Entidad: Banks

WhatsApp banking takes off in Brazil
Brazilians are rapidly taking to the messaging app WhatsApp to chat with Bradesco’s bot and renegotiate debt at Banco do Brasil, as digital banking surges in Brazil…

Credicorp targets Chilean retail banking market with app launch
Credicorp is taking aim at the Chilean retail banking market with the launch of a new digital banking app, Tenpo, through the corporate venture arm Krealo…

AI, cultural change and open banking: LatAm bank tech priorities in 2020
Digital transformation executives at Latin America’s biggest banks say artificial intelligence, internal culture and open banking regulations will be major areas of focus in 2020…

Payments revolution and an investment wave: LatAm fintech in 2019
Two major trends defined Latin America’s financial technology sector in 2019: disruption in payments and startup investment…

Brazilian banks face triple hurdle in open banking: Itaú’s Schettini
Brazilian banks face a series of challenges to deal with open banking, after Central Bank publishes plans for open banking regulations, says Márcio Schettini, retail banking head at Itaú…

“Inertia” is our biggest competitor, says Neon Pagamentos’ Pedro Conrade
The biggest hurdle to turn users into loyal regulars comes early in the life cycle, says CEO and founder of the Brazilian digital bank Neon Pagamentos, which plans to improve lending products for individuals and small businesses with its newly-raised Series B capital…

Stone, Cielo and PagSeguro race into banking services
Following an industry shake-up in services and fees for merchants earlier this year, the biggest merchant acquirers are turning to lending, banking and software products to make up revenue
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The cost of digital transformation, according to Credicorp
Credicorp customers are rapidly taking to digital channels – but fee income and loan provisions are suffering…

Fintech Snapshot: October 2019
Another LatAm fintech joined the unicorn club, Carrefour Brazil bought a fintech and Bitso received an investment from top crypto players….

CoDi usage builds as banks grapple with payment processing speeds
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….