“Limitless: Enabling a digital world with infinite possibilities” united some of the key players of the payments industry to think big on the promising future of digital in Latin America and the Caribbean (LAC). Miami, December 3, 2018 – Mastercard, a technology company in the global payments industry, held the Mastercard LAC Innovation Forum in …
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Despite the advances of LAC’s frontrunners, the region is far from other developing countries in the world, such as the members of Association of Southeast Asian Nations (ASEAN).   ASEAN has a similar size of population to LAC, at 620 million, but, as of 2018, has a lower per-capita GDP. Despite this relative disadvantage in …
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Five countries lead the region, both in the state and the rate of digital progress: Chile, Colombia, Costa Rica, Mexico, and Uruguay. These countries have done well in improving institutional stability and predictability, such as with competitive policies and a fair institutional environment. They are also good at promoting growth by attracting investment in digital …
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While some countries shine, and others lag, the region as a whole has the potential to foster strong digital economies.   The telltales of digital growth — high consumer demand, rising internet penetration, favorable demographics, and a large urban population – abound in the Latin America and Caribbean region (LAC). Its bustling megacities, awash with …
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Latin America’s digital economy is poised for tremendous growth   Digital technologies and platforms permeate every aspect of our lives today, transforming the way we interact, transact, buy, sell, and dwell. With a tap and a swipe on our smartphones, we can check train schedules, borrow ride-share bikes, turn up the thermostat at home, and …
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