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FINTECH DEVELOPMENTS IN THE SADC REGION
Innovations in financial technology have the potential to
fundamentally change the financial sector and the wider economy. Although still early
in its evolution, financial technology (fintech) can, for example, promote
financial inclusion, expand access to capital for individuals and small businesses, and,
more broadly, reshape how society interacts with financial services. In addition, the
COVID-19 pandemic has further increased consumer usage of digital financial services
and fintech platforms, highlighting their significant benefits, challenges, and
potential risks, especially in times of crisis and economic stress. (Read
more . . .)