Impact of Technology on Financial Services

Authors

Usoro Usoro, MoMo PSB, Lagos, Nigeria

Publisher

Central Bank of Nigeria

Keywords

Technology, Financial Services

Abstract

This paper reviews seven emerging technologies that are shaping the future of financial services across the globe, their impact on financial services, and the implication for regulation. The seven technologies are: Mobile Connectivity; Artificial Intelligence; Decentralised Ledger; Open Source; Hyper Automation; Cloud Computing; and No Code Development Platforms.

Author Bio

Usoro Usoro is the MD/CEO MoMo PSB, Lagos, Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

60

First Page

79

Last Page

96

Recommended Citation

Usoro, Usoro (2022). Impact of Technology on Financial Services. CBN Economic and Financial Review, 60(4). 79 - 96.