How technology is set to change the financial sector in East Africa.
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Date
2017-11-14
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New Vision
Abstract
Technology now drives payment systems, saving, borrowing, risk management and financial advisory services. Though the application of advanced algorithms to big data, for example, Artificial Intelligence has been used to derive patterns that predict behaviour and prices, Mimicking human judgement to provide automated decisions on trading, credit approval, regulatory compliance and fraud detection, among others.
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Abuka, C. A.(2017). How technology is set to change the financial sector in East Africa. New Vision.