As Brazilian regulators push to create an open banking system to help drive competition and convenience, some market experts are raising red flags on the cybersecurity challenges it will create…
Pressured by competition from big technology companies, banks have revamped their culture and worked on ways to attract valuable IT human capital with a more informal and diverse background. As…
As artificial intelligence advances at a rapid clip, a growing number of financial institutions are beginning to use the technology, even as some warn of potential security and ethical risks.…
Financial industry publisher Jim Marous calls for rethinking banking culture to embrace technology and serve customers in a way big tech alternatives are already doing. Marous has long flagged the need…
Banco Central de la República Argentina is increasingly betting on private fintech initiatives to help foster financial inclusion in the country, though several barriers remain, according to a report obtained…
Open banking regulation in Brazil should make the relationship between banks and financial technology companies even closer, Banco Bradesco SA CEO Octavio de Lazari said at a conference in São Paulo, Brazil.…
Financial markets increasingly expect Brazil’s benchmark Selic interest rate to hit new record lows this year as economic growth forecasts for the country have become continuously less impressive. In the…
MercadoPago CEO Osvaldo Giménez sees significant opportunities for electronic payments growth in Latin America, where about half of the population is underbanked. Giménez doesn’t believe that Mexico’s CoDi system is the best way…