LatAm

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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Today in Crypto: LatAm Exchange Bitso Processed $1B in US-Mexican Remittances YTD; Crypto Hedge Fund Three Arrows Capital Misses Lender Margin Calls
Today in Crypto: LatAm Exchange Bitso Processed $1B in US-Mexican Remittances YTD; Crypto Hedge Fund...
June 16, 2022  |  Cryptocurrency

Inverse Finance, the ethereum-based DeFi tool, has seen an exploitation for over $1.2 million in cryptocurrency as of Thursday (June 16), CoinDesk writes, citing on-chain...

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Google Announces Investment Initiatives in Brazil
Google Announces Investment Initiatives in Brazil
June 14, 2022  |  Google

Google announced on Tuesday (June 14) a series of initiatives and investments in Brazil, a country with both a huge market of more than 200...

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Argentinian FinTech Ualá Gets Final Approval for Wilobank Acquisition
Argentinian FinTech Ualá Gets Final Approval for Wilobank Acquisition
June 10, 2022  |  Acquisitions

Argentina’s central bank has approved payments app Ualá’s acquisition of digital bank Wilobank, clearing the way for the company to broaden its reach in the...

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Today in the Connected Economy: Google Investing $1.2B in LatAm
Today in the Connected Economy: Google Investing $1.2B in LatAm
June 09, 2022  |  Connected Economy

Today in the connected economy, Google makes a five-year, $1.2 billion commitment to Latin America that includes building the longest underwater cable in the world....

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