Tag: banks
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Africa’s banks lag behind on innovation in financial services
Regulators stifle development by failing to understand changing sector African central banks are stifling development by failing to keep up with financial services innovation, according to the head of a UN economic agency and industry executives. Mukhisa Kituyi, secretary-general of the UN Conference on Trade and Development, said regulators did not have “adequate understanding . . . of the…
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Innovation: are you delaying the inevitable?
My three-year-old son is constantly teaching me things. Things I should know, like the difference between a Triceratops and a Centrosaurus, and things I thought I knew but didn’t, like how good children’s hearing is (even when you think you’re eating chocolate more quietly than you ever have before.) But I didn’t expect him to teach…