The drive towards a strategic alliance between fintech and banks emerges as the key catalyst for economic growth and financial inclusion in Latin America. With the support of data that reveals notable progress in the adoption of digital solutions, led by fintech, the region is preparing to take a significant leap towards an interconnected and collaborative regional financial ecosystem.
Between January and March of this year, the flow of remittances had an annual growth of 1%; However, it is the lowest observed for a similar period since the drop observed in 2013.
After four years without issuing in international markets, this new issue obtained an oversubscription of 4.3 times, with a historical record of spread against the sovereign.
Even so, the Aztec country remained the first partner of its northern neighbor in merchandise trade, with a share of 15.8%, followed by Canada and China.
As explained by Juan Carlos Mora, president of this business group, the operation of this platform will be intermediated by a crypto asset that they created and which they called COPW.
The first two projects of this collaboration will focus on improving the current pit wall system, a key source of information for racing teams, and enriching the mobile application experience for fans.
Among the benefits to be obtained with the requested resources are: covering unmet demand, shorter waiting time for users to obtain a flight in high season, competitive prices, greater range on routes, greater options for fast and efficient transportation, and generation of employment.
A study conducted at the University of Chile revealed that the stock market tends to pay around 7% more for companies that do not have the label.
The result of the Monthly Index of Economic Activity (Imacec) was explained by the increase in mining and other goods, offset by the falls in commerce and industry.
The participation of phytosanitary authorities is proposed to better understand options so that products that are already considered can enter the Asian giant.
According to a report from the remittance fintech Global66, sending money from the Andean country increased by 126% compared to the same period last year; The main markets being Colombia, Chile and Spain.
"The idea is that the universal pension continues to increase to guarantee the basics, food, for example, that the purpose we have is achieved, in that we are going to make a lot of progress," said Andrés Manuel López Obrador within the framework of Labor Day. .
The Minister of Labor, Daniel Maurate, explained that this measure will depend on the recovery of the economy.
The results are mainly explained by the increase in the gross leasable area by more than 20,000 square meters and by its high occupancy rate of 98.3%. The holding company 's real estate subsidiary is embarking on a process of expanding its shopping centers in Chile and Peru.
The four main issues that will influence credit quality are: higher interest rates sustained over time, reforms and regulations, adaptation to structural changes and polarization.
BBVA confirmed in a communication sent to the CNMV and the BMV that it sent Sabadell a formal letter with its interest in starting negotiations to explore a merger between both financial entities.
In a space of five years, the Andean country could export poultry, pork and beef for US$3 billion.
The super app of Colombian origin has made positive numbers for the first time since it landed in the South American nation, in 2018. The implementation of the Turbo service and multi-verticality have been key in the process.
Two out of three investors showed a favorable level of expectation towards raw materials, which corresponds to an increase of 30 pp compared to the previous quarter.
The industrial sector concentrated on secondary activity registered a second consecutive quarter of contraction, according to Inegi.
The Chilean user experience firm is looking to expand into the North American market and, to that end, has gone out to seduce investors. The CX sector is well worth it, with an expected growth of 15% annually, driven by technologies such as AI.
This will allow power outages for the next few days to be just two hours, and on Friday there are expected to be no interruptions.
As reported by the company, sales grew by 16.4% year-on-year in the first quarter, reaching a turnover of US$ 1,265 million.
The Executive Council of Global Companies (CEEG) asked President Andrés Manuel López Obrador to analyze the opinions of experts and civil associations on the negative impact.
The sectors that contributed to the increase in the employed population were commerce (5.1%), public administration (6.8%) and households as employers (12.5%).
After years of delay, Pemex finally showed signs of greater dynamism towards meeting its ambitious transformation goals, which ultimately aim to process domestically all the oil it produces. The oil company reduced its exports volume by 29.3% to a low of 687,814 barrels per day.
Crowdfunding companies regulated by the Fintech Law in Mexico need to comply with a series of requirements that protect those who invest in their projects, for which they require strategic allies of payment technologies such as Bitso.
The construction of the residential rental building in Parque Arauco Kennedy is part of the third stage of expansion of the shopping center and will represent an investment of approximately US$60 million.
In November 2019, the two companies originally announced the start of this wholesale agreement on the use of cellular networks.
In partnership with Delonorte and Premium Restaurants of America , the company will open stores in Quito, Ecuador and San Pedro Sula, Honduras, respectively.
The Peruvian Minister of Economy says that assembly plants would operate in the special economic zone to supply Latin America.
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