Big tech and banking in Latin America: Increasingly, large digital platforms are moving into financial services.
The threats to banks’ business models seem clear: large, ubiquitous platforms have a large portion of “mind share” and they are increasingly leveraging that to gain territory in lucrative areas of financial services.
But there are opportunities here, too.
Despite scandals and breaches, banks still have trust among users. They have extensive financial infrastructure and masses of data.
This book, the result of extensive research with industry professionals, aims to help executives at banks in Latin America understand the dynamic relationship between big tech and banking today, get a handle on how the relationship will evolve in the years ahead, and develop strategies to respond.
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