March 23, 2018
Jorge Ruiz, the CEO of Above and Beyond Tech, the company behind FINCONECTA, a program with the IDB to integrate fintechs and financial institutions, discusses how regulations can make banking easier in Latin America
There is little doubt that Latin America is a burgeoning land of opportunity. From its rich culture to its present-day businesses, the region is well on its way to becoming a major world-influencer. Getting there, though, relies on the strength of the regional economy, and financial technology firms, or fintechs, are proving to be key players. However, most countries are still facing a regulatory limbo, and slow decision making has impeded progress. That said, 2018 is expected to be a historic y