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Currencycloud Links Regional Banks To X-Border B2B Tech

PYMNTS

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. Our industry-leading rates platform now combined with Currencycloud’s capabilities will make our offering even more powerful for our regional and community banking clients.”.

Regional 181
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SoftBank Earmarks $1B For eCommerce, Healthcare And FinTech In LatAm

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SoftBank will add $1 billion this year to its $5 billion Latin America Fund introduced in 2019, adding to last year’s $1.6 Its investment in Latin America this year will target eCommerce, healthcare, FinTech and other industries, as it looks at about 650 firms in the region. billion, Bloomberg reported on Friday (Feb.

Fintech 174
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Visa, NovoPayment To Deploy Digital Solutions In Latin America, Caribbean

PYMNTS

Visa and banking-as-a-service platform NovoPayment are expanding their strategic partnership to advance the deployment of digital solutions in Latin America and the Caribbean, Visa said in a press release on Tuesday (Dec. Since partnering two years ago, Visa and NovoPayment have advanced digital payments across the region.

America 132
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Bantotal In Latin America Partners With Bitex For Bitcoin Money Transfers

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Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. A Bantotal spokesperson said the service is used by around 20 million people. Bantotal is based in Uruguay.

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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

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Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

America 165
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Today In Payments Around The World: Western Union Grows Real-Time Digital Payments; Visa Wraps Up YellowPepper Acquistion

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The remittance firm said it has grown its real-time digital payout abilities in a move that encompasses billions of bank accounts in 100 nations. It’s A Wrap: Visa Completes Purchase Of Latin American FinTech YellowPepper. Terms of the arrangement were not made known. New Pandemic Lockdowns Trigger Economic Slowdown In Eurozone.

Payments 214
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New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap

PYMNTS

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Highlighting Open Banking Challenges In Latin America.

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