The accelerated adoption of digital payment methods is fueling competition between banks and fintech companies, a dispute that has gained temperature in recent weeks with statements and complaints exchanged, shortly before the national elections are held. The struggle over what the regulatory and competition frameworks should be between one another grows as more and more people incorporate the use of digital tools into their daily lives to dispose of their money. The latest data show how, although banks still manage the largest money operations (78% of the volume of money transferred electronically responds to high-value movements between companies), the influence of so-called virtual wallets is growing rapidly among users. retailers. Last August, 65.1% of money transfers had as their origin and/or destination a CVU, that is, an account managed by a virtual wallet or fintech, reaching a total of 195.2 million operations in the month. To take dimension of this phenomenon: just three years ago, this proportion was less than 20%, so the fintech sector more than tripled its influence in the retail market in that period, according to the latest data from the Central Bank of the Argentine Republic. (BCRA). Cooperation between banking and fintech has managed to advance with initiatives that discourage the use of cash and promote digital money.