Análisis comparativo de la evolución e impacto en la banca de las Fintech en México y Colombia

Abstract

Technological advances have brought changes to different industries around the world, and the financial sector has not been immune, as new companies have emerged that provide financial services using technology and innovation. These companies are known as fintech and have been "spreading" around the world. In Latin America they have proven to be attractive and have come to cover sectors where there are low levels of banking penetration. Mexico and Colombia are two of the most important countries in the development of fintechs under different conditions of regulation, banking penetration and investors. In both cases there is evidence of an impact on traditional banks, motivating them to make digital transformations to avoid being at a disadvantage, but there is a need for more serious regulation in Colombia to generate the necessary confidence for investors and customers, as in the case of Mexico.