Latin American banks are driving digital banking with integrated treasury platforms, open banking, and efficient, client-focused solutions.
Latin American banks are building expansive digital ecosystems, developing intuitive platforms, and enabling direct integration with client treasury systems.
Bancolombia has improved its digital ecosystem for business clients with the Business Connections platform, a user-friendly, flexible, and secure system for managing financial and nonfinancial transactions in multiple currencies. This platform provides a personalized and efficient experience that directly connects with clients’ treasury systems.
Bancolombia’s strategy emphasizes cocreation, actively listening to customers with an eye to continuous improvement and tailoring digital solutions for all company sizes. The bank aims to be a strategic partner in digital transformation, anticipating challenges and supporting client growth and sustainability through purpose-driven innovation, generating lasting relationships and long-term sustainable value.
Banco de Credito e Inversiones’ (Bci) 360 Connect platform improves user and bank efficiency through self-service options, faster financing, and digital optimization of processes like online credit, bank guarantees, and access to Fogape, Chile’s state-owned fund providing credit guarantees for loans to SMEs and micro enterprises. The bank has also seen growth in trade finance services, due to a stronger value proposition. Bci is offering foreign currency financing solutions that improve financial management for importers and exporters. The bank is a leader in open banking and cash flow forecasting and plans to launch a mobile app for signatures and authorizations this year to further enhance user convenience.
