Fintechs tipped to drive next phase of digital banking shift

BDFINTECH

The government, through the Finance Bill 2023, has made a landmark proposition to incentivize startups and transform the fintech space. FILE PHOTO | POOL

Banks and financial technology (Fintechs) firms have been tipped to deepen collaborations as customers continue to disrupt traditional models of banking.

Speakers at the seventh edition of Connected Banking Summit themed Accelerating Digital Inclusion and Sustainable Transformation said banks and fintechs will increasingly become collaborators as opposed to competitors to build digital banks.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.