA, and Fidelity Bank in recognition of their exceptional performance and significant contributions to the financial ecosystem. Moniepoint, Opay, Paystack, VFD Microfinance Bank, Lapo Microfinance Bank, and several others were also honoured for their impactful roles in advancing the sector.

The TechConnect series traversed Nigeria’s key financial hubs, showcasing the transformative power of technology and digital payments in promoting financial inclusion. At each stop, participants engaged in hands-on demonstrations of cutting-edge digital solutions, gaining practical insights into the tools and strategies redefining the financial services landscape.

The series underscored Interswitch’s strategic vision of financial transformation, providing a platform for stakeholders to address challenges and opportunities in the sector. The events successfully reflected regional priorities while reinforcing the company’s overarching commitment to innovation and resilience across Nigeria.

“As the TechConnect 4.0 series concludes, it has not only left a lasting impact on Nigeria’s financial landscape but also set a clear direction for future initiatives aimed at integrating technology and financial services across Africa. Interswitch remains unwavering in its commitment to fostering partnerships, supporting innovation, and promoting financial inclusion to empower communities and drive economic growth,” the company said in a statement. 

“Looking ahead, Interswitch continues to lead the charge in shaping the future of Africa’s financial ecosystem by delivering solutions that unlock potential, empower underserved populations, and create sustainable growth across the continent,” it added. 

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Identy.io Announces Strategic Expansion into Nigeria, Kenya

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Identy.io

By Adedapo Adesanya

A global biometric authentication technology company specialising in secure, mobile-first identity verification, Identy.io, has announced its expansion plans into Africa with a pilot focus on Nigeria and Kenya.

The firm disclosed in a statement that it has appointed a regional leadership team to engage with key stakeholders across the government, financial services, telecommunications, and other regulated sectors in both countries.

These include Mr Olajide Olasiyan-Ola as Regional Head for West Africa, Mr Edwin Mutisya as the Senior Sales Manager, and Mr Matus Kapusta as the Product Director for Identy.io’s Automated Biometric Identification System (ABIS) product portfolios.

Amid the need for effective identity solutions becoming increasingly urgent, countries like Kenya and Nigeria are making significant investments in public digital infrastructure by integrating identity systems with public services, financial access, and mobile connectivity as part of their broader economic development agendas. This is helping to implement national digital identity systems to improve service delivery, promote financial inclusion, and develop digital public infrastructure.

The World Bank’s ID4D data indicates that approximately 80 per cent of adults in Sub-Saharan Africa possess basic identification. However, there are significant disparities between countries, with many having coverage below 70 per cent. These gaps hinder access to essential services and economic opportunities.

With Identy.io coming into the fold, its regional leadership team will collaborate with clients across the public and private sectors to support responsible, scalable identity implementations aligned with national digital transformation priorities.

After Nigeria and Kenya, the firm plans to expand into additional African markets as part of a phased regional growth strategy.

According to Mr Antony Vendhan, Co-founder of Identy.io, “We are transforming the traditional industry model, which often relies on expensive and inflexible digital infrastructure. Instead, Identy.io adopts a software-first approach, minimising reliance on specialised biometric hardware. Our technology supports biometric capture using standard smartphones, processes identity documents, issues digital identities to individuals lacking formal identification, and facilitates large-scale biometric verification and deduplication.”0

“This innovative yet simplified approach allows our clients to reach underserved communities by providing individuals with multimodal access to secure their digital identities and explore new economic opportunities,” he stated.

As part of Identy.io’s industry validation strategy, the company’s ABIS system has completed MOSIP’s partner compliance process and is listed on the MOSIP Marketplace. This platform offers compliant technologies that governments and ecosystem partners can evaluate for MOSIP-aligned deployments. MOSIP helps governments conceive, develop, implement, and own foundational digital ID systems tailored to their unique needs.

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ZeroDrift Receives $2m in Pre-Seed Capital for AI-driven Tools

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By Dipo Olowookere

A $2 million pre-seed round to automate compliance in real time, unlocking business velocity while giving compliance teams infrastructure to scale oversight has been received by ZeroDrift.

The fresh capital was pumped into the firm by a16z speedrun. It is to support the company’s go-to-market launch, product expansion across communication channels, and continued development of its AI-driven compliance engine.

The organisation plans to deepen its coverage across financial services before expanding its rule-based compliance engine into other regulated sectors, including insurance, healthcare, ESG disclosures, and AI governance.

The long-term vision is to become the universal trust layer for any system that communicates, ensuring that as AI and automation scale, trust, safety, and compliance scale with them.

ZeroDrift is an AI-native communication firewall that validates and fixes content before it is sent, giving compliance teams control at scale and business teams the speed to execute.

The platform encodes SEC, FINRA, and firm-specific policies into machine-readable rulepacks, then enforces them at the point of creation.

ZeroDrift integrates directly into tools teams already use, including email, browsers, CRMs, websites, social platforms, and AI systems.

Content is checked instantly, issues are flagged with suggested fixes, and compliant messages move forward without delay. Compliance teams retain full visibility through centralised dashboards, audit trails, and exam-ready evidence generated automatically.

ZeroDrift is launching initially in financial services, serving registered investment advisors, asset managers, broker-dealers, and wealth platforms.

The market includes more than 15,000 RIAs, 3,500 asset managers, and hundreds of thousands of registered representatives in the United States alone.

Early use cases include faster campaign launches, higher sales velocity, safe deployment of client-facing AI, and instant exam readiness without last-minute scrambles.

“People do not want to be non-compliant. They have no way to know if what they are writing is acceptable until it is too late.

“Compliance should be a guardrail that lets teams move faster, not a gate that slows everything down. Our goal is to make compliance happen automatically at the speed of work,” the chief executive of ZeroDrift, Kumesh Aroomoogan, said.

A representative of a16z speedrun, Troy Kirwin, said, “Compliance has quietly become a limiting factor for how fast regulated companies can operate. ZeroDrift flips that dynamic by preventing violations before they happen and making compliance a built-in part of everyday workflows.”

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Region-Aware Login Systems Adapting Security Rules to Local Regulations

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The online world often feels borderless, but geography has never mattered more for security. As data laws like GDPR and CCPA evolve, the “one-size-fits-all” login is becoming obsolete. Sophisticated platforms now use region-aware systems—intelligent gateways that detect a user’s location and recalibrate security protocols to meet local legal requirements. By treating location as a primary credential, these systems move away from the “Wild West” era, allowing companies to respect digital sovereignty while maintaining a high-performance experience.

Moving Beyond the Universal Digital Identity

In the early days of the internet, security was largely a choice made by the platform provider. If a company wanted to require a long password, they did; if they didn’t, a simple four-digit PIN might suffice. However, we have entered an era of “Regulatory Fragmentation.” Governments now take an active role in defining what “adequate security” looks like, and these definitions change as soon as you cross a digital border. A platform that ignores these regional nuances risks more than just a poor user experience; it risks massive fines and the potential loss of its operating license.

The concept of a “universal” login is being replaced by “contextual authentication.” This means the system asks: “Who are you, and where are you?” before it even presents the password field. By understanding the context of the login attempt, the system can dynamically adjust. For example, a user logging in from a jurisdiction with strict data-export laws might be blocked from accessing sensitive information unless they pass an additional biometric check, whereas a user in a less regulated area might enjoy a faster entry process.

Strategic Compliance in High-Regulated Environments

High-compliance industries like finance and gaming require 100% certainty regarding a user’s location. In these sectors, regional adaptation is a foundational requirement for doing business legally.

For example, online casinos, like https://nv.casino/en, demonstrate why these adaptations are essential for a safe experience. Because state and national gaming laws vary significantly, a region-aware login ensures that the software instantly recognizes a player’s jurisdiction and applies relevant safeguards. In some regions, this means enforcing strict two-factor authentication (2FA); in others, it involves real-time identity verification against local databases. This localized approach protects user data and ensures providers remain compliant with diverse gaming commissions without creating a restrictive experience for the player.

The Multi-Layered Tech Stack Behind Global Gateways

Modern systems verify location by analyzing multiple “signals” within milliseconds. To ensure speed and accuracy, several core technologies work in tandem behind the scenes:

  • IP intelligence: Databases map IP addresses to physical locations while filtering out known proxy servers and fraudulent VPNs.
  • Latency analysis: By measuring the time data takes to travel, systems can detect if a user is “spoofing” their location from across the globe.
  • Edge computing: Processing logic at local server nodes ensures that regional rules are applied instantly without slowing down the page.
  • Device fingerprinting: Identifying hardware and software settings helps verify if a device matches the typical profile for its reported region.

Solving the Friction Problem with Adaptive Security

The “Holy Grail” of login security is “Adaptive Friction.” The idea is to make entry easier for “known” or low-risk attempts while automatically “dialing up” security for high-risk regions or strict regulatory territories.

This prevents forcing users in low-regulation areas through unnecessary verification steps. By tailoring security to the location, platforms offer the smoothest possible entry point while maintaining a competitive edge. This localized efficiency has become a major selling point for global apps, reducing user frustration caused by irrelevant security hurdles.

Key Steps for Building a Future-Proof Login Framework

Implementing a region-aware system requires balancing legal mandates with technical integration. The following steps provide a roadmap for moving toward a more adaptive security model:

  • Map global regulations: Identify user locations and the specific privacy mandates for each territory.
  • Define security templates: Create distinct “profiles”—such as “Strict European” vs. “Standard North American”—that the system can swap between instantly.
  • Establish fallback protocols: Ensure the system defaults to the most secure option if a location cannot be verified with absolute certainty.
  • Perform regular audits: Because digital laws shift frequently, regular reviews of the underlying rulebook are essential to remain compliant.

The Cultural and Legal Shift Toward Digital Sovereignty

The concept of “Digital Sovereignty”—subjecting data to the laws of its physical location—will define the next decade of internet growth. Region-aware login systems are the first line of defense in this organized digital society.

Ultimately, these systems build trust by respecting the laws of a user’s home country. Security is no longer just about keeping hackers out; it is about ensuring that digital entry is as respectful and legal as navigating the physical world. By embracing geographic intelligence, platforms build smarter gates that welcome every user appropriately, no matter where they stand.

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