LatAm

Mexican Department Store Liverpool Buys 9.9% Stake in Nordstrom
Mexican Department Store Liverpool Buys 9.9% Stake in Nordstrom
September 16, 2022  |  Retail

Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake...

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Argentinian FinTech MODO Launches Instant Payments, Eyes BNPL
Argentinian FinTech MODO Launches Instant Payments, Eyes BNPL
September 12, 2022  |  Buy Now Pay Later

MODO, a virtual wallet solution popular in Argentina, has launched an instant payments feature and is exploring a buy now, pay later (BNPL) product, iupana...

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Binance, Inswitch Roll Out Binance Pay to LatAm Merchants
Binance, Inswitch Roll Out Binance Pay to LatAm Merchants
September 06, 2022  |  Payment Methods

Embedded payments finance Inswitch has teamed up with cryptocurrency platform Binance to offer Binance Pay to all merchants in Latin America. “The partnership between Binance...

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Santander Taps Trovata for Cash Management
Santander Taps Trovata for Cash Management
August 31, 2022  |  B2B Payments

Santander has tapped Trovata for its cash management solution, Trovata announced in a press release Wednesday (Aug. 31) Through the partnership, Santander will market Trovata’s...

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Brazil’s Central Bank Head Says Pix Instant Payments Will Replace Credit Cards
Brazil’s Central Bank Head Says Pix Instant Payments Will Replace Credit Cards
August 12, 2022  |  Credit Cards

The chief of Brazil’s central bank believes the country’s open finance system will soon lead to the end of the use of credit cards. Speaking...

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Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
August 12, 2022  |  Digital Payments

The head of Brazil’s central bank is refuting the idea that banks lose money with the country’s Pix instant payment system. As Reuters reported Friday...

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LatAm’s eCommerce Boom Propels MercadoLibre to 53% Increase in Sales
LatAm’s eCommerce Boom Propels MercadoLibre to 53% Increase in Sales
August 03, 2022  |  Earnings

MercadoLibre, the Latin American eCommerce company, is seeing record revenues even while the economy slows all over the world, including in that region, Bloomberg reported...

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Home Sharing Uses Pricing, Payments Choice to Lure Digital Nomads
Home Sharing Uses Pricing, Payments Choice to Lure Digital Nomads
July 26, 2022  |  Payment Methods

In the months after the pandemic was declared and offices were closed, the image of the professional “digital nomad” arose — a “have laptop, will...

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‘Survival of the Fittest’: Nubank Hunts M&A LatAm FinTech Bargains
‘Survival of the Fittest’: Nubank Hunts M&A LatAm FinTech Bargains
June 21, 2022  |  Digital-First Banking

Digital bank Nubank is on the hunt for FinTech bargains in Latin America as venture capital money dries up amid rising interest rates and tighter...

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