PYMNTS

JANUARY 15, 2021

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America.

Regional 207

Regional America United States Operations 207

PYMNTS

MAY 30, 2018

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.

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

MARCH 8, 2019

Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. The Asia Pacific region has the most employees outside of China, so job cuts there were the first step in the consolidation process.

Operations 108

Operations Regional Analysis America 108

PYMNTS

MARCH 19, 2019

According to a Fintech Finance report, Gottschalk will be based in San Francisco and will focus on strengthening the fund via investment opportunities in the region. portfolio companies a stronger entrance into North America. It also gives the fund’s non-U.S. Prior to Blumberg, Gottschalk worked at Menlo Ventures.

America 161

America San Francisco Fintech Capital 161

Cisco

JANUARY 10, 2023

It’s an excellent way to solidify the optimal operating model mix for hybrid work, digital first engagement, operational excellence and process automation, sustainability, and cybersecurity. Also, it creates an opportunity to unite internal stakeholders all across the C-suite to different lines of business.

Digital Strategies 174

Digital Strategies Strategy America Innovation 174

PYMNTS

MARCH 3, 2020

The British accounting software company Sage is offloading its operations in Brazil in a deal estimated to be valued at £1 million, plus deferred consideration of up to £9 million, according to reports on Tuesday (March 3). For the fiscal year ending September 2019, Sage reported revenue of £53 million and an operating profit of £2 million.

America 130

America Software Operations Regional 130

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Private technology companies in Latin America have raised over $5.8B Want the 12-page report for free?

Regional 50

Regional America Capital United States 50

PYMNTS

MARCH 11, 2016

Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. Operating locally can give a payments service provider a distinct advantage. WHY GOING LOCAL MAKES A DIFFERENCE.

America 100

America Payments Fraud Case Study 100

PYMNTS

OCTOBER 30, 2020

"Our third-quarter results reflect considerably better than expected performance due to higher demand and our strong execution, especially in North America. According to the statement, international sales spiked 18 percent, reaching $433 million, driven by a 31 percent increase in sales in the Europe-Middle East-Africa region.

Baltimore 219

Baltimore Maryland Regional America 219

PYMNTS

SEPTEMBER 28, 2016

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.

America 100

America Cards Regional Payments 100

PYMNTS

SEPTEMBER 29, 2020

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.

United States 286

United States Regional America Trends 286

PYMNTS

JANUARY 24, 2017

But FedEx Business Insights also found that intra-regional exporting is a major force behind SME growth today, perhaps serving as a stepping stone for small businesses that may have their sights set on global growth ahead. The digital economy is driving this optimism,” the report said.

Regional 100

Regional Analysis Policies Report 100

PYMNTS

OCTOBER 14, 2020

MercadoLibre , which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be even bigger than its $716 million investment this year, Bloomberg reported. So, in the region there is an inequality in terms of the acceptance and regulation of open banking.

United States 260

United States America Regulation Regional 260

PYMNTS

AUGUST 29, 2018

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).

Alabama 100

Alabama Operations Bitcoin cryptocurrency 100

PYMNTS

JULY 23, 2020

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

America Regulation Regional Tools 165

PYMNTS

NOVEMBER 17, 2020

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.

Regional 150

Regional America Regulation Fintech 150

PYMNTS

JANUARY 9, 2020

The Körber Group is looking to shape the supply chain of the future in Latin America with the acquisition of a majority stake in Brazil-based Otimis , Körber announced on Wednesday (Jan. “With Otimis, we have an ideal basis for further growth in Latin America, and for offering our customers market-leading logistics solutions.”. .

America 130

America Regional US Management 130

PYMNTS

JULY 21, 2020

Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems. This means the crisis may have large-scale effects on how open banking develops in Latin America.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

OCTOBER 13, 2019

The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America. SoftBank also recently announced a $5 billion Innovation Fund focused on Latin America, with the goal of investing in technology companies across the region, including eCommerce, FinTech and healthcare.

United States 137

United States America Regional Innovation 137

PYMNTS

NOVEMBER 24, 2020

Visa has wrapped up its acquisition of YellowPepper, the Latin American FinTech, in the first arrangement of its kind by the financial company in the region. Terms of the arrangement were not made known.

Payments 214

Payments Regional Strategy Analysis 214

PYMNTS

NOVEMBER 10, 2020

After gaining a new license to operate as a financial institution in Latin America's largest economy of Brazil, MercadoLibre will work on expanding its portfolio of credit offerings, a report from BNAmericas says.

America 156

America Regional Operations Report 156

PYMNTS

NOVEMBER 11, 2020

So it was not completely surprising when news came this week that MercadoLibre has obtained a license to operate as a financial institution (FI) in Brazil, which will help the company expand its portfolio of credit offerings. In addition, the company also has gotten a 400 million reais ($74.2 And mPOS has also been gaining traction.

America 178

America Operations Regional Survey 178

Bank Innovation

MARCH 22, 2017

In North America regulation was the top concern. “This year is marked by a sharp regional divergence about which rules […]. Regulation is still shaping banks’ strategic thinking, says a new study by The Economist Intelligence Unit.

Regulation 256

Regulation Fintech Regional America 256

PYMNTS

OCTOBER 19, 2020

The hijacked browser files work to mask the malware’s activity from operating systems and anti-virus software. The remote overlay malware class has gained tremendous momentum in the Latin American cybercrime arena through the past decade making it the top offender in the region," IBM said, per ZDNet. "At Earlier this month the U.S.

Video 307

Video Regional America Software 307

PYMNTS

DECEMBER 9, 2020

The exchange can replace its legacy enterprise resource planning (ERP) Software-as-a-Service (SaaS) technology with Volante’s Optimus infrastructure, which was developed to fuel Chilean and regional brokerage houses, and gains a competitive advantage throughout the region, according to the announcement. “As

Technology 157

Technology Marketing Regional Resources 157

PYMNTS

SEPTEMBER 9, 2019

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release.

Management 179

Management America New York Regional 179

PYMNTS

AUGUST 5, 2020

By region, Diageo’s Asia sales saw the biggest drop at 16 percent. The company attributed that to the fact that many countries in that region not only shuttered bars and restaurants, but also liquor stores. However, not all regions showed declines: North America bucked the trend and saw its sales rise 2 percent.

South Carolina 140

South Carolina US America Regional 140

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. We believe that community banks should choose a path that offers the most operational flexibility. Eliminate Interest Rate Risk: Eliminate margin compression when interest rates rise.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Meet Competitive Pressures : National and larger regional banks are specifically targeting better borrowers for five, seven, ten-year fixed-rate loans. We believe that community banks should choose a path that offers the most operational flexibility. Eliminate Interest Rate Risk: Eliminate margin compression when interest rates rise.

Community Bank 195

Community Bank FDIC Community National 195

PYMNTS

OCTOBER 20, 2020

But he said that since the region’s average monthly income is less than $400, “we knew if we wanted to go massive, we would have to go downscale.”. Despite low average incomes, Latin America offers a huge overall market size and growth potential. The spirit of the people in Latin America will prevail.”.

Company 184

Company America Kentucky Regional 184

PYMNTS

SEPTEMBER 27, 2018

Want to understand payments innovation in Latin America ? One may indeed be a bit hungrier than before, but according to what NovoPayment CEO Anabel P é rez told Karen Webster during a recent PYMNTS interview, they can now understand one of the fundamentals of innovation in Latin America. Latin American Progress. Front Row Seat.

Fintech 179

Fintech Payments America Innovation 179

PYMNTS

JANUARY 11, 2018

Visa is expanding its B2B payments footprint throughout Latin America. Together, the companies will provide B2B payments services across Latin America and the Caribbean, with a focus on business travel payments, accounts payable and accounts receivable solutions, and Visa bank clients.

Payments 130

Payments America Regional Strategy 130

PYMNTS

APRIL 30, 2019

Citing sources familiar with the matter, Bloomberg reported that the investment will probably be led by the newly formed Innovation Fund, which was launched by SoftBank Chief Operating Officer Marcelo Claure for technology investments in Latin America. If it closes, it would be SoftBank’s largest investment in Latin America.

America 151

America Regional Mobile Management 151

PYMNTS

SEPTEMBER 4, 2019

San Francisco-based DoorDash is moving beyond North America and is now taking orders in Melbourne, Australia, taking on UberEats, Menulog and Deliveroo, Reuters reported on Wednesday (Sept. North America’s biggest food delivery service was launched in 2013 and operates in more than 4,000 U.S. cities as well as in Canada.

San Francisco 116

San Francisco America Regional Operations 116

PYMNTS

FEBRUARY 13, 2020

Other, Individual presentations (with just three of the main markets noted below) delved into the market specific opportunities by region and country, detailing total addressable markets that stretch into the trillions of dollars. The truth is that we are just getting started with the electronification of payments in North America,” he said.

Payments 163

Payments Regional America Cards 163

PYMNTS

SEPTEMBER 22, 2020

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. The transformation plan, according to the company, aims to attract younger consumers, drive targeted expansion, lead with digital and operate more efficiently.

Philadelphia 173

Philadelphia Retail Las Vegas America 173

PYMNTS

JANUARY 24, 2020

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports. . 23), the city finally acquiesced and both Uber and Lyft are now allowed to operate in the city. . “We The applications for Uber to operate were opened in September of last year. .

Metro 130

Metro Operations Regional America 130