El papel de las nuevas tecnologíasen la democratización del accesofinanciero en Colombia

Luis Ángel Meneses Cerón; Dayra Ibeth Cabrera Muñoz; Fabio Andrés Arcos Rodríguez

doi:10.22490/ECACEN.8230

No. 1 (2024)

Published

2024-06-17

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Meneses Cerón , L. Ángel, Cabrera Muñoz , D. I., & Arcos Rodríguez, F. A. (2024). THE ROLE OF NEW TECHNOLOGIES IN THE DEMOCRATIZATION OF FINANCIAL ACCESS IN COLOMBIA. Documentos De Trabajo ECACEN, 1, 61-88. https://doi.org/10.22490/ECACEN.8230

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THE ROLE OF NEW TECHNOLOGIES IN THE DEMOCRATIZATION OF FINANCIAL ACCESS IN COLOMBIA

DOI: https://doi.org/10.22490/ECACEN.8230

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Artículos

Luis Ángel Meneses Cerón Universidad Nacional Abierta y a Distancia

Dayra Ibeth Cabrera Muñoz Universidad Nacional Abierta y a Distancia

Fabio Andrés Arcos Rodríguez Universidad Nacional Abierta y a Distancia

Technological developments have affected the financial industry in recent years, introducing new business models such as fintech, blockchain and artificial intelligence, thus increasing the range of financial products with high disruptive potential. In this sense, new technologies in the financial sector play an important role in financial inclusion since they allow more Colombians to access innovative services and promote economic growth. In this sense, this study documents the incidence between the adoption of new technologies in the context of emerging Latin American markets and the process of financial inclusion, highlighting aspects such as trends, expectations, attractiveness for investors, among the main aspects. In this regard, specialized international and national literature was analyzed, historical data from the World Bank was used and the econometric analysis was developed through linear regression models. The results reveal that ICTs are essential to achieve a knowledge-based society that is at the forefront of new technologies in order to achieve a more developed country with a more robust economy. In this regard, it was found that the number of Fintech companies has increased financial inclusion in the country and is significant at 1%.

ICT, banking sector, business performance, digital divide, digital environment

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THE ROLE OF NEW TECHNOLOGIES IN THE DEMOCRATIZATION OF FINANCIAL ACCESS IN COLOMBIA

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