Arezki, Rabah; Senbet, Lemma W. - 2020
. Third, the paper explores the impact of technology on financial development, with particular attention to prospects for the … development of fintechs. Entrenched incumbency of banks has limited the role of non-bank operators in fostering market … contestability and fintech development. The paper is a call to the authorities and policy makers in the Middle East and North Africa …