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Loon And Telefonica Team Up For Balloon Internet Access In The AmazonĀ 

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TechCrunch is reporting that the initiative is also supported by the Development Bank of Latin America as well as Facebook, and that the deal is specifically for the Amazon rainforest in Peru. Loon and Telefonica previously collaborated after a huge earthquake hit Peru in May, to provide internet service.

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BBVA Streamlines Expense Management For Card Purchases

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With Global Commercial Cards, BBVA has managed to bridge the gap between two worlds: commercial cards and expense management tools. Companies can use the offering for commercial cards issued in Portugal, Spain, Mexico, Turkey, Colombia, Argentina, Uruguay and Peru.

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Today In Payments Around The World: Chase, Air Canada, Mastercard Team On Credit Card; Mexican Regulator Green-Lights Uberā€™s Cornershop Buy

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In todayā€™s top payments news around the world, Chase Bank and Mastercard have joined forces with Air Canada to debut the airlineā€™s Aeroplan credit card in the U.S., Santiago, Chile-based Cornershop is a digital grocery startup facilitating grocery delivery in places such as Peru and Chile.

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Mastercard Introduces Sustainable Credit Card

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Amazonā€™s Watch Visa helps protect the rainforest and Watch works with communities to protect sensitive ecosystems in Brazil, Colombia, Ecuador and Peru. The Clean Water Card , a Visa card for Clean Water Action members and supporters, supports clean water and healthy communities. Some credit cards provide a percentage of purchases to charity.

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PayU Taps Feedzai To Protect Its LATAM Payment Networks

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PayU, which provides a digital payment platform for merchants and other retailers around the world, plans to roll out Feedzaiā€™s transaction monitoring system in its Latin America markets, including Brazil, Mexico, Colombia, Argentina, Chile, Peru and Panama.

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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

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The Japanese conglomerate is also ā€œpaying special attentionā€ to two companies from Brazil, one from Peru and one from Chile, Freire said. More than 50 percent of the startups the regional fund has invested in are from Brazil. In addition, it will continue direct investments in venture capital firms.

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Today In Payments Around The World: Delivery Hero Buys Glovoā€™s LATAM Operations; TelefĆ³nica Teams With Rakuten For OpenRAN

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In todayā€™s top news in payments around the world, Delivery Hero said it has acquired Glovoā€™s Latin America operations, and TelefĆ³nica is teaming with Rakuten for the development of an OpenRAN (radio access network). Plus, Flipkart Group is reportedly getting ready to go public as early as next year.