Economy November 12, 2019 - 9:46 am

Dominican Republic banks are lagging behind the digital race

Santo Domingo.- In the world there are banks that are leading the digital transformation, but in Dominican Republic’s case, long lines are still plaguing banking entities because these don’t allow some processes to be totally digital.

For the former CEO of Google for Spain and Portugal, Isabel Aguilera, this is because the banks have a “protective legislation” that prevents them from being the focus of their digital strategies.

“Currently, the financial ecosystem is beginning to open with new tools and many customers are leaning towards those other ways of doing business,” said Aguilera, who gave a conference Mon. during the IN 2019 Event.

Quoted by Listin Diario, Aguilera believes that the big banks have incorporated some digital practices into their daily routine in the face of the demands that citizens are requiring, but to further promote technology, some risks, investments and change the culture of people and entrepreneurs must be overcome.

COVID-19

May 5, 2024 - 9:36 am

287 people arrested in Los Haitises for environmental crimes

April 30, 2024 - 10:04 am

SeNaSa hires more than 1,500 doctors

April 26, 2024 - 9:23 am

Pro Consumidor clears rice brands of harmful metals

April 22, 2024 - 1:21 pm

Ney Arias Lora Hospital and CMD appeal ruling

MOST READ

World

Seven countries to contribute mission agents to Haiti

Tourism

Cuba shows interest in exploring opportunities in Dominican tourism

Local

Scientific study reveals oil generation potential in Dominican Republic’s basins

Tourism

Hyatt to add 1,000 rooms in Dominican Republic with two new hotels

MORE NEWS

Tourism

Tourist offer of golf from the Dominican Republic in the Netherlands will be promoted

Tourism

Rainieri: the first steps of the leader of the Dominican Republic’s largest tourism group

Economy

Dominican Republic offers an attractive business climate

Economy

New destinations are essential to execute sustainability plan