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Latin America Enjoys A Boost In Its Digital Prospects

PYMNTS

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates.

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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

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Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. In Latin America, the infrastructure mainly relies on banks to provide kind of these types of services to the SME segment. “In trillion globally, according to Shoihet.

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WEX Takes The Virtual Card To Latin America

PYMNTS

Corporate payments firm WEX is pushing virtual card technology within Latin America and has announced a new partner to help the cause. The firm revealed this week that it is working with Argo , a corporate travel and expense management company operating in Brazil and Mexico, to offer a virtual card solution for corporate travel managers.

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Malware Hits Banks By Mimicking Video Conferencing App

PYMNTS

"To make sure that the malicious code is executed from Cmmlib.dll, the malware's author copied the real export list of that legitimate DLL but made sure to modify it and have all the functions direct to the same address — the malicious code's address space," IBM security researchers Chen Nahman, Ofir Ozer, and Limor Kessem told ZDNet.

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Mastercard, Juvo Team Up To Help Underbanked Build Credit In LATAM, Caribbean

PYMNTS

Mastercard is teaming up with FinTech startup Juvo to help the “underbanked” in Latin America and the Caribbean to build credit histories so they can engage in a wider range of financial services. Mastercard plans to take Juvo’s platform to financial institutions (FIs) across Latin America and the Caribbean.

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Bitcoin Daily: Alabama Works On ‘Operation Cryptosweep,’ Venezuelan Banks Ordered To Accept ‘Petro’ Crypto

PYMNTS

Dash is teaming up with Kripto Mobile to spread its payment system through Latin America, Cryptovest reported. Users in the region are able to spend and acquire Dash through their mobile phones, which comes loaded with the Dash ecosystem. The effort is honing in on crypto investment products and initial coin offerings (ICOs).

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