{"id":29685,"date":"2022-09-17T16:38:17","date_gmt":"2022-09-17T16:38:17","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start"},"modified":"2022-09-17T16:44:11","modified_gmt":"2022-09-17T16:44:11","slug":"namfisa-fintech-square-in-flying-start","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start","title":{"rendered":"Namfisa FinTech Square in flying start"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Namibia. <\/strong><\/span>THE Namibia Financial Institutions Supervisory Authority (Namfisa) has held engagement sessions with innovators it selected after the launch of its FinTech Square last month.<\/p>\n<p>THE Namibia Financial Institutions Supervisory Authority (Namfisa) has held engagement sessions with innovators it selected after the launch of its FinTech Square last month.<\/p>\n<p>This involved discussions, through the FinTech Square 2022, between Namfisa and innovators regarding emerging financial technology solutions and innovative concepts in the non-bank financial institutions (NBFIs) sector.<\/p>\n<p>FinTech Square 2022 formed part of Namfisa&#8217;s plan to gauge financial technology advancements and innovators&#8217; needs in the NBFIs sector in anticipation of the Namfisa Regulatory Sandbox, which is planned to commence soon.<\/p>\n<p>\u201cThe Namfisa Regulatory Sandbox will be a controlled environment to allow selected entities to conduct live tests of innovative products, services or solutions under Namfisa&#8217;s supervision,\u201d said a statement from the authority.<\/p>\n<p>Namfisa received applications from interested innovators countrywide, as well as internationally based Namibian innovators and believes financial technology innovators highly value this initiative as they try to navigate the changing economic landscape, which is moving towards digitisation and technological advancement.<\/p>\n<p>Innovative concepts were explored, mostly in enhancing efficiencies and promoting access to financial services for all Namibians.<\/p>\n<p>The innovative concepts include creating digital platforms to facilitate the provision of loans to consumers, provide investment platforms for consumers, and enhance the \u201cknow your customer\u201d initiatives.<\/p>\n<p>According to Namfisa, the FinTech Square initiative will be an annual event to promote and support collaboration with the ultimate objective to proactively navigate the rapidly changing landscape of innovation and financial technology.<\/p>\n<p>This involved discussions, through the FinTech Square 2022, between Namfisa and innovators regarding emerging financial technology solutions and innovative concepts in the non-bank financial institutions (NBFIs) sector.<\/p>\n<p>FinTech Square 2022 formed part of Namfisa&#8217;s plan to gauge financial technology advancements and innovators&#8217; needs in the NBFIs sector in anticipation of the Namfisa Regulatory Sandbox, which is planned to commence soon.<\/p>\n<p>\u201cThe Namfisa Regulatory Sandbox will be a controlled environment to allow selected entities to conduct live tests of innovative products, services or solutions under Namfisa&#8217;s supervision,\u201d said a statement from the authority.<\/p>\n<p>Namfisa received applications from interested innovators countrywide, as well as internationally based Namibian innovators and believes financial technology innovators highly value this initiative as they try to navigate the changing economic landscape, which is moving towards digitisation and technological advancement.<\/p>\n<p>Innovative concepts were explored, mostly in enhancing efficiencies and promoting access to financial services for all Namibians.<\/p>\n<p>The innovative concepts include creating digital platforms to facilitate the provision of loans to consumers, provide investment platforms for consumers, and enhance the \u201cknow your customer\u201d initiatives.<\/p>\n<p>According to Namfisa, the FinTech Square initiative will be an annual event to promote and support collaboration with the ultimate objective to proactively navigate the rapidly changing landscape of innovation and financial technology.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/namibia\">Namibia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Namibia. THE Namibia Financial Institutions Supervisory Authority (Namfisa) has held engagement sessions with innovators it selected after the launch of its FinTech Square last month. THE Namibia Financial Institutions Supervisory Authority (Namfisa) has held engagement sessions with innovators it selected after the launch of its FinTech Square last month. This involved discussions, through [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":29684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-29685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Namfisa FinTech Square in flying start - Namibia<\/title>\n<meta name=\"description\" content=\"THE Namibia Financial Institutions Supervisory Authority (Namfisa) has held engagement sessions with innovators it selec ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namfisa FinTech Square in flying start\" \/>\n<meta property=\"og:description\" content=\"THE Namibia Financial Institutions Supervisory Authority (Namfisa) has held engagement sessions with innovators it selec ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-17T16:38:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-17T16:44:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/09\/postQueueImg_6-6325f937ede14.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Namfisa FinTech Square in flying start\",\"datePublished\":\"2022-09-17T16:38:17+00:00\",\"dateModified\":\"2022-09-17T16:44:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start\"},\"wordCount\":484,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/09\/postQueueImg_6-6325f937ede14.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namfisa-fintech-square-in-flying-start\",\"name\":\"Namfisa FinTech Square in flying start - 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