The talks are expected to continue through Friday, with both sides looking to cement an agreement before Brazil's president-elect Jair Bolsonaro takes office on January 1.
Insurtechs represent a small share of the overall fintech industry in the region but the number of insurtech firms is growing very fast, according to a study from the IDB and Finnovista.
Remittances to Dominican Republic jumped over 10% through September, CDB approved a US$107mn plan to assist The Bahamas, new Cayman Islands governor weighs in on beneficial ownership register.
With the Mexican peso and bank stocks still sinking, the private sector reacted strongly to the proposed elimination of essentially all bank fees. The leading majority lawmaker behind the proposal came out Friday to defend the initiative and said it would not be withdrawn.
The new chiefs will assume their posts on December 1, when AMLO takes office.
The monetary authority also said that the economy is growing below its potential.
The economy has been recovering from a prolonged slowdown that started with the decline in copper prices in 2011 and intensified over the last few years. Reflecting a considerable rebound in both mining and non-mining, economic growth in the first half of 2018 has been the strongest since 2012.