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...
Global FinTech firm Circle has partnered with Mercado Pago, the largest FinTech company in Latin America, to enhance efficiency and accessibility to digital dollars in Chile. By granting millions of users in Chile access to USD Coin (USDC), a stablecoin pegged to the U.S. dollar, this partnership will facilitate transactions...
Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Net revenue for the quarter ending June 30 was $408.9 million, while organic revenue increased 11.4% YoY, led by the U.S.,...
Real-time payments have become indispensable for the global economy, with a previous PYMNTS study finding that 86% of businesses generating annual revenues between $500 million to $1 billion using this transaction method. The benefits of real-time payments are self-evident: Half of the businesses surveyed reported...
February 01, 2023
Real-time payments have become indispensable for the global economy, with a previous PYMNTS study finding that 86% of businesses generating annual revenues between $500 million to $1 billion using this transaction method. The benefits of real-time payments are self-evident: Half of the businesses surveyed reported improved cash flow management capabilities, and 32% enjoyed improved transparency […]
December 15, 2021
Digital payments have taken the world by storm in the past several years, but Latin America lags compared to other regions like Europe and Southeast Asia. Just 18% of consumers...
October 25, 2021
In just two years, Latin American debit and credit card use rates have essentially swapped their market share positions. In 2019, roughly 60% of the total purchases in the region...
February 16, 2024
Walmart concluded its inaugural Walmart Growth Summit in India, an event designed to strengthen its partnerships and support India’s economic growth. The event saw the participation of export-ready suppliers, innovators and entrepreneurs from 24 states and union territories in India, the company said in a Friday (Feb. 16) press release. Over 80% of the suppliers […]
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...
August 29, 2023
Global FinTech firm Circle has partnered with Mercado Pago, the largest FinTech company in Latin America, to enhance efficiency and accessibility to digital dollars in Chile. By granting millions of users in Chile...
August 11, 2023
Krispy Kreme announced second-quarter results Thursday (Aug. 10) that showed a 9% hike in year-over-year (YoY) net revenue, bolstered by eCommerce and delivery strategies. Net revenue for the quarter ending...
