Latin America

International
Meu Dinheiro Claro’s New Mobile Tool
May 26, 2014

Meu Dinheiro Claro, the JV signed by telco Claro (AMX) and Bradesco, one of major banks, was able to add a new tool which allows customers registering via mobile vs. visiting the store and which is expected to boost adoption. Get the Full Story Complete...

Alternative Finances
MoneyGram’s New U.S.-Mexico Channel
May 20, 2014

MoneyGram users who wish to transfer money to Mexico can look forward to much faster processing times. The international money transfer and payment services company has announced a new U.S. – Mexico channel than can move money cross-border from user to user in just 30 minutes....

International
Citigroup Sacks 11 Banamex Employees As More Details Of The $400 M Fraud Emerge
May 15, 2014

The Mexican loan calamity; wherein Citiigroup’s Mexican extension Banamex loaned $400 million to a company that could not pay them back, has thus far has been equal part expensive, embarrassing and generally damaging  for the company. The scandal has now  has claimed its next round of...

Cool
Introducing The ‘Stripe of Brazil’
March 24, 2014

Americans can take online shopping for granted because it is so ubiquitous.  Almost any legal good or service is available to them with nothing more than the click of a button. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Citi Entangled In Money-Laundering, Fraud Probes
March 10, 2014

04 March 2014 Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...

iZettle Joins Clip In Mexican MPOS Race
June 18, 2013

Swedish social payments company and MPOS provider iZettle announced that it will now offer its iOS and Android services in the Mexican market, according to a press release. Mexican merchants are currently being served by recently launched startup Clip, but Square has not yet entered the...