FinTech in Sub-Saharan African Countries : A Game Changer? /

FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vu...

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Bibliographic Details
Main Author: Sy, Amadou
Other Authors: Maino, Rodolfo, Massara, Alexander, Perez-Saiz, Hector
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:Departmental Papers; Departmental Paper ; No. 2019/004
Online Access:Full text available on IMF
Description
Summary:FinTech is a major force shaping the structure of the financial industry in sub-Saharan Africa. New technologies are being developed and implemented in sub-Saharan Africa with the potential to change the competitive landscape in the financial industry. While it raises concerns on the emergence of vulnerabilities, FinTech challenges traditional structures and creates efficiency gains by opening up the financial services value chain. Today, FinTech is emerging as a technological enabler in the region, improving financial inclusion and serving as a catalyst for the emergence of innovations in other sectors, such as agriculture and infrastructure.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (61 pages)
Format:Mode of access: Internet
ISSN:2616-5333
Access:Electronic access restricted to authorized BRAC University faculty, staff and students