×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Regulation of fintech must promote stability and innovation

Regulators should be trained to understand and manage complex fintech innovations, ensuring that oversight keeps pace with technological progress. [iStockphoto]

East Africa has long been celebrated as a beacon of innovation in the global fintech landscape.

The region's ascent has been driven by the same key disruptions reshaping the financial services industry worldwide such as the use of alternative data, peer-to-peer transactions and the rise of non-traditional financial players.

Get Full Access for Ksh99/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
By AFP 56 mins ago
Football
Togolese international footballer set to play again after breaking neck
Athletics
Kenya's Esther Gitahi handed four-year ban after positive EPO test
Football
Naibois to bank at least Sh51 million after CAF Confederation Cup qualification
Sports
Braeburn, USIU-A Dolphins rule Level One gala