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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities.

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Fiskl, Samsung Appstack Team On Finance Management For SMBs

PYMNTS

Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. The pandemic has engendered a number of new obstacles for companies.

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TS Imagine Expands its Operations in Montréal

Bobsguide

Montréal, July 19, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada with new facilities in Montréal to boost its North American operations and drive its international growth.

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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported. 11) press release. . Shares of Cardtronics climbed 0.3

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Freight Logistics Startup Buys Uber’s European Freight Operation

PYMNTS

The agreement includes a shipper referral program in which it will refer shippers seeking freight brokerage in North America to Uber Freight, and vice versa, sennder said. The company said its 500-person workforce manages more than 10,000 trucks across Europe. In June, the company merged with Everoad, the French transportation company.

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FedEx’s Latest Latin America Logistics Push 

PYMNTS

The moves are designed to further last-mile operations in Latin America. Headquartered in Bogotá, Colombia, Cargex has operations in Bogotá, Medellin, Cartagena, Buenaventura and Santa Marta. Upon closing, said FedEx, Cargex would operate as a subsidiary of FedEx Logistics. Financial terms were not disclosed.

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Bank Of America Analyst Sinks Square Rating

PYMNTS

Bank of America has lowered its rating of Square Inc. For example, we wonder how many restaurants, retailers or salons can operate profitably if they are only allowed to be 25-50 percent full,” he said. Shares of the San Francisco-based mobile payment company fell by 2.29 percent at noon on Monday (May 18), according to Yahoo Finance.

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