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Data quality is indispensibale for financial services providers – Data Experts

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Financial services providers have been urged to pay particular attention to the quality of their data – internal and external – as well as the ensuing management of said data, as it represents the “bedrock of the financial services sector,” and will define the winners and losers of the sector moving forward.

This was the broad consensus of a panel of data quality and management experts, who agreed that to remain competitive in an ever-evolving landscape; where consumer preference is changing rapidly and regulation with it, financial institutions must be able to make intelligent decisions on how best to serve their customers – and at the heart of intelligent decision-making is quality data.

According to the Chief Risk and Credit Officer at the ARB Apex Bank, Dr. Joseph Asantey, the human factor, particularly at the point of the capture of data represents the biggest source of error in the data chain. This, he noted, is a matter of great concern as “poor data quality leads to errors in decision making, which can be costly.”

Explaining, he said, noisy data can make or break an institution as incorrectly marketed products, based on faulty data, can result in the poor uptake of a product, or at worst, lead to customer attrition. To remedy this, he proposed the application of the best technological tools possible.

“Data will continue to grow and discrepancies will continue to exist but the solution line depends on the deployment of the appropriate technology, to address each of these discrepancies because as institutions are manned by humans, these challenges will remain. But improved and enhanced digital technology will go a very long way in reducing the discrepancies, whilst not entirely wiping it out but bringing it to a manageable level,” he remarked.

Taking the argument further, Director, Data Science, Centelon, India, Prabhash Thakur said that whilst technology is pivotal in data quality management, it requires proper controls and integration with other business elements to yield optimal results. “We cannot leave it to technology alone. We need to make sure businesses start with data profiling and there are a lot of tools for that,” he said.

Whilst there has been the rapid transition to online interactions, some customers, by choice or extreme constraints, interact with their financial services provider via analog means of in-person meetings. Mr. Thakur noted that such customers remain the most vulnerable to having incorrect details, a development that can inadvertently lead to their exclusion from key products and services.

“For those customers who interact offline, the data quality problem is higher, the reason being that those customers interact via phone or branch visits and there is a heightened chance of losing some information during this.”

Data professional and consultant, Sarah Oppan stressed the need for processes to be put in place to reduce discrepancies in data, from point of capture to storage and analysis. This, she said is crucial in ensuring that the data is correctly interpreted, especially, as it has decision-making implications. “There must be data quality tools in place and some measures must be agreed upon in how it is to be measured. We concede that we can not have 100 percent clean data. But a range must be agreed on as to what qualifies credible data.

Addressing concerns over the reluctance of some higher-ups to sanction spending for data quality management, she said those responsible for data control must ensure that they communicate properly, showing in monetary terms, amongst other variables, the cost, and benefit per unit.

“It is hard for most institutions to have dedicated budgets but everyone appreciates the use of data in decision making. But then, if you are asking for a budget or implementing things to improve the quality of data, ensure that some figures are put to use-cases of KPIs that you are modeling. Data doesn’t stand alone, data serves a business so what we are trying to do is look at cost of acquisition and potential benefit, in monetary terms,” she explained.

On his part, Head of Information Technology at FBN Bank, Kwadwo Asare Asante, urged financial institutions to spare no expense in ensuring data are updated frequently as the change of a small detail such as a telephone number, email address or residential address could have dire rippling effects on service delivery and wider financial inclusion.

These experts were sharing their thoughts during a webinar jointly organised by CWG Ghana and Centelon on the theme ‘Data Quality Management in Banking& Financial Institutions’.

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Kickstart your new year with Apple Music’s workout playlists

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Apple Music’s extensive range of fitness playlists is the perfect motivation for achieving those new years’ resolutions. Whether you’re looking to turn over a new leaf or hoping to increase the intensity of your training, Apple Music has you covered.

 

Thoughtfully curated by Apple Music, the playlists range from home workouts, high intensity, cardio and cycling, to yoga, meditation, rowing, weights, jumping rope, running, pilates and walking.

 

This summer, legendary Afrikaans rocker and title-winning boxer, Francois van Coke, and prolific Cape Town fitness instructor and entrepreneur, Tammy Rawstron, will takeover two of Apple Music’s flagship fitness playlists Fiks of Niks and Summer Fit respectively, sharing their favourite workout tracks to sweat to.

 

“I’ve been serious about my fitness for the past few years, but I took it to a new level this year when I had to beat up a Springbok. This is my workout playlist of the past few months. I regularly update it with new tunes or tunes that I rediscover. My Apple Music playlist is also not genre-specific at all. It features pop, punk, rock and hip-hop and a few other things in between.” – Francois van Coke

 

“Let’s get healthy and happy together, if you were looking for a sign, this is it. Don’t attempt a fit summer without a set of trendy tracks. Listen up, you can’t help but get moving! Fitness was always supposed to be fun. Summer was always supposed to be sweaty so let’s have the hottest summer ever.” – Tammy Rawstron

 

Apple Music’s fitness playlists also include guest-curated playlists from some of South Africa’s leading sports personalities including Protea’s captain Temba Bavuma, Springbok rugby player Makazole Mapimpi, cricketing legend AB de Villiers and Olympic gold medal swimmer Chad La Clos.

 

As part of their year-end charts, Apple Music have launched a brand new Top 100 2021: Fitness playlist, featuring the most-played workout music across Apple Music this year. The Top Streamed Workout Song of 2021 was ‘Head & Heart’ (feat. MNEK) [Tiësto Remix] by Joel Corry.

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Pizzaman-Chickenman opens 4 branches simultaneously in Accra

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Pizzaman-Chickenman opens 4 branches simultaneously in Accra.

This brings to a total of  10 branches in less  than 2years of their existence.

Pizzaman chickenman is fully  owned by Ghanaians.

Kumasi already has 6 branches  and locations include; Ahodwo, KNUST campus, Sofoline, Suame Maakro, Airport Roundabout, Dakodwen and a food truck at Tafo.

In Accra,Pizzaman chickenman have  branches in Dansoman Exhibition Roundabout, Spintex, East Legon and Awoshie all opened simultaneously .

Christian Boakye-Yiadom, a young Ghanaian man is the CEO for Pizzaman-Chickman.

The first and fully Ghanaian owned Angel Investor company in Ghana QuickAngels are partners to this business

Quick Angels so after after establishment have financed over 32 companies . Among some of the businesses under QuickAngel include Pinknerry, Doughman Foods, Richie Rich Gummies, Sankofa Natural Spices, Agatex Paints, Benji Rice, Sun Solar( Into Salt Production), Coli Networks, Alcilla Farms, Tigon Creative Studio, Jenam Cosmetics, Prospectus.

The primary aim of QuickAngels is to support start ups, businesses and entrepreneurs with equity funding.

QuickCredit & investment microcredit limited is a sister company to QuickAngels and also has other businesses in  African countries such as Tanzania, Uganda ,Kenya,Nigeria,Sierra Leone, Liberia with the name “Oya” meaning quick in the Ga language.

Richard Nii Armah Quaye is the Chairman for QuickAngels and QuickCredit Companies

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Ghana To Host Kusi Ideas Festival December 10- 11

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he Ghana Tourism Authority, under the auspices of the Ministry of Tourism, Arts and Culture, in partnership with the Nations Media Group are organising the 3rd edition of the Kusi Ideas Festival on the 10th – 11th December, 2021 at the Accra International Conference Centre, AICC.

This year’s conference, which will be a hybrid is under the theme; ‘HOW AFRICA TRANSFORMS AFTER THE VIRUS’, and subthemed; ‘BEYOND THE RETURN: AFRICAN DIASPORA AND NEW POSSIBILITIES.

The Chief Executive Officer of the Ghana Tourism Authority, Mr. Akwasi Agyeman, said the Kusi Ideas Festival has come at the right time to cement Ghana’s reputation as a leading business tourism destination. “We have embarked on a journey to attract meetings, conferences and events into Ghana and this partnership with NMG is in the right direction “

This year’s Kusi Ideas Festival will be opened by the President of the Republic of Ghana, H.E Nana Addo Dankwa Akufo-Addo. Other Presidents billed to speak are President Paul Kagame of Rwanda and President Yoweri Museveni of Uganda. Several business and political leaders across Africa are billed to attend.

Other sub themes are;

• Taking forward the lessons learnt from leading during the pandemic
• Technology, innovation and creating the most African wins
• Opening borders and building back tourism among others.

Kusi Ideas Festival was started three years ago by the Nation Media Group as a Pan-African platform to examine the African continents place in the world.

ISSUED BY THE CORPORATE AFFAIRS DEPARTMENT OF THE GHANA TOURISM AUTHORITY.

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Queenlet’s One Month Old Song Receives Two Nominations – Over 207k Views

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One month old song, “Windblow” receives two nominations from Rhema Awards Global 2021.

When one mention Soakat, the person who comes in mind is multiple award-winning Artiste QueenLet, the Soaking and atmospheric gospel minister, also known as Queen Leticia Kyerewaa.

In the space of one year, through Euro-African’s Favourite Record Label Debrich Group, QueenLet have released four (4) singles, the latest one, ‘Windblow’ is just one month old.

Most noteworthy, this is a collaboration featuring a Nigerian gospel minister, Jimmy D Psalmist.

Windblow have received two nominations from Rhema Awards Global 2021, the categories are best gospel collaboration song, and gospel song of the year.

Even more, Dear Holy Spirit, the award winner song of Maranatha Awards 2021 was also nominated as best gospel worship song.

Furthermore, Anwanwadwuma (marvelous God) which won the best female minister global uprising 2021 Maranatha Awards, also received nomination as best gospel praise song in Rhema Awards Global 2021.

Above all, a month-old song has achieved massive views on YouTube and so many powerful media houses across the world, especially Nigeria and Ghana.

Almost, major Nigeria and Ghana publishers or Bloggers published articles on the new release in less than 24 hours as the song was uploaded @queenletmusic, on her YouTube channel.

Recently, QueenLet is seen in Tiktok and Instagram videos with the programme, Music In Exaltation (MINE). Where She exalts people through music and the word of God.

Meanwhile, her genre of music called SOAKAT, which means soaking and atmospheric music is outstanding. It could be classified as very spiritual or spirit filled.

Source: GhanaChurch.com

WATCH EMBEDED VIDEO BELOW:

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Grace Asantewaa Koranteng tops all at the 15th Congregation of the Presbyterian University College

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Grace Asantewaa Koranteng, an entrepreneur and owner of Grasante Collection has the internet screaming ‘girl power’ as she managed to graduate with 44As and a B+ making her the Overall Best Graduating student of the Presbyterian University College (PUC). She also bagged the most coveted Moderator’s Special Award.

She shared the occasion on her Facebook page saying:

“SO, I AM MORE THAN EXHILARATED!! At the 15th Congregation of the Presbyterian University College, Ghana, which was held on Saturday, 27th November, 2021, I graduated with a first class honors in Bsc. Business Administration (Management). I produced 44 A’s and 1 B+ out of 45 courses with a CGPA of 3.98 on a score of 4.0. This won me the most desired Moderator’s Special Award for Overall Best Graduating Student, making me the Valedictorian of the 2021 Graduating Class. In addition, I received awards for Overall Best Student – Department of Business Administration, Overall Best Student – School of Business and Economics. 

It’s an honour! God, your daughter is grateful.I didn’t know such a day ever existed in my life.
My life at some point, didn’t go as planned so I thought some blessings were for some special people only. Glory be to God! To achieve this feat means a lot to me. I express my utmost gratitude to my parents, lecturers, mentors, coaches, group study mates, course mates and all the special people in my life. I couldn’t have done it without you. God bless you all so greatly. Everything you put your mind to, you can do it!”

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Download tons of apps on HUAWEI Y9a with AppGallery and Petal Search

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Featuring a 64MP AI Quad Camera and 40W (22.5W) HUAWEI SuperCharge, the HUAWEI Y9a has become a top player in the mid-range smartphone market and is a top-selling product. Pre-installed with AppGallery, along with Petal Search, HUAWEI Y9a users can easily download a huge number of popular mobile apps onto their phone.

 

TOP 3 app marketplace in the world: AppGallery has it all

As Huawei’s official app marketplace, AppGallery provides users with global top apps and services, as well as a wide variety of local quality apps. AppGallery is currently available in more than 170 countries and regions, making it the TOP 3 app store in the world.

From news to social networking, entertainment and more, AppGallery covers 18 app categories so you can enjoy a diversified selection of some globally popular apps and services.

To protect user’s personal data and security, the AppGallery has a full-cycle security and protection system, including developer real-name verification, four-step review process, download and installation protection, as well as a prevention mechanism for app operation.

Search and Download things you want through Petal Search

As a search engine, Petal Search has two major features – generic search and app search. Through these you can explore apps, news, images and more. Petal Search lists apps from multiple sources, including AppGallery.

This search and download process can be done with only two steps:

  • Open the Petal Search app or search widget and enter the name of the app you are looking for. In the result list, select the Apps category to shortlist the content.
  • Go to the app you need and hit the Install button – Petal Search will direct you to the source so you can start downloading it. The source might be AppGallery, its official website or third-party platforms such as APKPure. Before the installation starts, your Huawei mobile will request for a security check to scan for any risks.

Other than downloading new apps, users can get updates for existing apps from Petal Search. Just go to Me -> Downloads -> Updates, and select an app to get the update.

The Petal Search widget is pre-installed on the home screen on HUAWEI Y9a

In addition to app experience, the HUAWEI Y9a appeals to a range of consumers with three colour options: Midnight Black, Space Silver, and Sakura Pink, and has 8GB RAM and 128GB storage, priced at GHS1759

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