Central Bank Governor Hector Valdez Albizu says the Central Bank of the Dominican Republic is taking steps to to foster the country becoming a hub for financial innovation. He spoke during the seminar “Fintech and Financial innovation in Central America,” organized by Latam investor magazine.
Fintech is the term used to refer to innovations in the financial and technology crossover space, and typically refers to companies or services that use technology to provide financial services to businesses or consumers. The financial services technology companies provide financial services through software, cloud services or other technology and include anything from mobile payment apps to cryptocurrency.
During his speech, Valdez Albizu announced that the BCRD is taking steps to implement, in the short term and with the support of international organizations, a...
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