INTERVIEW: COVID-19 speeds up digital payment services in Latin America

INTERVIEW: COVID-19 speeds up digital payment services in Latin America

Capital Markets Corporate & Sovereign Strategy Economy & Policy Regulation Latin America

Flows of funds between Latin America and the rest of the world are returning to normal levels after a sharp drop-off as COVID-19 spread across the region, but the pandemic has precipitated a permanent change by speeding up the digitalization process, Dino Sani, head of treasury services for Latin America at BNY Mellon, told LatinFinance. "BNY Mellon was already in this journey toward digitalization before COVID-19 hit the region, but COVID-19 accelerated the process," Sani said. "And there's a d

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