Displaying items by tag: trends

The transformation of the financial system has been accelerating year after year. New technologies, blockchain and web3, among others, caused structural changes in traditional entities such as banks and governments, and in turn allowed the emergence of new companies capable of providing solutions for the new challenges presented by markets and new generations of consumers.

The rise of open banking and open finance, along with financial solutions ecosystems, represent one of the most compelling trends in financial services this decade. Service offerings and coverage are being reoriented, focusing on personalized and easy-to-access experiences, expanding coverage by reaching more customers and making their transactions data-driven.

Latin America is a region that has been accustomed to e-commerce for years, especially in recent years, when both companies and consumers have had to adapt to contactless commerce. Several needs arise from these new purchasing habits: speed, security and simplicity in the consumption processes.

Latin America and the Caribbean (LAC) has been one of the regions hardest hit by the global crises , according to the World Bank.

Why is innovation in insurance so critical to the industry's survival and growth? How are insurance companies responding to emerging challenges and opportunities?