Commonwealth Central Banks share perspectives on effective strategies for working with the private sector to unleash Fintech

Commonwealth Central Banks share perspectives on effective strategies for working with the private sector to unleash Fintech

At their meeting in Washington yesterday, Commonwealth Central Bank Governors came together to discuss how best they can work with the private sector, including the emerging ‘Fintech’ sector, to realise the opportunities and meet the challenges associated with the rise of Fintech. The meeting was chaired by one of the longest serving Governors in the Commonwealth, Governor Benno Ndulu of the Bank of Tanzania. Deputy Secretary-General of the Commonwealth Dr Josephine Ojiambo, who introduced the Chair, noted that “the application of innovative technologies, such as blockchain, represent a disruptive change to the financial sector that will impact all Commonwealth […]

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