Why a Bank Built a Fintech to Compete With Itself

Podcast: Banking Transformed with Jim Marous · LLH Media

Opublikowano: 2026-10-20

Download the free Innovation in Retail Banking report, with insights from 170+ banking executives worldwide: https://www.digitalbankingreport.com/dbr/dbr314 Bancolombia built a digital bank to compete with itself. It now serves 24 million customers. Many U.S. bankers still think of Latin America as a region catching up. Fidel Vargas, Chief Information Officer of Bancolombia, says that's the wrong lens. Inclusion, fast digital adoption, real-time payments, and a wave of new competitors, from Nubank to Revolut to Mercado Pago, have forced Colombia's largest bank to innovate at a pace...