Home Africa Ugandan Fintechs urged to embrace Artificial Intelligence, blockchain 

Ugandan Fintechs urged to embrace Artificial Intelligence, blockchain 

Ugandan Fintechs urged to embrace Artificial Intelligence, blockchain 

Rédaction Africa Links 24 with Uganda Monitor
Published on 2024-07-03 13:23:44

Financial technology companies (Fintechs) operating in Uganda have been urged to harness the power of emerging technologies such as Artificial Intelligence (AI) and blockchain to enhance financial inclusion.

The Deputy Director of the Department of National Payment Systems at Bank of Uganda (BoU), Mr James Ivan Ssentimba, said while Fintechs have already demonstrated their capacity to promote financial inclusion by enabling micro, small, and medium enterprises (MSMEs) access to several services, more needs to be done.

“According to the FinScope Uganda survey of 2023, financial…

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