Much of the nearshore is plagued with severe natural disaster risk aside from the largely spared areas of Trinidad and Tobago, Argentina, and Brazil.
"We’re talking about U.S. companies,” says Sebastian Menutti of Frost & Sullivan. “So high proficiency in English is a requirement.”
51% of consumers trust banks when it comes to managing their private data, the highest rate of any industry.
"Advanced automation, AI, and machine learning will help banks provide better services for their customers," says Thrive Inc. founder Kunal Sehgal.
In November, a class of 50 students graduated from the business process outsourcing (BPO) training program of the Trinidad and Tobago International Financial Centre.
“When you’re not India ... then you have to really start prioritizing,” says Johan Gott of AT Kearney. “You really need to think about, ‘How is the niche that we are playing in better than anyone else’s?’”
A nearshore location’s talent pool is second category analyzed in ...
Critical Factors to Consider Before Selecting a Nearshore Location, Part 2: Business and Political Climate
A country's tax code, regulations, and overall bureaucratic hurdles tend to be the top-line items that decision-makers look at.
The benefits of outsourcing to the nearshore have convinced many companies that it’s better to look south than to the east.
Site Selection Specialist John Hall Praises Trinidad and Tobago’s Finance and Accounting Outsourcing Potential
Trinidad and Tobago's talent is the key factor that can help it advance from “where you are today to where you would like be as a country," said Hall.
Colombian authorities believe that Nieto is linked to a large drug-trafficking network that has been operating for more than a decade.
Texas A&M professor Anthony Guiseppi-Elie, Massy CEO Gervase Warner, and climatologist Marilyn N. Raphael highlight the depth of the nation's skills.
Stephen Bagnarol took over as the managing director of Scotiabank Trinidad and Tobago Limited last week.
WePay will continue to operate as a standalone company and receive additional resources from JPMorgan Chase to continue to grow.
TTIFC says this improvement "solidifies T&T's rising international status as a competitive and ideal location for finance and accounting BPO."
This webinar will offer practical tips and real-world guidance on building third-party FAO relationships or migrating to shared services models.
iQor COO Gary Praznik: ”The new facility affirms iQor’s commitment to Trinidad and Tobago as the ideal outsourcing option for the United States domestic market."
The most popular reported use for fintech, with 32% of respondents, has been connecting with online lenders.
As RPA successes add up for insurers, these early wins may be seen as just the first steps on an industry-altering journey.
“Integrating blockchain with SAP and other business applications is inevitably the next frontier for blockchain,” says SophiaTX head Jaroslav Kacina.
"What we are seeing is a tipping point regarding adoption," said Mark Ranta, head of digital banking solutions at ACI Worldwide.
Companies are seeing that RPA saves time and money while reducing errors and creating opportunities. "We see this more as a highway for growth," says Juan Felipe Giraldo of Bancolombia.
The U.K. and Germany remain the fintech leaders in Europe, but the growth of two other markets shows that location is less important than ever.
The Jersey City-based company said in a statement that it expects the transaction to be finalized in the third quarter this year.
"Innovation in lead generation and customer experience is key for businesses in today's ever-changing environment," said Doug Lebda of LendingTree.
2018 will mark a new era for action due to a new EU directive — the Revised Payment Services Directive— that will go into effect in January.
Stripe leads the biggest fintech firms list — and with a $9.2 billion USD valuation is worth more than twice as much as second-place finisher SoFi.
PwC report: “Traditional institutions are transforming themselves at a pace not seen before with greater urgency than in most other markets."
Trinidad and Tobago IFC sees the signing of this MoU as a major part of its strategy to prepare the workforce and generate high-value employment.
Trinidad and Tobago International Financial Centre Introduces Training Program to Expand Financial Sector Talent Pool
"This is a very important step for the Trinidad and Tobago IFC and the participants in the program,” said Shane Kissoon of ACCA Caribbean.
“YellowPepper has the skill set and existing footprint in the region to help us accelerate time to market for our clients," said Allen Cueli of Visa.
"PayPal customers will be able to pay for App Store, Apple Music, iTunes and iBooks purchases across iPhone, iPad and iPod Touch devices using their PayPal account," said the company.
Banco Falabella says its new artificial intelligence technology will drastically cut customer service times through Facebook chat.
“We don't how long the prices will remain this competitive, but at the moment, it's very much a tenant's market," says Jean-Paul de Meillac of Terra Caribbean.
“B2B payments innovation has been fueled by businesses always looking to simplify complexities," said Vicky Bindra of Visa.
"How much technology can we do that replaces people?" said Tom Montag, COO of Bank of America, at a conference this week.
"We use Apple Pay in apps, we use it in the web, and there was one final frontier we wanted to conquer," said Craig Federighi of Apple.
“It is a consortium network, collaborative and useful for all," said Álex Puig, head of Spain's new multi-sector tech platform Red Lyra.
Though Mizuho will only take up to a 15% stake in the new venture, it believes the endeavor will help it innovate outside of the stuffy culture within the bank.
KPMG's new innovation center in New York aims to help serve clients build better technology-based solutions in disruptive sectors.
Uniken's CEO says being selected for the Wells Fargo Startup Accelerator program "is a great validation of our innovation in delivering great security.”
According to the coffee company, today's disruption was related to an internal technology update malfunction — not the global WannaCry cyberattack.
"Cognitive computing has the potential to dramatically simplify digital trust processes throughout the financial services industry," said Ankit Ratan of Signzy.
With Rise London, Barclays hopes to create new fintech-based products and services, experiment with emerging technologies, and spot early trends.
SWIFT's chairman calls the service "a direct response to our community’s request for additional services to complement and strengthen existing fraud controls."
"In two years’ time, we expect this to look like a completely different company,” said Ravi Tewari of Guardian Group.
NICE was recognized with a silver award for its leading "Contact Center Solution" and a bronze honor in the "Business Intelligence Solution" category.
"Devices will recognize the user rather than having to remember an assortment of letters and numbers that are forgotten or could be guessed," said Lloyds.
The award, handed out annually by Celent, aims to honor the best use of technology in different areas critical to success in banking.
"This move clearly demonstrates BHP Billiton's continued commitment to the country and its confidence in the Trinidad and Tobago talent pool," stated the Energy Chamber of Trinidad and Tobago.