AMI – Bitfinance https://bitfinance.news Fintech & new economy info Fri, 03 Jun 2022 11:15:49 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.1 https://bitfinance.news/wp-content/uploads/2025/01/favicon-64.png AMI – Bitfinance https://bitfinance.news 32 32 Latin Americans increase their confidence in the crypto ecosystem https://bitfinance.news/en/latin-americans-increase-their-confidence-in-the-crypto-ecosystem/ Sun, 05 Jun 2022 18:00:42 +0000 https://bitfinance.news/?p=81787 A report published by AMI revealed the rise of Latin Americans in the crypto ecosystem. 18% of the population is interested in buying cryptocurrencies

Americas Market Intelligence (AMI) published a report on the study regarding the state of cryptocurrencies in Latin America, which revealed a significant increase in the cryptographic system and identified that 18 % of the population shows interest in buying cryptocurrencies. In the AMI study, it states that the adoption of cryptos will continue to grow […]

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]]> A report published by AMI revealed the rise of Latin Americans in the crypto ecosystem. 18% of the population is interested in buying cryptocurrencies

Americas Market Intelligence (AMI) published a report on the study regarding the state of cryptocurrencies in Latin America, which revealed a significant increase in the cryptographic system and identified that 18 % of the population shows interest in buying cryptocurrencies.

In the AMI study, it states that the adoption of cryptos will continue to grow at a good pace during 2022, in a territory where there are great advantages to develop the “world of cross-border payments and crypto credit cards.”

On the other hand, the report also highlights that 8 % of the people interviewed confirmed that they have digital currencies, while in Argentina the figure rises to 12 % as a result of the inflationary process that the country has been going through for 2 years.

The market intelligence specialist company for Latin America admits that cryptocurrencies will continue to experience a volatile characteristic “and this could discourage some and could attract others”. However, 54 % of the “crypto-curious” interviewed for the study consider “savings protection as a key benefit of cryptocurrencies.”

Launch of crypto cards

The study also revealed that most cases of crypto adoption will come from private investors who will be waiting to “take advantage of the current low prices of crypto assets with the confidence that they will shoot ‘to the moon’ in the not too distant future.”

The company executing the investigation stated that “exchanges, in order not to lose relevance and remain at the center of the ecosystem, will launch card programs that will offer their clients’ money returns in BTC” and those investments will focus on Bitcoin and Ether.

According to the investigation, 2022 will be the year of the launch of crypto cards, forcing exchanges to develop programs and campaigns on these financial instruments to stay competitive in the market.

M. Rodríguez

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Source: cripto247.com

La entrada Latin Americans increase their confidence in the crypto ecosystem apareció primero en Bitfinance.

]]> Neo banks and fintech attract the young population https://bitfinance.news/en/neo-banks-and-fintech-attract-the-young-population/ Tue, 05 Apr 2022 19:00:03 +0000 https://bitfinance.news/?p=78636 75% of young people between 18 and 21 years old consider that Neo banks and fintech offer more attractive financial services than traditional banking

A study carried out by Backbase, a banking platform, and Americas Market Intelligence (AMI), revealed that 75 % of young people between 18 and 21 years old consider that neo-banks and fintech offer more attractive services for the young population than traditional banks in Latin America. Mijael Feldman, executive director of Getxerpa, highlighted that with […]

La entrada Neo banks and fintech attract the young population apareció primero en Bitfinance.

]]> 75% of young people between 18 and 21 years old consider that Neo banks and fintech offer more attractive financial services than traditional banking

A study carried out by Backbase, a banking platform, and Americas Market Intelligence (AMI), revealed that 75 % of young people between 18 and 21 years old consider that neo-banks and fintech offer more attractive services for the young population than traditional banks in Latin America.

Mijael Feldman, executive director of Getxerpa, highlighted that with the emergence of fintech companies, competition and user demands for personalized services increased, where products are offered according to the profiles and preferences of each client. That is why “banks have to jump on the digitization bandwagon, with differentiated proposals.”

With the Application Programming Interface (APIs), or application programming interface, financial institutions are able to integrate user data and structure service offers according to their preferences and needs and thus improve services.

In Latin America, the law requires, in article 76 of the Fintech Law, more than 2,200 financial entities, fintech and even the Credit Bureau to provide information through APIS, which is classified into three types: open financial data, aggregates and transactional.

Opportunities for the financial sector

The traditional financial sector in Latin America has great opportunities beyond offering services digitally”. According to the information provided by Finerio Connect, 68 % of Mexican companies predict that open banking will promote the growth of the financial sector, 65 % that it will create greater competition and 92 % of the companies surveyed observe that associations with open banking providers banking will be successful.

The director of operations for the Americas of BPC, Mauricio Fernández, considers that the role of the user of open banking must be actively responsible. “The client is the owner of his data.”

While the users of the banking system want to have access to additional services. According to Backbase, “65 % of respondents want products that help consolidate savings and optimize finances and 72 % expect to use loyalty points or receive discounts when shopping online.”

For Mijael Feldman, banking must be digitized and it is not just moving services to the cloud. It is necessary to provide new digital channels for its users, as well as new products.

M. Rodríguez

Source: eleconomista.com.mx

La entrada Neo banks and fintech attract the young population apareció primero en Bitfinance.

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