Digital channels
Covid-19 lifts e-commerce usage in Latin America
As covid-19 drives a surge in e-commerce purchases, digital retailers are facing a unique set of challenges…
Digital banking gets Covid-19 push – but can it last?
Banks’ digital channels in Latin America are getting a sharp boost from coronavirus social distancing. But will this become a long-term trend?…
Coronavirus: Demand for fintech loans jumps in LatAm
The economic shock of the COVID-19 pandemic is having a fundamental impact on Latin America’s lending and leasing fintechs…
Coronavirus & Fintech: A test for digital channels
As the economy heads for recession induced by the coronavirus pandemic, fintechs are bracing for a slowdown in investment. But could digital channels ultimately get a boost from the turmoil?…
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….
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…
“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…
The cost of digital transformation, according to Credicorp
Credicorp customers are rapidly taking to digital channels – but fee income and loan provisions are suffering…
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….
Brazil gets closer to QR-based instant payments
Brazil’s central bank-backed system for instant payments based on QR codes is taking shape, even as banks and fintechs develop their own apps…