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The National Bank of Rwanda has announced that the East African country is looking into the possibility of introducing a national digital currency. One of the main concerns, however, is that of fraud.
Google has published new guidelines for personal loan apps that want to be available via its Play Store. Among some of the notable terms is that apps that require full repayment within 60 days or less will be banned.
No one in Kenya's FinTech supply chain and ecosystem has quite figured out how to remove or mitigate all points of resistance, which means that there is still room for others to come in and create different flavours of value that will resonate with consumers.
Crowdsourced innovation management plays a vital role in financial services firms of the future. As all the major financial companies look to gain the edge on one another, having an engaged and vibrant crowdsourcing community could well be a key asset in the digital era.