The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. And...
Brazilian digital bank Neon is gearing up for another big wave of expansion after landing hundreds of millions of dollars in venture capital funding. Get...
As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. Get...
A decade ago, when Brazil’s RecargaPay first debuted, a glance around the global payments ecosystem would have shown a similar pattern. The world’s largest digital...
Western Union Co., the cross-currency payments and money mover, announced Thursday (Aug. 6) it has expanded services between its business solutions division and Banco Semear, the Brazil bank, to offer GlobalPay....
That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue —...
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With nearly 50 percent of the Latin American population unbanked, there's a growing appetite for mobile banking services. And the ongoing pandemic is only accelerating...
Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Get the Full Story...