Categoria propia: Lending
PayPal’s Mexico move shows banks’ regulatory strength
Financial institutions say their risk and compliance capacities hold some of their best defenses against the growing competitive threat from big tech. PayPal’s step back from financial services in Mexico highlights the relevance….
As big techs gain territory, banks warily seek partnerships
In Latin America, big tech and banking are increasingly overlapping. As the divisions between banking and technology blur, the two sides are teaming up – but also competing against each other….
Brazilians rush to digital banking options
Santander, Bradesco and Itaú have posted double-digit growth in their numbers of digital customers as innovation investment pays off…
Language barrier hurts LatAm fintechs in global competition
Celcoin and 4ToldFintech win Inclusive Fintech 50 competition, but dozens of other LatAm applicants fell short because of poor English skills, say judges…
PR’s Popular sharpens digital focus
The digital lending arm of Puerto Rico’s biggest bank says focusing on just one high-potential market and fine tuning the customer experience has fueled growth…
Old infrastructure, new services create fresh bank cybersecurity risks
As old infrastructure meets new technology and services, banks are facing a fresh range of cybersecurity challenges. Argentina’s banks are turning to new authentication strategies in response…
Colombia moves on bank risk regulation, fintech licensing
Colombian fintech regulation is changing to allow for new technology and data in KYC/AML processes, as well as a new licensing system for fintech startups, Jorge Castaño, head of the country’s financial regulator, says…
Debt financing options grow for LatAm fintech lenders
Digital lending startups set to get cheaper, easier funding as investors look at new asset classes…
Mexican fintechs plan last-minute license requests
Financial technology companies are advancing with authorization requirements under Mexico’s Fintech Law, but will wait until strictly necessary to apply, says industry association…
Citibanamex innovation: A work in progress
iupana speaks with Citibanamex CIO Tiago Spritzer about the bank’s digital strategy, who it is competing with, the limits of blockchain and IoT, how it’s using artificial intelligence – and how it lifted its App store rating from 1.9 to above 4 in a year….