Entidad: Banks
Friday Briefing: Inter gets green light for migration to Nasdaq
Banco Inter prepares to transfer its shares to Nasdaq. Mercado Pago obtains its operating license in Mexico and inaugurates its investment service in Brazil. And Nubank starts offering crypto trading to Brazilian customers….
Friday Briefing: Argentina stomps on banks’ crypto moves
Argentina’s Central Bank moved quickly to stamp out banks’ incipient forays into crypto. Meanwhile, Xepelin nabbed a good-sized Series B round, and Colombia set out priorities for the next intake to its regulatory sandbox. This and more in our weekly summary…
What will it take for open finance to accelerate in Brazil?
The future of open finance in Brazil is promising in terms of inclusion but insufficient public awareness is a drag on participation…
Friday Briefing: Brazil’s senate approves crypto regulatory framework
We analyze the progress of Brazil’s regulatory framework for cryptocurrency. In addition, Mercado Libre initiates legal action against Argentina’s central bank, alleging it took measures that are detrimental to its payments business. We also look at the Argentine debut of Revolut. …
Remittances in LatAm are digitalized… little by little
The amount of money being sent to LatAm is breaking records. However, the industry continues to rely on cash and physical channels, and both fintechs and traditional players see blockchain as a potential game changer…
Convenience or safety? The key to tackling financial cybercrime
Financial institutions must strike a balance between multi-factor authentication and a frictionless user experience…
Gender equity: a challenge for financial inclusion
In Latin America, only 15% of women receive the support of a bank to finance their business ventures, according to an IDB study.
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Friday Briefing: Credicorp hunts for cryptocurrency business models
Peruvian bank BCP begins its dive into the crypto world, while CBDC use cases take a step forward in Brazil. Ualá customers report accounts being emptied, Creditas closes 2021 in the red. …
Santander’s PagoNxt envisions collaboration with big tech, not rivalry
Santander payments fintech anticipates opportunities to become the third largest provider of electronic payments in Latin America…
Friday Briefing: Nubank and Mercado Libre post mixed 2021 financial results
Nubank and Mercado Libre published their financial results. Nu also received a license in Mexico and crypto fintech Belo launched a new prepaid card….