Share unwilling to adopt fintech solutions MENA 2020, by reason

Published by
Amna Puri-Mirza,
Feb 15, 2022
According to a survey on the financial technology sector in the Middle East and North Africa (MENA) region in 2020, the largest share of respondents of 40 percent were unwilling to adopt fintech solutions due to concerns about the security of their personal data. Although financial technologies are crucial players of the region's emerging ecosystem, they have to be deployed by banks as their strategic partners.

Share of customers unwilling to adopt financial technology solutions in the Middle East and North Africa region in 2020, by reason

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Release date

June 2020

Region

MENA

Survey time period

2020

Number of respondents

1,500 respondents

Age group

20-50

Special properties

Respondents were 1,500 banking customers and 50 digital leaders in the Middle East.

Method of interview

Face-to-face interview

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