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LATAM’s Payments Innovation Renaissance

PYMNTS

Providing onboarding services in the Latin American market is both an exciting opportunity and a challenging one. 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.

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Visa Powers Revolut’s Global Expansion Into 24 New Markets

PYMNTS

We imagine if presented with an iPhone, penicillin, an automobile or just a ballpoint pen, even the original scribe would have been forced to concede that exciting innovations might be coming up on humanity’s horizon in the intervening 30 centuries. So today (Sept. 30), the card network announced just such a FinTech partnership.

Marketing 211
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Duffel Funding Round Adds Fuel To Travel Industry Innovation

PYMNTS

Not only that, but 82 percent of travel companies innovate to combat the loss of customers, and 36 percent of travel companies expect innovations to decrease costs. Other areas of innovation and disruption for the travel industry are heavily focused around payments. That includes the payment of airline fares. Payments Cost.

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Taking The Swedish Approach To Instant Payments Ubiquity

PYMNTS

One PYMNTS study found that 59 percent of United States consumers would use instant payments because of their convenience, for example. In the February Disbursements Tracker ® , PYMNTS analyzes instant payments’ rise in the Nordics with a critical eye to how entities in other regions may be able to use it as a blueprint.

Payments 246
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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

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
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Brazil’s Banco Inter Eyes Partnership With Uber For FinServ

PYMNTS

Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world. While the source wouldn’t comment on the terms of a possible deal, it would target the rideshare giant’s drivers and Banco’s more than 3 million clients.

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Uber To Focus On Emerging Markets On The Road To Profitability

PYMNTS

Uber said it will focus on emerging markets in the next 10 years, although it is unsure when it will be profitable as a company. Reuters is reporting that despite the issues Uber has encountered in getting a foothold in China and Southeast Asia, the ride-hailing and food delivery company sees those markets as defining its future growth.

Marketing 100