Brazil’s bold steps toward digital adoption and the launch of instant payments network Pix are slowly chipping away at cash. It's why Luis Silva, CEO of payment network provider CloudWalk, tells PYMNTS he and others have high hopes for the burgeoning digital payments market in...
As the world adopts digital payment options at a breakneck pace, Latin American countries have typically lagged in the shift away from cash to alternative payment methods, including digital wallets, QR codes and other contactless payment options. With recent research indicating that economic growth is...
As the global economy becomes increasingly digital, the prospect of bringing economies that have long depended on cash into the digital world remains one of FinTech innovators’ greatest challenges. The stakes are high, as digitizing the payment process and encouraging citizens to take full advantage...
Financial institutions (FIs) and FinTechs anxious to usher Central American and Caribbean countries into the global digital payments stage face cultural, historical and regulatory hurdles — even though the transition is critical to the region’s economic future. In the "Digitizing Payments In Latin America Playbook,"...
June 02, 2022
As the world adopts digital payment options at a breakneck pace, Latin American countries have typically lagged in the shift away from cash to alternative payment methods, including digital wallets, QR codes and other contactless payment options. With recent research indicating that economic growth is more sluggish for cash-reliant societies than for those shifting to […]
May 10, 2022
The pandemic pushed governments, businesses and consumers worldwide to look at the importance of digitization as the world becomes increasingly connected. Countries with digitally inclined consumers found value in adapting...
March 08, 2022
Engaging and retaining the loyalty of younger consumers such as millennials and Generation Z is becoming a top priority for the world’s financial institutions (FIs) and retailers as these generations...
February 25, 2022
Homebound consumers worldwide tapped virtual channels to conduct their grocery and retail shopping or to stream movies, TV and music throughout the pandemic, leading to a boom in virtual streaming...