brazil

Brazil Regulator Dismisses Itau Unibanco’s Appeal In Antitrust Case

Brazil Regulator Dismisses Itau Unibanco’s Appeal In Antitrust Case
Brazil Regulator Dismisses Itau Unibanco’s Appeal In Antitrust Case
November 28, 2019  |  Legal & Regulation

Itau Unibanco Holding, Brazil’s largest lender, lost its appeal related to an antitrust case. Earlier this year, Itau announced it would prepay small- and mid-sized...

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Brazil’s Banco Inter Teams With Alibaba, Nike, Others For eCommerce App
Brazil’s Banco Inter Teams With Alibaba, Nike, Others For eCommerce App
November 07, 2019  |  Cross-border Payments

Brazilian Lender Banco Inter is launching an app to give its clients direct access to more than 60 online stores, according to Reuters. The company...

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MercadoLibre To Bolster Investment In Brazil
MercadoLibre To Bolster Investment In Brazil
October 16, 2019  |  Retail

With an eye toward logistics and financial services, MercadoLibre Inc. will reportedly invest over $718 million (3 billion reais) in Brazil next year. The Latin American eCommerce...

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Google Pay Users In Brazil Can Now Pay With Debit Cards
Google Pay Users In Brazil Can Now Pay With Debit Cards
October 14, 2019  |  News

In an effort to grow usage of its Android smartphones in Brazil, Google has introduced a debit card payment program through Google Pay. Reuters is...

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Uber To Team With Brazil’s Banco Inter For Financial Services
Uber To Team With Brazil’s Banco Inter For Financial Services
October 13, 2019  |  Partnerships

A source has revealed that Brazilian lender Banco Inter SA is currently in discussions with Uber about partnering in financial services. The move is another...

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Nubank FinTech Grows Client Base By 25 Pct Since August
Nubank FinTech Grows Client Base By 25 Pct Since August
October 13, 2019  |  Banking

The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters...

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Brazil Bank Managers Suspected Of Money Laundering Involvement
Brazil Bank Managers Suspected Of Money Laundering Involvement
September 27, 2019  |  Cybersecurity

Police in Brazil have raided the residences of managers of Banco do Brasil in connection to their part in a money-laundering scam worth $48 million....

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