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LATAM’s Payments Innovation Renaissance

PYMNTS

“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. Opportunity, he noted, abounds. A Diversity Of Needs. Meeting A Dynamic Market .

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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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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. The launch is the first for Uber in a country outside of the United States, and it will be available in six Mexican cities initially: Mexico City, Tijuana, Monterrey, Puebla, Merida and Guadalajara.

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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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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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Will The Pandemic Finally Get Central Banks Interested In Building Digital Currencies?

PYMNTS

In the United States, the digital dollar was floated in a draft proposal of one of the early stimulus bills. A central entity may maintain exclusive rights to create or destroy currency in a region such as a nation. A central entity may be associated with a government of such a region.”.

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Trending: FIs Use AI To Challenge Challenger Banks

PYMNTS

In the latest Digital Banking Tracker , PYMNTS examines how legacy banks are approaching innovation among the rising tide of challenger banks and smaller FinTech startups, as well as how they’re approaching authentication and security as customers continue to demand more convenience and speed. About the Tracker.

Trends 194