UAE Central Bank’s COVID-19 package supports economy – Gulf Today

UAE Central Bank’s COVID-19 package supports economy – Gulf Today

What's also significant is that, in recent years, a greater proportion of these funds have been transferred through exchange houses and Fintech solutions, as compared to traditional banking channels".. Ahmadu underscores the advantages of using technology to plug the gap in financial inclusion, citing his experience in the African market.. The rapid urbanization of our world in recent years has given countless millions a better quality of life.. If we are to safeguard these gains, there can be no more effective, rapid and affordable way to secure low income earners against the aftermath of the current pandemic, than by enhancing their financial inclusion with the use of breakthrough Fintech solutions", Ahmadu concluded..