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

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry.

America 102

America Security Miami Conference 102

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU.

America 168

America Regional Regulation Fintech 168

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. However, it is not simply a technology or a regulation. million on a peak day last year.

United States 260

United States America Regulation Regional 260

PYMNTS

FEBRUARY 28, 2020

To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps, to Latin America. Regulations, said the report, are “extremely lax” especially when it comes to Know Your Customer (KYC) and anti-money laundering (AML) efforts.

America 217

America cryptocurrency Regional ATM 217

CB Insights

FEBRUARY 20, 2020

In 6 years, Latin America (LatAm) fintech funding has grown from less than $50M to top $2.1B This has caused some investors to pull back in the region and challenged startups to raise funding from new investors, as illustrated further below by the number of unique investors and startups in the LatAm fintech market. across 139 deals.

America 96

America Marketing Fintech Regional 96

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

MAY 16, 2020

100 for User A in America, 200 pesos for User B in Mexico and so forth) in order to perform transactions in a secure, fast and reliable way.”. A central entity may be a central bank which regulates a monetary supply,” the company wrote. “A A central entity may be associated with a government of such a region.”.

System 320

System blockchain Regional Security 320

PYMNTS

APRIL 26, 2020

The coronavirus pandemic has caused big banks like JPMorgan , Goldman Sachs and Bank of America (BoA) to reduce the size of loans or cancel funding talks. “We We are increasingly observing an ‘America first’ attitude among large U.S. European regulators have noticed the trend of retreating U.S. Banks in the U.S.

US 143

US Regional America Lending 143

Celent Banking

SEPTEMBER 30, 2015

While Dan was the one really working (he presented on “How Big Data can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

MAY 10, 2018

According to a press release from Market Research Future , North America is the leader in the wireless POS market as the region has “advanced technological infrastructure.” As a result, the region can be an “early adopter” of the technology. However, the company said that Asia-Pacific may see the fastest market growth.

America 114

America Regional Mobile Cards 114

FICO

MARCH 7, 2023

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations.

Regulation 52

Regulation America Compliance Fraud 52

Perficient

JANUARY 18, 2021

MY PREDICTION: W e’ll see a regional provider achieve national attention – becom ing the next household name like the Mayo Clinic – as they leverage a “second opinion” virtual network into building new streams of business from outside of their geographies, thanks to Telehealth. . Physician Shortage Worsens.

System 322

System Regional Trends Marketing 322

PYMNTS

NOVEMBER 9, 2017

Small banks do not want to compete with the Amazons and Walmarts of the world when it comes to offering financial services for clients — and as of today, they more or less are protected from having to do so by regulations that prevent banks’ holding companies from branching too far outside of core financial services businesses.

Regulation 100

Regulation Retail New York Apple 100

PYMNTS

MARCH 5, 2018

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. Best Taking a Stand — DICK’S, Bank of America, Kroger, BlackRock, Delta, United (etc).

Regulation 108

Regulation Data Regional America 108

Bank Innovation

MAY 11, 2017

rehabilitation and growth has lagged behind the rest of the world, youth unemployment in the region continues to grow, political unrest is destabilising the continent, the progressive socio-economic pledge of Europe is being challenged and vitally, Europe has failed to develop any new corporate global powers for the digital age.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

JULY 22, 2019

“If a firm needs to digitally onboard someone and verify them, we can help that company do that fairly seamlessly,” Samer Atassi, regional director, Latin America and Caribbean for Jumio, told PYMNTS in a recent conversation. Identifications aren’t standardized across Latin America, and they’re based on paper in many cases.

Innovation 161

Innovation Payments Regional America 161

PYMNTS

JUNE 14, 2017

Not only do regulations vary from jurisdiction to jurisdiction, but the consequences of non-compliance vary greatly, too. Efforts to promote fair competition and boost international trade could offer some relief eventually, especially as the nation aims to harmonize its regulations with those of the European Union. Top Challenge Areas.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

SEPTEMBER 5, 2019

Colombian regulators have demanded that delivery app Rappi comply with electronic commerce laws, and has also launched an investigation into the app after receiving hundreds of customer complaints. Founded in 2015, Colombian startup Rappi employs bike-riding couriers to deliver everything from grocery orders to diapers all around the region.

Regulation 116

Regulation Regional America Operations 116

PYMNTS

NOVEMBER 12, 2020

Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification. That is higher than the percentages registered in other regions such as Europe, the Middle East and Africa (EMEA) and Latin America, where rates have been in the 50-plus percent levels.

Innovation 295

Innovation Regional Data Payments 295

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. A simple rule of thumb is that any derivative leverage ratio over 20 requires an expert understanding of derivatives and risk management (for example, JPMorgan or Bank of America).

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. A simple rule of thumb is that any derivative leverage ratio over 20 requires an expert understanding of derivatives and risk management (for example, JPMorgan or Bank of America).

Community Bank 195

Community Bank FDIC Community National 195

PYMNTS

JANUARY 25, 2017

With plans to release the second edition of their Americas study, which will explore alternative finance across North, Central and South America, industry experts plan to add new data to the debate over the resilience of alternative finance. billion recorded in 2014. credit assessment, due diligence, etc.),

America 100

America Lending Regulation Regional 100

PYMNTS

DECEMBER 10, 2020

“As a trusted partner, our close collaboration to build the future with Santiago Exchange demonstrates our commitment to accelerating digital transformation in the region overall,” Luis Melgarejo, vice president, Latin America Operations, Volante Technologies, said in an announcement.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

NOVEMBER 21, 2019

Loon, an Alphabet-owned high-altitude balloon internet access provider, has teamed up with Internet para Todos (IpT), a mobile infrastructure firm that’s part owned by Telefonica and whose name translates to internet for everyone, to provide internet access to hard to reach places in Latin America, like the Amazon.

America 100

America Regulation Regional Technology 100

NCR

JUNE 29, 2017

The region – and in particular large, fast-growing economies such as China – has proved to be a fertile breeding ground for innovation for the sector. ” The post Progressive regulations help Europe gain ground in payments innovation appeared first on Banking.com. .

Innovation 45

Innovation Regulation Payments Regional 45

PYMNTS

JULY 27, 2020

That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard way by Facebook in June when regulators hit the pause button on its adding payment capabilities to WhatsApp in Brazil. We’re still building that up.

Mobile 153

Mobile America Regulation Regional 153

PYMNTS

OCTOBER 14, 2016

That’s how invoice financing company Aztec Exchange , based in Ireland, found itself spreading into Spain and Latin America. percent of the total value of receivables being paid late (above the regional average across Western Europe). In Spain, he said, the problem is particularly bad. Atradius’ research found that 38.4

America 100

America Regulation Regional Capital 100

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . the Brazil-based firm is on a path to becoming the most valuable startup in Latin America. But before partaking in blockchain bacchanal ….

blockchain 147

blockchain Payments Regional America 147

PYMNTS

MAY 21, 2020

100 for User A in America, 200 pesos for User B in Mexico and so forth) in order to perform transactions in a secure, fast and reliable way.”. “A A central entity may be a central bank which regulates a monetary supply,” the company wrote. “A A central entity may be associated with a government of such a region.”.

United States 244

United States Regional cryptocurrency Retail 244

PYMNTS

JANUARY 24, 2020

Uber originally tried to get into Vancouver, which is Canada’s third-largest metro area, in 2012, but the transportation regulator said the ride-hailing company would be subject to the same rules as limos, and have to charge a minimum of $75 a trip. That stopped Uber from entering. .

Metro 130

Metro Operations Regional America 130

PYMNTS

AUGUST 20, 2018

That story is the subject of a terrific book written by economist Marc Levinson , “The Great A&P And The Struggle For Small Business In America”. By 2009, A&P had shrunk in size and became a modestly sized regional chain. Regulators didn’t destroy A&P in the end. By 2015, it had closed its doors.

Regulation 105

Regulation Online Innovation Google 105

PYMNTS

DECEMBER 26, 2019

Sales in the retailer’s Asia-Pacific region – which includes greater China – increased 7 percent to 9 percent after adjusting for the movements of currency. In the Americas, sales increased 2 percent to 4 percent. Performance was stronger in Europe, where the New York-based company noted a sales increase of 3 percent to 5 percent.

United States 131

United States Comparison New York Branding 131

Celent Banking

OCTOBER 28, 2016

Check what’s going on in the US , Europe and in more near places across Latin America like Mexico , Brazil , Colombia , Argentina and Chile. In last year’s survey to retail banks in Latin America, Stanford University found that 47% of the banks see Fintechs as a threat. Many things going on. Want to take a look?

Fintech 100

Fintech Regulation America Innovation 100

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

NOVEMBER 18, 2019

Created in 1948, the Paramount Consent Decrees came at a time when television wasn’t as popular, and theaters were the go-to for entertainment in America. The regulation prohibited selling films in groups, which allowed studios to force theaters to show less-desirable films by linking them to more popular releases.

United States 100

United States Innovation Regional Apple 100

PYMNTS

JANUARY 17, 2019

This has hurt their reputations and cost them money, while also prompting the scrutiny of regulators and lawmakers who are calling for more cybersecurity legislation. Among the regions that ranked a recession as the biggest risk were Japan, China and Latin America. Europe put it as a second-place concern.

Conference 170

Conference Survey Regional America 170