Brazilian banks
B89 aims to break the “near-oligopoly” in Peruvian banking
B89, a new Peruvian fintech, is targeting a young client base, unsatisfied with existing banking products. Offering co-working deals and benefits for the environment, founders Javier Salinas and Mauricio Alban-Salas are preparing for launch….
Brazilian open banking moves ahead despite data law postponement
Brazilian lawmakers have delayed data protection laws but are pushing ahead on open banking regulations….
Digital banking and fintech news wrap: Open Banking advances in Brazil, Ualá and Mercado Libre take off, Google and Gates promote digital payments
Top News: Key LatAm digital banking and fintech stories this week…
Nubank’s Mexico strategy: Accounts, loans could follow credit cards
EXCLUSIVE: In Mexico, Nubank is considering offering accounts and loans in addition to credit cards as it seeks to replicate Brazilian success, says country manager Emilio Gonzalez….
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…
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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Mercado Libre struggles with bad debt in Brazil
Loan losses at Mercado Credito Brazil highlight the difficulties of fine-tuning digital lending businesses…
In beta, Itau’s Iti has hundreds of thousands of customers
Brazilian bank’s digital payments platform boasts digital onboarding and a frictionless experience, says project’s director Livia Chanes…
With open banking plan, Brazil takes aim at big banks
Brazilian Central Bank advances with financial data sharing framework, which is set to bring unprecedented transparency – and competition – to the country’s banking system…
Brazil’s Quod brings together AI, big data, for credit risk analysis
Quod, Brazil’s new credit bureau owned by the country’s biggest banks, aims to improve credit scores with deeper data pools and better analytics…