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Financial transactions easier with fintech, but there are obstacles, says expert

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RIYADH: Financial transactions have been made easier by rapid and accelerating growth in technologies, but there are still obstacles to overcome, said Nabil Koshak, CEO of the Saudi Venture Capital Company.

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“Investors should fund the development of technologies that help fight these obstacles and crimes,” said Koshak, a panelist at the Arab Forum of Anti-Corruption Agencies and Financial Intelligence Units on its second day on Thursday in Riyadh.

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