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Fintech Disruptions in Financial Services Assignment Answers

QUESTION ONE [40] Authorities are eager to foster the benefits of digital transformation, but they are also mindful of various challenges that emerge as digital transformation continues to permeate market activities. Fintech can promote poverty alleviation and economic growth by enhancing financial efficiency, inclusion, competition, and innovation; however, these benefits must be carefully weighed against challenges and risks such as those described in chapter 3. […]

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