The economic shock of the COVID-19 pandemic is having a fundamental impact on lending and leasing fintechs

As the economy heads for recession induced by the coronavirus pandemic, fintechs are bracing for a slowdown in investment. But could digital channels ultimately get a boost from the turmoil?

Scotiabank Peru, BBVA and Interbank find fast uptake with PLIN, to facilitate free and immediate peer-to-peer transfers, although interoperability is in question

In Mexico, Nubank may accounts and loans in addition to credit cards as it seeks to replicate Brazilian success

Mexico’s new Fintech Law is already set to be changed, while specific open banking rules could take up to another year to be defined

Mercado Pago is applying to become a financial institution in Chile, IFPE in Mexico, says Chile CEO Matias Spagui

Brazilians use messaging app to chat with Bradesco’s bot, renegotiate debt at Banco do Brasil, as digital banking surges

Through Krealo, Credicorp is taking aim at the Chilean retail banking market with the launch of a new digital bank, Tenpo

CrediTú places bond in Chile’s local capital market, other fintechs look at wholesale funding strategies

Data sharing rules will “really open the playing field” for lending startups in Brazil, say fintech leaders

New and established fintechs are entering point of sale financing, taking advantage of demand for a new type of credit

Brazilian digital lender expects strong portfolio growth this quarter, and also preps new products, Mexico launch, says CEO Sergio Furio

Outlook 2020: AI, open banking and institutional processes are biggest priorities for digital and innovation leaders at LatAm banks in 2020

Brazilian banks face a series of challenges to deal with open banking, says Márcio Schettini, retail banking head at Itaú

SoftBank’s innovation fund has picked the low hanging fruit in LatAm already, will invest at a slower pace now, says Paulo Passoni

Biggest hurdle for users to become loyal regulars comes early in the life cycle, says CEO and founder of Brazilian digital bank Neon

Brazilian merchant acquirers are developing super apps, loan products and banking platforms as core business gets tough

Loan losses at Mercado Credito Brazil highlight the difficulties of fine-tuning digital lending businesses

Customers are flocking to digital channels, but two Credicorp business areas show the downsides of digital transformation

Mexicans made 39,000 payments through CoDi in the first month of operations, with half of those through one bank, according to the latest statistics.

Brazil’s official instant payments-system based on QR codes is taking shape, even as banks and fintechs develop their own apps

Brazilian banks employ APIs as they look to capture greater share of the retail market

Brazilian bank’s digital payments platform boasts digital onboarding and a frictionless experience

In Brazil and Mexico, banks brace for competitive shake up as data sharing rules are defined

As big tech companies are moving into finance, banking as a service is emerging as a new business area for financial institutions