By Transferencia Tec
Technological innovation and its operation at a business level have been a determining factor in all aspects of daily life in recent years. These advances have resulted in the reconsideration and transition of multiple scenarios to new digital platforms and structures.
In view of this scenario, just over a year ago, the Fintech Act was passed in our country, which aims to regulate the financial services provided by Financial Technology Institutions (FTI).
“This law seeks to contribute to financial inclusion in Mexico, protect the consumer, maintain stability and promote healthy competition while reducing the risk of money laundering and financing of possible terrorism-related activities,” explained José Antonio Quesada.
“THE MAIN OBJECTIVE OF THIS WORK IS TO POSE QUESTIONS AND ANSWERS TO FIND OUT THE POSITION OF INSTITUTIONS REGARDING THE REGULATION OF THE NEW FINANCIAL ENVIRONMENT”
The author also points out that, thanks to this enactment, the conditions for the development of technological innovation can now be established through spaces known as Sandbox, so that emerging innovation can be developed before entering the regulation processes, that is, experimenting before legislating.
Technology, innovation and change management in organizations
In the foreword, Carlos Salazar Lomelín, president of the Business Coordinating Council, points out that the author makes an accurate analysis of the elements of digital transformation that must be included in companies: technology, innovation, and change management. Likewise, Salazar mentions that the author explains the way in which organizations are moving towards a change of paradigms in which data, people, and technology break old models and create new schemes to capture benefits and avoid risks.
The book is structured in four parts that analyze aspects such as our starting point and our destination; the Fintech as a protagonist in disruptive times; Mexico and the preferential ticket; and finally, the race for Fintech supremacy.
Finally, it is also worth noting that the approach of this book helps the reader understand the context from which Fintech emerged, as well as what digital transformation is and the impact it is having on both organizations and society.