Why This Report Matters to your Business

The BFSI (Banking, Financial Services, and Insurance) sector is undergoing a seismic transformation driven by AI, cybersecurity, and open banking. With AI adoption skyrocketing from $26.31 billion in 2023 to a projected $164.97 billion by 2033, financial institutions must innovate—or risk falling behind

70%

of financial services executives say AI will drive revenue growth in the next few years.

$4.88M

the average cost of a single data breach in BFSI (2024).

42%

of C-suite time is dedicated to regulatory compliance—AI can cut that in half.

What You’ll Find in the Guide

This exclusive Market Point of View (PoV) report reveals how leading businesses are leveraging LATAM’s growing tech ecosystem to drive success

The AI Revolution in BFSI – How AI is driving growth, from fraud detection to hyper-personalized banking.

Data: The Foundation of AI Success – Why poor data quality costs millions and how to fix it.

Cybersecurity & AI: An Arms Race – How AI both protects and threatens financial institutions.

Overcoming Legacy System Challenges – Strategies to integrate AI into your existing infrastructure.

The Future of Open Banking & Embedded Finance – How fintechs and APIs are reshaping financial services.

Building an AI-Ready Workforce – How to hire and retain top AI talent to stay ahead.

Hiring AI talent doesn’t have to be hard

About Torc

Randstad Digital | Torc connects U.S. businesses with LATAM’s elite tech talent. From AI specialists to cloud architects, we deliver agile, scalable teams that drive impactful results.

300K+

Community
members

91%

Developer-project
match rate

7.6 days

Avg time from
job post to hiring

99.3%

Mind-blowing trial
success rate.

500+

network of
recruiters