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Global financial technology company MoneyGram International has entered into a strategic partnership with financial technology app barraq.
cross-border payments, partnership, fintech, financial services
Bruno Diniz, Managing Partner at Spiralem, discusses the rapid global adoption of blockchain solutions, bridging the gap between traditional finance and crypto-assets.
blockchain, CBDC, crypto asset, digital assets, digitalisation
US-based financial and payments infrastructure provider NovoPayment has partnered with Mastercard to support its expansion into Mexico.
partnership, BaaS, payments , expansion, fintech
The government of Venezuela has ended the Petro (PTR) cryptocurrency, founded in 2018 to support the nation’s currency due to an overwhelming economic crisis.
cryptocurrency, cryptocurrency exchange, financial sanctions, digital assets
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
Spain-based bank BBVA has implemented a business banking service model that speeds up account opening for multinationals when they expand to new countries.
bank account, expansion, cross-border logistics, digitalisation, banks
VU, a global cybersecurity company has partnered with NovoPayment, a digital payment solution provider, aiming to reshape digital payments and fraud prevention.
partnership, fraud prevention, BaaS, digital payments
US-based payments and money transfer company MoneyGram has partnered with Venezuela-based bank Banesco to expand its digital receive network.
partnership, product launch, cross-border payments, remittances, digitalisation
The government of Venezuela has announced that it plans to integrate Mir, a Russian electronic card and transfer payments system.
payments , payment processing, SWIFT, cross-border payments, inflation
Irene Skrynova, Chief Customer Officer at Unlimint, discusses the main trends impacting the payments space in LATAM emerging markets and shares pointers for global merchants who wish to expand to new geographies.
cross-border payments, ecommerce, marketplace, merchants, digital wallet, local payment method, payment methods
UK-based global fintech Unlimint has expanded its alternative payment methods portfolio with the addition of Brazil-based online payment solution, Mercado Pago.
partnership, expansion, payments , online payments, payment methods, cross-border payments, ecommerce, merchants, B2B payments, financial services, payment processing, digital payments, e-wallet, payout, fintech
Spain-based bank BBVA has partnered with BAC Credomatic to enter the Central American market and offer transnational transaction services.
banking, BBVA, bank account, cross-border payments, SWIFT, expansion
Digital payment and banking technology provider i2c has partnered North International Bank (NIBank) to launch a Mastercard Black Card in Latin America.
partnership, product launch, card scheme, payment methods, Issuer, banking
payment methods, cryptocurrency, crypto payments, NFT, ecommerce, digital payments, digital wallet
US-based fintech Inswitch has partnered Binance to launch on-off ramp services in the context of rising cryptocurrency adoption in Latin America.
cryptocurrency, partnership, digital assets, crypto asset
Canada-based digital identity company Trulioo has updated its coverage across Latin America, expanding access to the Dominican Republic and Uruguay and strengthening data sources in Colombia and Mexico.
expansion, fintech, digital identity, KYC, KYB, AML
The Russian and Indian Governments have gotten closer to an agreement to have cards based on Russia’s Mir payment system be accepted at ATMs and POS in India.
Russia Ukraine War, financial sanctions, UPI, cross-border payments
US-based ecommerce platform Yummy has raised USD 47 million to grow its delivery, ride-sharing app in LATAM.
ecommerce, delivery, funding, expansion, super app
Luis Cadavid, the founder of 1931.io, portrays the crypto space in LATAM, focusing on the region’s energetic potential for mining crypto
cryptocurrency, Bitcoin, regulation, transactions , unbanked, cryptocurrency exchange, digital assets, crypto asset, crypto, financial services
US-based startup NovoPayment has raised USD 19 million in Series A funding round co-led by IDC Ventures and Fuel Venture, to expand its full-stack banking API platform.
expansion, funding, crowdfunding, API, online payments, online platform, BaaS, card scheme, payments infrastructure