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DTSTAMP:20260417T021424Z
DTSTART:20220502T191500Z
DTEND:20220502T203000Z
SUMMARY:Breakout session 1: The emergence of Fintechs in Latin America: c
 ompetition\, financial inclusion and investment opportunities
DESCRIPTION:Much has been said that Fintechs threaten the business of tra
 ditional banking\, but increasingly they seem to be complementary busine
 sses. While they certainly compete\, they also collaborate. \n\nBanking-
 as-a-Service (BaaS) is increasingly becoming an important co-player to t
 raditional banking which has slowly given certain access to Fintechs. Th
 e opening of these new opportunities has helped improve financial servic
 es and bolstered financial inclusion. These new endeavours are also crea
 ting a very active M&amp\;A market in the Banking sector that is being c
 arefully analysed by the antitrust authorities. \n\nRelevant questions a
 re: what are the most relevant regulatory trends in the region to\, on t
 he one hand\, encourage this collaboration or disruption and\, on the ot
 her\, preserve the strength of the traditional financial system?How shou
 ld the regulation evolve? As dealings with cryptocurrencies and Fintechs
  proliferate\, governments are still sorting out the appropriate regulat
 ory response.\n
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