The Federal Trade Commission (FTC) has partnered with consumer protection authorities from four Latin American countries — Chile, Colombia, Mexico and Peru — to combat cross-border fraud. This collaboration, marked by the signing of a Multilateral Memorandum of Understanding (MMOU), aims to enhance cooperation in the fight...
Despite large proportions of unbanked households hampering real-time payments adoption in Latin America, some countries in the region are expected to see massive real-time payments growth in the coming years. In Peru, for example, proliferation of the Immediate Interbank Transfers (IRT) system has been slow...
Each country implementing real-time payment methods has to balance various factors, including its banked population, the current favored payment schemes of the populace and penetration of digital payment methods, among many other variables. This month PYMNTS explores the state and future of real-time payments in...
The interesting thing about reports that Peruvians are fast adopting crypto as a hedge against inflation and political instability, it’s that they’re doing so when those economic and social problems are fairly mild, at least compared to those of its neighbors that are doing the...
June 18, 2023
Despite large proportions of unbanked households hampering real-time payments adoption in Latin America, some countries in the region are expected to see massive real-time payments growth in the coming years. In Peru, for example, proliferation of the Immediate Interbank Transfers (IRT) system has been slow since it launched in 2016, with real-time payments accounting for just 0.3% […]
June 01, 2023
Each country implementing real-time payment methods has to balance various factors, including its banked population, the current favored payment schemes of the populace and penetration of digital payment methods, among...
October 17, 2023
Peru’s Banco de Credito (BCP), has joined forces with digital banking and payments solutions provider i2c Inc. to introduce the digital banking platform, iO, the companies said Tuesday (Oct. 17). Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience […]
September 29, 2023
The Federal Trade Commission (FTC) has partnered with consumer protection authorities from four Latin American countries — Chile, Colombia, Mexico and Peru — to combat cross-border fraud. This collaboration, marked by the...
February 22, 2021
Mastercard and ACI Worldwide are teaming up to advance real-time payments in Peru in collaboration with Cámara de Compensación Electrónica (CCE). “The volume of immediate transfers that we process each...
November 21, 2019
Loon, an Alphabet-owned high-altitude balloon internet access provider, has teamed up with Internet para Todos (IpT), a mobile infrastructure firm that’s part owned by Telefonica and whose name translates to...
