The Future of Fintech in LA: Insights from the Fintech Forum 2024
October 3, 2024

On October 3, 2024, the vibrant nation of El Salvador hosted the highly anticipated FinTech Forum 2024. This year’s event brought together leaders, FinTech associations, innovators, and enthusiasts from across the FinTech landscape to discuss the transformative power of technology in finance.

The event was officially opened by Douglas Pablo Rodríguez Fuentes, President of the Central Reserve Bank of El Salvador, setting the stage for insightful discussions on the future of financial technology.

The FinTech Forum 2024 featured key discussions on cutting-edge topics in financial technology. Sessions covered “Pagos Instantáneos” (Instant Payments) and how real-time transactions can enhance customer loyalty, as well as “Tokenización en Acción” (Tokenization in Action), exploring the impact of tokenization in digital finance.

Other highlights included “Créditos en la Era Digital” (Credits in the Digital Era), addressing challenges in digital lending, and “Bitcoin, Motor para la Inclusión Financiera” (Bitcoin, Engine for Financial Inclusion), which emphasized Bitcoin’s role in expanding access to financial services.

Regional trends were explored in “Evolución de los Ecosistemas Fintech en la Región Latinoamericana” (Evolution of FinTech Ecosystems in Latin America), alongside sessions on inclusive financial services and the rise of Embedded Insurance in FinTech.

José Miguel Zamora, a board member of the Blockchain Association Costa Rica (AsoBlockchain), participated in the forum’s session on the ‘Evolution of FinTech Ecosystems in Latin America.’ Zamora discussed the region’s rapid adoption of FinTech solutions, emphasizing the importance of collaboration between startups, established financial institutions, and regulators to foster a robust FinTech ecosystem. He also highlighted the need for regulatory frameworks that are flexible and aligned with the realities of the sector, ensuring that innovation can thrive while adhering to industry best practices.

Stay tuned for more updates as we continue to follow the developments!