Half of Latin American banks are using innovative tech for cybersecurity. Here are the emerging technologies that they are using
The Organization of American States asked Latin American banks what technological resources they are using to fight cyber crime. Half of respondents said they use innovative technologies for cybersecurity. Data analytics and machine learning tools are the most popular in the region when it comes to emerging technology for cybersecurity – more than a quarter of the region’s banks make use of these capabilities.
Here’s a breakdown of their responses. You can read more about this data here.
Bank tech priorities in Colombia, Ecuador, Paraguay and Peru
Colombian banks increasingly say that a lack of financial data limits their lending
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IN PICTURES: Borrowing vs deposit rates at LatAm banks
A 1-minute tour of the state of fintech regulation in Latin America
Should big tech be financially regulated?
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Can I bring you dinner?
Which bank is tapping its POS network and building APIs to offer a delivery service that it hopes will boost client loyalty?
New challenger bank
A new Brazilian challenger bank called C6 Bank is close to launching. It’s billing itself as the #NextBigFin. The bank is backed by the chairman of which traditional bank?
Mexican banks are starting to use artificial intelligence tools. What’s the main application of the technology currently in Mexican banks?
What’s the biggest digital threat to traditional banks today?
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- Cybersecurity, automation, digital channels: Bank tech priorities
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- CHART: Lack of financial data limits Colombian bank lending
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