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The South African Reserve Bank (SARB) is considering the possibility of introducing regulations for the fintech sector in the country. At present, they are particularly

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The South African Reserve Bank (SARB) is considering the possibility of introducing regulations for the fintech sector in the country. At present, they are particularly worried about neobanks, and have asked for commentary from the public. a. Briefly discuss what a neobank is, and how it may differ from a conventional bank (6 marks) b. regulated or not ( 4 marks)

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