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• News ICT Chile,Colombia,...

  Chinese Didi Chuxing readies LatAm expansion

  2/18/19

  Chinese ride-hailing app Didi Chuxing is evaluating launching in Chile, Colombia and Peru. The move would pose a serious challenge for the established players Uber, Cabify and Beat. Didi has moved senior executives from China to...

  
  
• News ICT Argentina

  Argentina blinking on investor radars as Prisma changes hands

  2/15/19

  Multinational law firm Baker McKenzie said the recent sale of 51% of Argentine card payment acquisition and processing giant Prisma for US$724mn was a landmark transaction and that investors have Argentina on their radars. The...

  
  
• Press release ICT Mexico

  BBVA Bancomer strengthens its virtual assistants offer by incorporating Alexa

  2/12/19

  By BBVA Bancomer For BBVA Bancomer, the use of technology and innovation are pillars that seek to make life easier for people, developing solutions such as the virtual assistant, which streamlines processes that would normally take ...

  
  
• News ICT Colombia

  Digital payments roundup: Bancolombia, Amazon.com, Western Union

  2/12/19

  Colombian bank Bancolombia has launched a contactless payment sticker system. The self-adhesive mini card can be stuck to the back of a mobile phone and 85% of all points of sale devices in the country are compatible with the...

  
  
• News ICT Chile,Mexico,...

  Fintech Watch: Sura AM, Scotia startup accelerators in Mexico

  2/8/19

  Sura AM picks collaborators With the second edition of its startup accelerator program, Sura Asset Management (Sura AM) México has chosen four firms from a group of 70 applicants for further collaboration in development of new...

  
  
• News ICT Caribbean,Regional

  Visa launches telemedicine service with AXA

  2/6/19

  Visa, in collaboration with French insurer AXA, launched a telemedicine service for cardholders in Latin America and the Caribbean (LAC), dubbed Visa Médico Online, providing non-emergency medical consultations for premium cardholders....

  
  
• News ICT Mexico

  Mexican crowdfunder aims for 50% growth in 2019

  2/6/19

  Mexican crowdfunding firm Prestadero said it has processed 322mn pesos (US$16.9mn) in loans since launching in 2011 as the country's first fintech to offer community-based lending. In the firm's annual report, Prestadero's general...

  
  
• News ICT Bolivia,Chile,...

  Roundup: Ecuador card rules, Rappi's Chile cash delivery plans, Bolivia e-invoicing

  2/6/19

  Lawmakers in Ecuador have cited officials to explain the reasons behind a decision to change the way the interest on credit card balances is calculated. The national assembly called on finance minister Richard Martínez (pictured),...

  
  
• News ICT Chile

  Chile Watch: web service oversight, blockchain

  2/1/19

  Banking watchdog Sbif has put out to public consultation a proposal to require banks to provide information on the availability of their internet-based services. Lenders would be required to provide information on disruptions, or...

  
  
• Press release ICT Argentina

  Visa Offers Payment Processing Services in Argentina

  1/30/19

  Press release by Visa January 29, 2019 BUENOS AIRES, Argentina--Visa Inc. (NYSE: V) today announced the launch of VisaNet processing in Argentina, a move that will bring new payment innovations and services to Argentine...

  
  
• News ICT Brazil

  Brazil cenbank launches virtual assistant

  1/25/19

  Brazil's central bank launched a virtual assistant to help citizens with queries about loans from banks, foreign exchange transactions and general account information. Dubbed Din, the machine-learning and artificial intelligence-pow...

  
  
• News ICT Colombia

  Colombia Digital Banking Watch

  1/17/19

  The cell phone gateway A study examining Colombians first introduction to the formal market of financial obligations found that contracting a mobile phone plan (35.4%) was the most common way, followed by retail sector credit (31%)...

  
  
• News ICT Argentina

  2nd player steps into Argentina's digital banking arena

  1/10/19

  Argentina's second fully digital bank is up and running, website iProUp reported on Thursday. Brubank, which began operating in testing mode with a limited group of users last year after being given the nod by the central bank, is...

  
  
• News ICT Chile

  Chile ATM operator thwarts potential attack

  1/10/19

  Chilean ATM network operator Redbanc received an alert of a potential cyberattack in December but said that operations were unaffected. In a statement released this week, the company said that it had immediately activated security...

  
  
• News ICT Argentina

  Argentina card transactions rise

  12/31/18

  The number of credit and debit card transactions in Argentina grew 13.3% and 15.3%, respectively, year-on-year in November, local newspaper El Cronista reported, citing research from card industry association Atacyc. Transaction...

  
  
• News ICT Central America,El Salvador,...

  El Salvador cenbank launches app

  12/27/18

  El Salvador's central bank (BCR) unveiled its first-ever mobile app on Wednesday. Dubbed Punto Financiero SV, it will allow people to access contact information and locate ATMs and financial correspondents closest to them, using...

  
  
• News ICT Brazil

  Digital lender Banco Inter reaches agreement to terminate lawsuit

  12/19/18

  Brazilian digital lender Banco Inter agreed to pay 1.5mn reais (US$385,000) to terminate a lawsuit over an alleged leak of client data. Federal prosecutors filed the lawsuit in August after local media reported that personal data...

  
  
• News ICT Brazil

  Bradesco sees aggressive growth of digital banking arm

  12/17/18

  Brazilian lender Banco Bradesco is seeing an aggressive expansion of its digital banking arm Next. Bradesco launched Next at the end of 2017 with the goal of attracting up to 2,500 clients per day. "Now we are seeing the...

  
  
• News ICT Brazil

  Digital lender Nubank to launch debit card

  12/11/18

  Brazilian digital lender Nubank will launch a debit card to make its product range more complete. The move comes only weeks after it received authorization from the country's central bank to operate as a full-service financial...

  
  
• News ICT Argentina,Brazil,...

  LatAm banks still not focusing investments on innovation

  12/6/18

  Latin American banks, in general, continue to focus their tech budget resources on "developed" capacities such as core banking, risk compliance and digital channels - which imply less investment in lagging capacities such as CRM and...