Fintech could be a game changer for the Caribbean, offering new paths to financial inclusion, safer business practices and regional economic growth.
That's the view of experts and central bankers at a high level seminar hosted by the Caribbean Development Bank.
They say digital tools can help women-led businesses and small enterprises access markets, reduce risk and bypass outdated financial systems.
CDB economist Christine Dawson noted fintech's ability to break down barriers for the unbanked, while Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, said it also boosts safety by reducing the need to carry cash.
Citing Brazil's Pix system, speakers say the region has a real chance to leapfrog into a more inclusive digital economy.
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