SMB

Latin America and the Caribbean is undergoing a significant transformation in the financial landscape, driven by the adoption of open finance, artificial intelligence (AI), and open banking. The adoption of these technologies are reshaping the operations of businesses, financial institutions and fintechs, modernizing internal infrastructures, and providing data-driven personalized offerings at reduced costs.

Open finance refers to the concept of making financial data and services more accessible and transparent through the use of technology and open APIs. In the context of Colombia, open finance has the potential to revolutionize the financial sector by enabling greater competition, innovation, and financial inclusion .

The world of small and medium-sized business (SMB) payments is undergoing a digital makeover, fueled by innovative fintech startups. This article dives into the exciting developments in the US and Colombia, where these companies are making waves with solutions that streamline processes, slash costs, and boost security.

Fintech Startups Finally Secure Funding to Revolutionize SMB Payments