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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. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248
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Big Banks Outperform Regions in Mobile Apps, Says Survey

Banking Exchange

Bank of America ranks highest in banking mobile app satisfaction, reports JD Power Retail Banking Feature Lines of Business Technology Mobile Online Tech Management Feature3 Community Banking Consumer Compliance Customers.

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Pay Via Selfie? Now Available In Latin America

PYMNTS

Canada and the Netherlands, as well as a larger launch in Europe this year, Mastercard is now unveiling Identity Check Mobile to Latin America. The first two countries in the region to receive it are Brazil and Mexico. After fruitful trials in the U.S., The concept is similar to a “selfie” and thus is being dubbed “selfie pay.”.

America 113
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Post-Toys R Us, Retailers Vie For Experiential Toy Shoppers

PYMNTS

Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us. toy retailer Hamleys , for instance, is eyeing a potential New York City location for a flagship store. The atmosphere comes as brick-and-mortar retailers have to differentiate themselves from their eCommerce counterparts.

Retail 166
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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

PYMNTS

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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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. And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In

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Samsung Pay Launches Debit Card, Money Management

PYMNTS

“Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house,” said Sang Ahn, vice president and GM of Samsung Pay’s North America service business, in a statement. By early 2019, Samsung Pay’s international presence grew to six global regions.

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