The currency redesign in Nigeria is a policy decision that went into effect weeks before the presidential election that takes place on Feb. 25. Nigerians were told to turn in their old banknotes for new ones, but now, they are struggling to procure the new cash.
The banking industry is always looking for ways to innovate their products and services. Sen. Chuck Schumer’s slipping in of a provision into a patent bill that would benefit the banking industry could help the industry out. Louise Story joins us.