brazil

Google Launches New Payment API In Brazil
Google Launches New Payment API In Brazil
October 27, 2017  |  International

Google and EBANX, the Brazil-based FinTech, announced a partnership Thursday (Oct. 26) aimed at providing Latin American local payment methods to global merchants, enabling them...

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Amazon’s LATAM’s Focus Sets Off Mercadolibre Alarm Bells
Amazon’s LATAM’s Focus Sets Off Mercadolibre Alarm Bells
October 13, 2017  |  Amazon Delivery

Companies like MercadoLibre of Brazil, were under pressure in trading on Thursday (Oct. 12) after a news report surfaced that Amazon is gearing up to...

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Brazilian FinTechs Prohibited From Borrower Deposits
Brazilian FinTechs Prohibited From Borrower Deposits
August 31, 2017  |  Latin America

The Brazilian Central Bank has floated a proposal that would let FinTechs lend money but which would also curtail them from taking deposits, as might...

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Mastercard Gets Vocal on VocaLink, Kroger, Masterpass
Mastercard Gets Vocal on VocaLink, Kroger, Masterpass
July 27, 2017  |  Earnings

A rise in consumer spending, broad-based across several geographies, helped Mastercard beat Wall Street estimates for the second quarter. The company announced news on Thursday that...

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Logistics Services And Lending Services Bow Via MercadoLibre
Logistics Services And Lending Services Bow Via MercadoLibre
July 12, 2017  |  International

MercadoLibre, the online marketplace serving Argentina, is boosting its presence in areas such as lending and logistics. Those areas, Reuters reported on Tuesday, had once been...

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Mercado Libre To Offer Working Capital Loans
Mercado Libre To Offer Working Capital Loans
June 26, 2017  |  Loans

Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters. According to...

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Goldman Says Brazilian FinTech Will Disrupt Traditional Banks
Goldman Says Brazilian FinTech Will Disrupt Traditional Banks
May 16, 2017  |  Banking

Brazil is seeing a boom in financial technology, which, according to a new Goldman Sachs report, will chip away at the market share of the...

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Alibaba To Launch Credit Services In Brazil
Alibaba To Launch Credit Services In Brazil
April 27, 2017  |  eCommerce

Chinese eCommerce company Alibaba Group Holding Ltd. has reportedly made plans to open up credit services to the Brazil community. On its website, people in...

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Brazilian Bank’s Online Ops Hijacked
Brazilian Bank’s Online Ops Hijacked
April 05, 2017  |  Security & Fraud

On Tuesday (April 4), Kaspersky Lab described how a group of hackers compromised a Brazilian bank’s operations top-to-bottom. The attack lasted for approximately three months last...

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