Digitizing Payments In Latin America – December 2021

LATAM Consumers Embrace Neobanks As Legacy Bank Infrastructure Stifles Digital Transformation

Digitizing Payments In Latin America – December 2021

Latin American consumers are ditching legacy banks in favor of service providers that better meet their mobile-first banking needs. In the “Digitizing Payments In Latin American Playbook,” a PYMNTS and Kushki collaboration, Brad Liebmann, CEO of Brazilian FinTech alt.bank, discusses how outdated infrastructure is hampering the ability of legacy FIs to satisfy consumers’ evolving needs.

Inside the December Playbook

  • An interview with Brad Liebmann, CEO and founder of mobile-only Brazilian FI alt.bank, on how outdated infrastructure could be hampering legacy FIs’ ability to capture Latin America’s newly digital consumers
  • Recent Latin American payments headlines, including how the Central Bank of the Argentine Republic launched its Transferencia 3.0 program to support QR code payments throughout the country and how 40% of Latin American consumers opened bank accounts during the past year
  • A Deep Dive examining how Latin American legacy FIs can work to innovate their banking offerings and features to better appeal to digital-first consumers

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    Digitizing Payments in Latin America