Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Romance languages such as Spanish and Portuguese are predominantly spoken; it is broader than the terms Ibero-America or Hispanic America.

Source: en.wikipedia.org

Nubank Defends Lending Practices as Late Payments Jump
Nubank Defends Lending Practices as Late Payments Jump
September 05, 2024  |  Loans

Lending practices at Brazil’s Nubank reportedly have Wall Street analysts uneasy. As Bloomberg News reported Thursday (Sept. 5), the lender — Latin America’s largest — is enjoying rapid growth,...

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Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
August 16, 2024  |  Digital-First Banking

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...

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Nuvei Set to Acquire Brazil’s Pay2All
Nuvei Set to Acquire Brazil’s Pay2All
August 05, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to acquire Brazilian payments institution Pay2All. The deal, announced Monday (Aug. 5), is designed to expand Nuvei’s capabilities in...

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XTransfer and EBANX Form LatAm B2B Payments Partnership
XTransfer and EBANX Form LatAm B2B Payments Partnership
July 23, 2024  |  B2B Payments

Cross-border trade payments platform XTransfer has joined forces with payments firm EBANX. The partnership, announced Tuesday (July 23), is designed to streamline B2B payments in Latin America. “This collaboration will...

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Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. The feature, Automatic...

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US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
July 16, 2024  |  Security & Fraud

Federal agencies are warning financial institutions about timeshare fraud schemes associated with Mexico-based transnational criminal organizations. The Financial Crimes Enforcement Network (FinCEN), jointly with the...

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OCN Raises $86 Million to Expand Gig Worker Platform
OCN Raises $86 Million to Expand Gig Worker Platform
July 15, 2024  |  Investments

OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in...

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Argentine FinTech Tapi Raises $22 Million Amid Expansion Into Mexico
Argentine FinTech Tapi Raises $22 Million Amid Expansion Into Mexico
July 14, 2024  |  Payment Methods

Argentina-based payments processor Tapi has reportedly raised $22 million in new funding. The company will use the Series A funding to help fuel its expansion...

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Zuora and Ebanx Partner to Expand Acceptance of Local Payment Methods
Zuora and Ebanx Partner to Expand Acceptance of Local Payment Methods
July 09, 2024  |  Partnerships

Zuora and Ebanx partnered to enable Zuora’s customers to accept local payment methods in 13 countries in Latin America and two in Africa. The collaboration...

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