Commonwealth countries aim to unlock potential of FinTech

AFRICA – An innovative toolkit to help countries unlock the potential of financial technology to deliver inclusive economic progress has been launched by the Commonwealth Secretariat. The toolkit has been created in response to the requests of Central Bank Governors from across many Commonwealth countries and developed by the Commonwealth Secretariat with funding support from the Australian Government. Data by the Secretariat indicates that advances in financial technology (FinTech) in the past decade have revolutionised many aspects of financial services and expanded the provision of banking services.  Driven by rapid…

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