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...
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...
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...
November 06, 2024
Peru’s B89 teamed with PagBrasil, which develops cross-border solutions for Brazil’s Pix payment system. The partnership will let B89 — a digital financial solutions company — offer the real-time payment services of Pix International to merchants outside Brazil, according to a Wednesday (Nov. 6) press release emailed to PYMNTS. “This allows Brazilian citizens either tourists […]
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)....
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...
