Thoughts from our CEO at the panel “#Fintech and Digital Banking, for financial inclusion” of Montevideo Fintech

July 1, 2019
Posted in Events
July 1, 2019 Inswitch

On Thursday 27 June, our CEO Amilcar Perea took part in the panel on #Fintech and Online Banking for financial inclusion at the “Montevideo Fintech Forum”. Other guest speakers Florencia Lopez (Asesoría Macroeconómica & Financiera), Alberto Mello (Deputy CEO de HBSC Uruguay), Jorge Xavier (Decano de la Facultad de Ciencias Económicas y Administración) and Juan Fernández (Consejo Central AEBU). The moderator of the panel was Fabián Tiscornia (Editor Economía & Negocios Editor of El País).

Our CEO explained that, in the recent years, the nature of the relationship between banking and Fintechs evolved to a “cooperative” and “complementing” one. Fintechs are “an additional instrument” adding “technology” and “experience”, he stated.

In relation to the decrease in the use of cash, he assessed: beyond the development that already exists and that should continue progressing, “we cannot think of a cash blackout”.

About Social Financial Inclusion and the construction of an inclusive and interoperable digital ecosystem, he explained that: the “future” looks “fantastic” with the opportunity to “use the technology for the good, with more freedom, strengthening rights and protecting the people’s data”.

On June 28 the newspaper El País published the news.
To read the full story click here

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