Entidad: Banks

Chile heads towards open finance regulation
With incoming open banking rules, Chile’s regulator aims to lay the foundations for collaboration between players in financial services.
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PicPay adds 50m users; MACH and EBanx team up; New stats show reality of e-commerce
Key fintech and digital banking news this week: Brazilian digital wallet PicPay adds 50 million users; MACH and EBanx partner; and more….

ID regulations hinder digital onboarding in Mexico
Digital onboarding has accelerated financial inclusion in Mexico, but regulation “still has room for improvement,” say fintech and regulatory experts…

Brazil digital bank C6 expands services, Cora closes $26m Series A
The key fintech and digital banking news this week: Brazilian digital startup C6 Bank adds global investment functions; Bolivia’s Banco Economico launches QR payments; Brazilian fintech Cora raises record-breaking Series A round, and more…

Salaries “on-demand”: Fintechs gain ground in credit niche
Latin American workers’ cash flow struggles are an opportunity for fintechs – but credit must be paired with financial health tools, say industry leaders…

Regulatory sandboxes in LatAm: Fintech test environments take shape
Regulators in several Latin American jurisdictions are opening regulatory sandboxes to drive innovation – but not all see them as necessary…

Top News: Credicorp fintechs expand; Migrante, Baubap, Máximo raise cash
The key fintech and digital banking news this week: Credicorp will internationalize its fintechs, Fintechs raise capital, and more…

Finastra: 5 innovation trends that will transform retail banking in 2021
Consumer banking is set to adopt more open architectures and better leverage data, according to Finastra…

Cryptocurrencies set for LatAm payments growth
Latin American payment networks are increasingly adopting cryptocurrency capabilities – and regulation will be key to give digital money a bigger boost…

Banorte will launch a fintech; Banco Inter competes with Rappi
The key fintech and digital banking news this week: Mexico’s Banorte will launch a fintech; Brazil’s Banco Inter launches a delivery service…