Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Romance languages such as Spanish and Portuguese are predominantly spoken; it is broader than the terms Ibero-America or Hispanic America.

(source: en.wikipedia.org)

Nuvei and Visa Team to Offer Visa Direct in Colombia
Nuvei and Visa Team to Offer Visa Direct in Colombia
June 03, 2024  |  Partnerships

Nuvei says it is the first global payments provider offering Visa Direct in Colombia, via a new partnership with Visa. “Offering instant payouts through Visa Direct supports our strategy of...

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Circle Brings USDC to Users in Brazil
Circle Brings USDC to Users in Brazil
May 29, 2024  |  Cryptocurrency

Stablecoin issuer Circle says it has officially launched in Brazil. The expansion into South America’s largest country gives Circle the chance to offer its popular...

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Banco Inter to Gain Full Ownership of Merchant Acquirer Granito
Banco Inter to Gain Full Ownership of Merchant Acquirer Granito
May 28, 2024  |  Acquisitions

Brazilian bank Banco Inter, a business unit of Inter&Co, plans to acquire the remaining 50% of merchant acquirer Granito, giving it full ownership of the company. Granito, which...

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Ripio Expects Growing Adoption of Crypto Among Latin American Businesses
Ripio Expects Growing Adoption of Crypto Among Latin American Businesses
May 24, 2024  |  Cryptocurrency

Latin American cryptocurrency exchange Ripio is reportedly making payment and tokenization products for businesses a bigger part of its offerings. The company is doing so even as its retail...

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MercadoLibre Joins Discussions to Apply for Mexican Banking License
MercadoLibre Joins Discussions to Apply for Mexican Banking License
May 21, 2024  |  Banking

MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators...

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What Are Merchants in Mexico Doing to Boost In-Store Sales?
What Are Merchants in Mexico Doing to Boost In-Store Sales?
May 20, 2024  |  VISA

Across Mexico, more consumers are turning to digital shopping features that offer savings and improve convenience while shopping in the store. Consumers enjoy walking into...

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TransNetwork Acquires Inswitch to Facilitate Cross-Border Payments in Latin America
TransNetwork Acquires Inswitch to Facilitate Cross-Border Payments in Latin America
May 15, 2024  |  Acquisitions

TransNetwork has acquired Inswitch to accelerate the development of its digital product suite for cross-border payments in Latin America. The acquisition will add Inswitch’s regional expertise and its...

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Nubank Marks 100 Million-Plus Digital Banking Customers
Nubank Marks 100 Million-Plus Digital Banking Customers
May 08, 2024  |  Digital Banking

Brazilian digital bank Nubank now has more than 100 million customers. The company announced the achievement in a Wednesday (May 8) press release, saying it was the...

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MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
May 07, 2024  |  Digital Payments

Banks in Argentina are reportedly accusing eCommerce giant MercadoLibre’s payments platform of anti-competitive practices. MODO, a digital wallet backed by dozens of Argentine lenders, claims that the company forces...

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