Latin America news and trends

Keo Expands Access to B2B Payments Platform in Brazil
B2B Payments // December 17, 2024

Keo World is expanding access to its B2B payments platform Workeo in Brazil through a partnership agreement with investment bank BTG Pactual Bank S.A. This partnership will help medium and large businesses in Brazil digitize their B2B invoice payments with Keo’s Workeo solution, in collaboration with the Amex...

Nuvei Adds Google Pay to Cashier Solution in Latin America
Partnerships // December 12, 2024

Nuvei can now integrate Google Pay into its cashier solution for merchants across Latin America. The capability represents an expansion of the company’s global partnership with Google, which already makes Google Pay available through Nuvei in the United States, Europe, Asia Pacific and Australia, Nuvei...

MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
Latin America // December 10, 2024

Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News, which noted that MercadoLibre — which has its roots in the eCommerce world — is increasingly seeking the same turf...

Latin America May Offer Roadmap for Passkeys to Replace Passwords
Identity // December 09, 2024

The passwordless future has long been promised, but has long been just over the horizon — remaining more an aspiration than a reality. Passwords, after all, are sticky. We’ve used them for decades, augmented by security questions drawing upon moms’ maiden names, the color of...

Interviews & Exclusives
Latin America May Offer Roadmap for Passkeys to Replace Passwords

December 09, 2024
The passwordless future has long been promised, but has long been just over the horizon — remaining more an aspiration than a reality. Passwords, after all, are sticky. We’ve used them for decades, augmented by security questions drawing upon moms’ maiden names, the color of our cars, the first concert we ever attended. Then there’s […]

CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’

November 11, 2024
In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to pay for everything from streaming...

92% of Small Businesses in Latin America Accept Digital Payments

October 03, 2024
As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting away from cash and embracing...

Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank

August 16, 2024
Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin America, for all intents and...

Quick Reads
Payments Processor PayRetailers Expands in Brazil With Transfeera Acquisition

December 19, 2024
PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. The deal was approved by the Administrative Council for Economic Defense (CADE) and the central bank in Transfeera’s home country of Brazil (BCB), the companies announced in a Thursday (Dec. 19) news release provided to PYMNTS. “The transaction is part of […]

Keo Expands Access to B2B Payments Platform in Brazil

December 17, 2024
Keo World is expanding access to its B2B payments platform Workeo in Brazil through a partnership agreement with investment bank BTG Pactual Bank S.A. This partnership will help medium and large businesses...

Nuvei Adds Google Pay to Cashier Solution in Latin America

December 12, 2024
Nuvei can now integrate Google Pay into its cashier solution for merchants across Latin America. The capability represents an expansion of the company’s global partnership with Google, which already makes...

MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race

December 10, 2024
Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News, which noted that MercadoLibre —...