País: Uruguay

Interest-bearing accounts: Fintechs vie to attract user savings
This week, we report on the growing competition in the region’s market for interest-bearing accounts….

Five fintechs reinventing the remittance business in LatAm
The market for remittances is complex and that makes it ripe for disruption. We present five fintechs that are innovating cross-border payments in Latin America…

Friday Briefing: Beyond bank commissions
It’s a busy week for payments news: Today, we talk to Belvo about the future of digital acquiring now that it is a payment initiator in Brazil, and we get the latest on open finance in that country. Plus, Bitso has enabled crypto payments using QR in Argentina, and Colombia’s central bank is preparing to start operating an instant transfer system in 2023….

Acquisitions and rebundling were key trends of 2021
#Series2021: Fintechs bought banks and other startups to expand their product offering as rebundling gathered pace, above all in Mexico…

To scale, digital payments must be as easy as sending a message
Cash is retreating, but there is still plenty of room for financial institutions to roll out intuitive solutions, says the head of payments systems at Mexico’s central bank. …

Interview: Banks should be customers’ invisible partner
Banks must invest in innovation in order to change their negative image, even though it may take time before they see the results, says Claudio Rodrigues, technology leader at Banco Ripley in Chile…

Bank and startup acquisitions are rising in LatAm’s hot fintech market
A trend of fintech and bank mergers & acquisitions is gaining momentum in Latin America…

Crypto businesses of the future will leverage payments and credit
The financial industry is exploring the use of cryptocurrencies in payments or as collateral for loans…

Bitso becomes LatAm’s first crypto unicorn, Brazil’s banks launch WhatsApp Pay
This week’s key fintech and digital banking news: Bitso becomes the first crypto ‘unicorn’ in Latam; Ame acquires Nexoos; Brazilian banks launch WhatsApp Pay, and more…

Fintechs face growth capital and regulatory challenges in the “new normal”
Fintech is booming across Latin America and the Caribbean, but regulation and access to post-seed stage capital remains challenges, say industry specialists…