A decade ago, when Brazil’s RecargaPay first debuted, a glance around the global payments ecosystem would have shown a similar pattern. The world’s largest digital...
Western Union Co., the cross-currency payments and money mover, announced Thursday (Aug. 6) it has expanded services between its business solutions division and Banco Semear, the Brazil bank, to offer GlobalPay....
That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue —...
Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March...
With nearly 50 percent of the Latin American population unbanked, there's a growing appetite for mobile banking services. And the ongoing pandemic is only accelerating...
Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. The European Union’s financial...
The payments program from messenger service WhatsApp will be allowed to go forward in Brazil, the country’s central bank said, so long as all rules...
One7 has bought FinTech Rapidoo in a bid to expand in the Brazilian market and offer more cash flow options to small- to medium-sized businesses...
Lockdown measures across the globe have small- to medium-sized businesses (SMBs) looking to generate revenue overseas. But transacting with other merchants abroad is a process...