Digital channels

Old infrastructure, new services create fresh bank cybersecurity risks
As old infrastructure meets new technology and services, banks are facing a fresh range of cybersecurity challenges. Argentina’s banks are turning to new authentication strategies in response…

East Caribbean plans world’s first digital currency
Eastern Caribbean Central Bank to test blockchain-based digital dollar, to evaluate financial inclusion and cost-cutting potential…

Brazil plans changes to instant payments
Brazil’s Central Bank is advancing with a new instant payments infrastructure that will allow low-cost transfers around the clock…

BancoEstado plans wallet, aims for scale with ComprAquí
The Chilean bank is preparing to scale its mobile POS system ComprAquí, and studying options to develop digital wallet…

Bradesco, Itaú test selfies, behavioral biometrics
Brazilian banks have used biometric authentication for over a decade. Now they are turning to next-generation technologies including facial, voice and behavioral recognition…

Big data, AI needed for bank cybersecurity, says OAS
Latin American banks should make better use of emerging tech to boost cyber resilience, says Organization of American States…

Distrust, fraud hamper digital payments in Mexico
If the market can overcome fraud and distrust, there’s a lot of growth potential for digital payments in Mexico…

Banxico toughens card issuer rules, encourages innovation
New regulations for debit and credit card transactions in Mexico will encourage tech innovation to fight fraud, central bank hopes…

Bancolombia’s Nequi looks to QR, push messages
New payments methods, biometric authentication, still have an evolution process ahead, says director of the digital-only bank…

Mastercard plans social payments, authentication advances in LatAm
Brazil may be first LatAm market for cards company to offer payments over social media, says executive…