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• Press release ICT Regional

  IFC Launches New DigiLab Phase

  11/14/18

  Press release by the IFC Bogotá, Colombia, November 14, 2018 - IFC, a member of the World Bank Group, today announced a new DigiLab phase for Latin America and the Caribbean, a training program that encourages financial...

  
  
• News ICT Chile

  Chile, Israel sign telecoms, cybersecurity cooperation deal

  11/13/18

  Telecommunications authorities from Chile and Israel have signed an agreement to cooperate in different areas of ICT including cybersecurity, spectrum management, IoT and big data. The agreement was signed in Israeli capital Tel...

  
  
• News ICT Brazil

  Brazil financial system transformation led by smartphones

  11/8/18

  The use of smartphones and PDAs for transactions in the Brazilian financial system is expanding rapidly and opening up room for the inclusion of more people in the formal system. Currently, 66% of all financial transactions are...

  
  
• News ICT Peru,Regional

  VC funds could soon tap into Peru start-up potential

  11/7/18

  Venture capital funds from the US and Asia could target start-ups in Peru in the near term, according to a local expert. Local investors and Latin American venture capital funds have been investing in Peruvian firms and now US and...

  
  
• Q&A ICT Regional

  Eugene Kaspersky: "We work with governments, not for them", Eugene Kaspersky, CEO, Kaspersky Lab

  11/7/18

  Russian cyber security firm Kaspersky Lab has seen its products banned in the United States due to suspicions from the US government that the company is in cahoots with the Kremlin. While founder and CEO Eugene Kaspersky worked for...

  
  
• News ICT Regional

  The promise of Artificial Intelligence in the banking industry

  10/31/18

  By René Dufrene, GM of Finance Industry Solutions, AT&T From business innovations and media headlines to TV and movies, it seems that artificial intelligence (AI) is virtually everywhere. While still in its early stages across...

  
  
• News ICT Brazil

  Brazil Fintech: Govt makes investing easier for foreigners

  10/30/18

  Brazil's government published a decree making it easier for foreign firms to invest in Brazilian fintechs that offer loans. "Fintechs will no longer need a presidential decree when they have a foreign investor as a shareholder. The ...

  
  
• Q&A ICT Chile

  How to shape the economy of the future, Julio Pertuzé, Head of the Economy of the Future, Economy ministry of Chile

  10/30/18

  Modernizing the state was a key election promise of Chile's President Sebastián Piñera, who as part of a five-point plan has vowed to eliminate the use of paper in public institutions by 2025, modernize regulation and improve...

  
  
• News ICT Argentina,Brazil,...

  ICT: The week in 10 stories

  10/26/18

  PARAGUAY New ICT minister Alejandro Peralta says he aims to connect 5,000 schools to high speed internet before the end of the current five-year presidential term in 2023. Peralta was sworn in on Wednesday after President Mario...

  
  
• News ICT Mexico

  AXA Mexico hit by cyberattack, triggering financial system alert

  10/24/18

  Mexican insurer AXA said late Tuesday it had suffered a cyberattack, adding in a statement that client data had been fully protected. The incident triggered a red alert from banking authorities overnight, calling on financial...

  
  
• News ICT Brazil

  Google, Visa double down on Brazil startups

  10/23/18

  Google and Visa are upping investments in Brazilian startups and technology companies. The internet giant announced a new push for its Google for Entrepreneurs program, which will now be dubbed Google for Startups, coupled with the ...

  
  
• News ICT Brazil

  Software firm Linx launches Brazil fintech

  10/19/18

  Brazil's biggest retail-focused software company Linx launched a fintech to compete in the fast-growing payments market. The new subsidiary is called Linx Pay Meios de Pagamento. With 30 years in the market, Linx said it would...

  
  
• News ICT Brazil

  Banco ABC hires digital expert to lead transformation

  10/10/18

  Small lender Banco ABC Brasil has hired Marco Mastroeni to expand its digital footprint. Mastroeni has left his post as director of digital operations at state-run giant Banco do Brasil, a person close to the bank told BNamericas. ...

  
  
• News ICT Brazil

  Brazil Fintech: China's Tencent buys stake in Nubank

  10/9/18

  Chinese tech company Tencent has acquired a stake in Brazilian digital lender Nubank. Tencent will pay US$180mn for a 5% stake in Nubank, according to Brazilian daily O Estado de S. Paulo, which did not say where it obtained the...

  
  
• News ICT Chile,Mexico,...

  LatAm's No. 1 crowdlending platform plans further forays

  10/5/18

  Latin America's biggest crowdlending platform is seeking a larger slice of the region's SME financing pie. Chile's Cumplo, which recently expanded into Mexico and plans to make further forays, wants to be handling US$1bn in loans...

  
  
• Feature ICT Chile,Colombia,...

  Sound of the future

  9/28/18

  Financial institutions are leveraging technology to slash costs and boost revenue - but also to improve the client experience as part of customer loyalty efforts. A major focus is AI. Banks in the region have already deployed bots...

  
  
• News ICT Chile,Mexico,...

  Cyberattacks cost LatAm banks US$800mn in 2017

  9/26/18

  At least 37% of all banks in Latin America and the Caribbean were subject to successful cyberattacks last year and most of the region's financial institutions (61%) spend less than one percent of their yearly Ebitda on digital...

  
  
• News ICT Chile

  Chilean, Israeli authorities to collaborate on cyber security

  9/24/18

  Authorities from Chile's telecoms regulator Subtel will travel to Israel in November to learn more about how the Middle Eastern country protects critical infrastructure from cyberattacks. The announcement was made during a seminar...

  
  
• News ICT Brazil

  Brazil probes anticompetitive practices by banks against crypto brokers

  9/19/18

  Brazil's antitrust agency CADE has opened an investigation into alleged irregular practices by local banks against cryptocurrency brokers. The investigation was opened after local cryptocurrency and blockchain association ABCB...

  
  
• News ICT Mexico

  CNBV chief expresses concerns over 'big tech' incursion

  9/17/18

  With Mexico's trailblazing regulatory framework law for the fintech industry and recently added secondary legislation now on the books, Bernardo González Rosas, the president of Mexico's financial sector regulator (CNBV), hailed the...