CANTO and the Caribbean Association of Banks have announced the signing of a memorandum of understanding aimed at strengthening digital transformation and financial innovation in the region.
This agreement establishes a framework for cooperation between the telecommunications and banking sectors. The two organizations aim to bring technological infrastructure and financial services closer together to promote digital inclusion and the efficiency of banking systems.
The partnership comes at a time of increasing convergence between connectivity, fintech, and financial services. It includes joint initiatives such as organizing regional events, implementing training programs in cybersecurity, artificial intelligence, and risk management, as well as sharing information on industry trends and emerging threats.
Key projects include the creation of an annual roundtable bringing together banking executives, telecom operators and regulators to discuss issues related to cross-border payments, mobile financial services and digital identity.
The two institutions stated that this collaboration aims to strengthen the resilience of the regional financial system and to support sustainable economic growth, based on better integration of digital technologies.
Posted May 7, 2026