Fintech is triggering a monumental shift in the payments space, bringing new capabilities that are enhancing the transaction experience and fuelling client expectations for better, faster and more innovative solutions. Yet, while fintech start-ups have been able to make a mark in the retail business, successfully launching innovative solutions on the corporate side – where transactions are generally far more complex and necessitate higher levels of regulation and security – is a completely different situation.
In America Economia, Diego Ortellado, BNY Mellon Treasury Services’ Head of Sales and Relationship Management for South America, writes how, Latin American banks can play a key role in driving technological change in corporate payments by collaborating with fintech companies – helping to ensure not only that they remain at the hub of the payments business but also that they are able to profit from the rich rewards offered by digitalization.
To read the full article, please click here. Please note this article is in Spanish.