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Latin America Entices B2B FinTech Investors

PYMNTS

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. Remessa Online. Remessa Online.

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AMC Dodges Bankruptcy With $917 Million Capital Infusion

PYMNTS

Struggling movie theater chain AMC Entertainment Holdings has dodged bankruptcy by raising $917 million in new equity and debt capital, a move it says should allow it to stay in business “deep into 2021.”. AMC said it has been receiving new capital since mid-December. 25) press release. 25) press release.

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Latin America Tries To Tackle Its Digital Security Problem

PYMNTS

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry. Growing Awareness.

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Bank Of America To Leverage Marco Polo For Trade Finance

PYMNTS

Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. We look forward to working with Bank of America to address critical market challenges and to expand the network’s reach and eco-system to a wider audience of corporate customers.”.

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Data, Business Intelligence And Security Lead B2B Funding

PYMNTS

In a venture capital slowdown, any investment round is a win. This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 million in fresh investment for the industry. PYMNTS rounds up the latest deals below.

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Bank Of America Branches Into Data Sharing

PYMNTS

Bank of America is treading familiar ground for an big bank – Chase, Capital One and Wells Fargo have all made similar integrations with the likes of Intuit, Xero and Finicity. “We

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Autonomous Retail Startup AiFi Secures $30M Total Funding

PYMNTS

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. He added that Qualcomm is “very impressed” with AiFi's edge-computing solutions.

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