The alliance will allow Latin American and Caribbean financial entities to benefit from the innovations in regulation, knowledge and networks of the Asian country, world leader in Fintech

The Inter-American Development Bank (IDB) Group, led by IDB Lab – the Group’s innovation laboratory – and the Monetary Authority of Singapore (MAS) today signed a Memorandum of Understanding (MOU) to collaborate on projects and initiatives that will foster innovation in financial services in the Latin America and the Caribbean (LAC) and ASEAN regions.

The 5th E-Government Ministerial Meeting and the 12th Red GEALC Annual Meeting will be held November 15-16 and bring together 23 countries from Latin America and the Caribbean, as well as representatives of Republic of Korea, Estonia, the United Kingdom, Portugal and Italy

The 5th E-Government Ministerial Meeting of Latin America and the Caribbean and the 12th Annual Meeting of the Network of E-Government Leaders of Latin America and the Caribbean (Red GEALC) will be held November 15-16, 2018 in Panama City.

1,166 FINTECH VENTURES HAVE BEEN IDENTIFIED, AN INCREASE OF 66 PERCENT COMPARED TO 2017

The report Fintech en América Latina 2018: crecimiento y consolidación (Fintech in Latin America 2018: Growth and Consolidation), published today by the Inter-American Development Bank and Finnovista, identified 1,166 financial technology startups (Fintech), a rise of 66% since the first study published by the two organizations in 2017.

THE $100 MILLION LOAN IS INTENDED TO SUPPORT RESTORING BARBADOS’ ECONOMIC STABILITY, PROMOTE GROWTH, AND IMPLEMENT REFORMS

Relying upon a $100 million loan from the Inter-American Development Bank (IDB), the Government of Barbados seeks to regain macroeconomic stability, implement fiscal adjustment measures that foster a sustainable fiscal balance in the short and medium term, and protect social spending programs for the most vulnerable Barbadians.

11 startups from Latin America and the Caribbean will compete for the most innovative title in December

Washington, D.C. -  Design, multimedia and exports of creative services are some of the thematic areas related to the startups selected to participate this year in Demand Solutions Santiago, which will take place on December 11 at the CorpArtes theatre, in the Chilean Metropolitan Region.

The $400 million program will facilitate adoption and implementation of sectorial reforms and policies needed to make the country’s electricity sector financially sustainable and operationally efficient

The goals of the plan include strengthening the electricity sector’s institutional and supervisory capital and enhancing sectorial planning and regulation. At the same time, the loan will help support better management and operations at electricity distribution companies.

Third program in a line of credit for investment projects will promote urban integration and the restoration of abandoned buildings in the old quarter of Montevideo

The Inter-American Development Bank has approved a $70 million credit for Uruguay that will finance a multi-pronged program to improve living conditions for people residing in squatter camps and rundown urban areas.

IDB Lab, the Innovation Lab of the Inter-American Development Bank (IDB), retirerated its commitment to the use of technology and innovation to promote social inclusion and the creative economy in Latin America and the Caribbean

The twentieth first of Foromic, the main event on inclusion of Latin America and the Caribbean, closed its doors in Barranquilla, Colombia.

The Inter-American Development Bank (IDB) and NTT Data today announced they will work together on topics related to open innovation and digital transformation in Latin America and the Caribbean.

The multilateral development lender and the leading IT services provider signed a Memorandum of Understanding, under which they agreed to help Latin American and Caribbean organizations and entrepreneurs prepare for an increasingly digital future. The agreement was signed during the FOROMIC event in Barranquilla, Colombia.