These trends were also seen in fintech employment in these economies. Fintechs in countries with more lockdown restrictions reported an average of 10% increase in full-time employees, while fintechs in economies with fewer lockdown restrictions actually saw their full-time staff decrease by 19%.
The government of Suriname has announced an economic stimulus and support package to mitigate the effects of the Coronavirus COVID-19 Pandemic in the South American country.
On April 19 the World Bank revised its forecast from earlier in the month, which had predicted that Trinidad &Tobago would slip into a recession. In a press release, the international lender said the twin-island nation was expected to post real ...
Critical Factors to Consider Before Selecting a Nearshore Location, Part 7: Connectivity and Infrastructure
“You can probably get the bandwidth you need anywhere almost. It’s just a question of how much it’s going to cost.”
"We’re talking about U.S. companies,” says Sebastian Menutti of Frost & Sullivan. “So high proficiency in English is a requirement.”
“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 the TTIFC whitepaper “7 Critical Factors to Consider Before Selecting a Location in the Booming Nearshore Market.” In the weeks to come, we will publish more sections in an ongoing series that will further ...
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.
Ahead of the Pack: How Trinidad and Tobago Outpaces Nearshore Competitors in Key Site Selection Criteria
A country that wasn’t on the radar for most multinationals a decade ago is now moving to the front of the pack.
Banks must be proactive if they hope to survive in a world where fintech startups can offer the same services at a fraction of the speed and cost.
The global landscape for service delivery, whether Business Process Outsourcing (BPO) or in-house shared services is never static. Global executives in the process of short-listing locations are unwise to simply return to the default choices of a decade ago. Things ...