PYMNTS

SEPTEMBER 28, 2016

Corporate payments firm WEX is pushing virtual card technology within Latin America and has announced a new partner to help the cause. Argo will integrate WEX’s virtual card number (VCN) technology as an additional payment option for its corporate and travel agency clients.

America 100

America Cards Regional Payments 100

PYMNTS

MAY 6, 2019

That holds especially true for the Asia-Pacific region, as InstaReM CEO and Co-Founder Prajit Nanu discussed with Karen Webster in a new PYMNTS podcast interview. Credit Cards. people in Asia “don’t like to use credit cards , but a significant part of eCommerce is happening in this part of the world,” Nanu said.

Cards 202

Cards Payments Regional Operations 202

PYMNTS

OCTOBER 19, 2020

When performing at their highest and best level, the various rewards points offerings designed by card issuers can be very sticky engagement tools for consumers, turning their card spending into a method for generating value. That’s because the answers can be far more regional, demographic and even individual in many cases.

America 283

America Regional Cards Tools 283

PYMNTS

FEBRUARY 2, 2018

bank is banning customers from purchasing cryptocurrencies using its credit cards, according to Bloomberg reports. Bank of America (BofA) officially announced it “will begin declining credit card transactions with known cryptocurrency exchanges” today through a memo distributed to employees on Thursday (Feb.

America 113

America Cards cryptocurrency Bitcoin 113

PYMNTS

FEBRUARY 28, 2020

To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps, to Latin America. Separately, in terms of fraud against companies, banking trojans, malware and ransomware have been coming from the Latin American region, the paper said.

America 217

America cryptocurrency Regional ATM 217

PYMNTS

MAY 17, 2017

The International Card Manufacturing Association (ICMA) is out with a new report that finds 70 percent of all financial cards have a chip embedded in them. In a press release issued Tuesday (May 16), the ICMA said chip cards account for 88.6 percent of revenue for cards globally manufactured in 2016. in revenue in 2016.

Cards 126

Cards Regional America Marketing 126

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. In Latin America, the infrastructure mainly relies on banks to provide kind of these types of services to the SME segment. trillion globally, according to Shoihet.

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United States Regional America Trends 286

PYMNTS

FEBRUARY 17, 2020

But among the most greenfield markets are those found in Latin America, where mobile devices may have high penetration, but traditional banking services do not. Consider the fact that the World Bank has estimated only 55 percent of adults in the Latin America and Caribbean regions have access to bank accounts.

America 250

America Cards Mobile Data 250

PYMNTS

JANUARY 19, 2021

That’s especially urgent, he said, given the increased eCommerce Scalefast is seeing in corridors connecting firms and customers in North America and Europe, in Latin America and the Asia-Pacific (APAC) region. And everyone, he said, wants to crack the Chinese market.

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Branding Taxes Fraud Regulation 322

PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. Healthcare seems likely to play a role.

America 109

America Regional Mobile Regulation 109

PYMNTS

MARCH 11, 2016

Latin America is a land of opportunity, but it also presents challenges that demand an on-the-ground understanding of commerce and transacting within the various countries and cultures that it comprises. Another key factor is that over 60 percent of eCommerce in Latin America is done via installments. “If

America 100

America Payments Fraud Case Study 100

PYMNTS

FEBRUARY 18, 2020

Rapyd is also joining Visa’s FinTech Fast Track program “as an enablement partner,” and now issues Visa cards in the U.K. Rapyd aims to expand its issuing and acquiring footprint across other regions. ” Commercial card technology can ease multiple pain points in B2B payments. .

Fintech 206

Fintech Cards Customer Experience Regional 206

PYMNTS

AUGUST 11, 2019

Shops in Mexico started asking customers to pay with cash after several of the country’s biggest banks started having issues handling debit and credit card payments, Reuters reported on Saturday (Aug. Reuters reported that it was not immediately clear whether cards other than those issued by Banorte, HSBC and Santander were affected. .

Cards 116

Cards San Francisco Regional Capital 116

PYMNTS

FEBRUARY 13, 2019

Prepaid debit cards are playing an important role. Eventually, the organization had to rely on prepaid debit cards, specifically for moving money from “New York to Colombia and Ecuador to buy more cocaine.” After the cards arrived in South America, the cartel hired workers to withdraw the money from ATMs.”. Too Much Cash.

Cards 147

Cards Operations New York City Regional 147

PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. London-based Volopa has unveiled contactless multi-currency prepaid cards geared toward businesses and consumers, according to reports. In addition, U.K. In the U.K.

Cards 138

Cards Analytics Mobile ATM 138

PYMNTS

FEBRUARY 13, 2020

Visa President Ryan McInerney said that beyond the core card business there remains the opportunity to “capture new flows of money using our expanding network of networks.” The truth is that we are just getting started with the electronification of payments in North America,” he said. At its investor day presentation Tuesday (Feb.

Payments 163

Payments Regional America Cards 163

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Coupa Connects With American Express For B2B Virtual Card Payments.

Cards 130

Cards Innovation Management Fraud 130

PYMNTS

MAY 10, 2018

According to a press release from Market Research Future , North America is the leader in the wireless POS market as the region has “advanced technological infrastructure.” As a result, the region can be an “early adopter” of the technology. Card Payment Acceptance. Mobile Wallets.

America 114

America Regional Mobile Cards 114

Celent Banking

APRIL 25, 2016

Digital is the new reality in Latin America. In Latin America the major milestones in Digital development we had seen were Nubank (Brazil – Market Cap $500M) and Bankaool (Mexico – ~$142M in assets), until March of 2016 when Banco Original (~$1,67Bn in assets) launched in Brazil.

America 100

America Digital Banking Strategy Fintech 100

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

America 165

America Regulation Regional Tools 165

Bank Innovation

OCTOBER 9, 2017

The partnership, announced last week, brings Mastercard into PayPal as a payment option across the globe — moving into regions like the Middle East, Africa, the Caribbean, and Latin America, among others — essentially enabling PayPal […].

Regional 170

Regional America Payments Cards 170

PYMNTS

OCTOBER 20, 2020

But he said that since the region’s average monthly income is less than $400, “we knew if we wanted to go massive, we would have to go downscale.”. Despite low average incomes, Latin America offers a huge overall market size and growth potential. The spirit of the people in Latin America will prevail.”.

Company 184

Company America Kentucky Regional 184

PYMNTS

APRIL 29, 2020

As defined regionally, the U.S. billion, and total cards in the field gained 5 percent to 2.6 There have been signs of stabilization in regions such as Asia, management said on the call. Cross-border payments can be broken down roughly between card present and card not present transactions. percent to $810 billion.

Regional 161

Regional Cards Conference America 161

Bank Innovation

MAY 11, 2017

rehabilitation and growth has lagged behind the rest of the world, youth unemployment in the region continues to grow, political unrest is destabilising the continent, the progressive socio-economic pledge of Europe is being challenged and vitally, Europe has failed to develop any new corporate global powers for the digital age.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

OCTOBER 13, 2019

The move is another move by Japan’s SoftBank Group — which is a shareholder in Uber — to integrate its business in Latin America. In July, Uber partnered with Mastercard and financial institution BBVA to offer a debit card to drivers in Mexico to promote banking in what is mostly a cash country.

United States 137

United States America Regional Innovation 137

PYMNTS

JULY 15, 2019

And in terms of cards, the company said that revenues from that segment were up 4 percent year over year to $4.9 Citi-branded card spending was up 2 percent in North America. The company said in its supplemental materials that in North America, the branch count was off by 1 percent, to 668, but average deposits gained 2 percent.

Cards 100

Cards America Regional Operations 100

PYMNTS

OCTOBER 14, 2019

The subscription commerce sector is growing, with Asia-Pacific, Europe and North America-based subscription companies experiencing more than 300 percent growth in subscription sales from 2012 to 2019. Cards get turned off, expire or are lost, consumers move and billing ZIP codes change. Emerging Markets .

Regional 100

Regional Cards Survey Payments 100

PYMNTS

SEPTEMBER 26, 2018

25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. The study noted that there are some regional differences, as 77.8 percent of firms in the Asia Pacific region were fully PCI compliant, far outpacing the 46.4

Compliance 134

Compliance Regional America Survey 134

PYMNTS

OCTOBER 8, 2020

Marqeta , the high-flying card issuing platform, is getting a financial boost from a longtime business partner, Mastercard. The California-based FinTech, whose open API platform enables companies like Square, DoorDash and Instacart to issue credit and debit cards and process payments, announced Thursday (Oct.

Cards 164

Cards California Regional America 164

PYMNTS

OCTOBER 20, 2020

Panelists included Jay Dearborn, president at WEX Corporate Payments; Greg Bloh, CEO at Transcard; Muhammad Chbib, CEO at Tradeling; Simon Barker, CEO at Conferma Pay; and Brad Garfield, head of product for commercial cards and comprehensive payables in global transaction services at Bank of America. Delving Into Card Acceptance.

Payments 261

Payments Cards Tools Fintech 261

PYMNTS

APRIL 23, 2019

There has been a lot of interest from China toward the Latin American region, with companies like Didi Chuxing , Huawei and Baidu all looking for investments in the area. It’s about learning from their experience in China and in other Asian markets to inform our Latin America strategy,” Barbieri told Reuters.

Mobile 155

Mobile Metro Regional America 155

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Turning to the Americas — defined as the U.S., Cards are perhaps proving a sticking point in the move toward electronic payments.

ATM 192

ATM Millennials United States Study 192

PYMNTS

NOVEMBER 11, 2020

To get a sense where all this might be headed, earlier this year, the company’s Osvaldo Giménez , executive vice president and CEO of FinTech, which includes Mercado Pago, told PYMNTS, “the most relevant variables across Latin America are banking penetration and credit card penetration.” And mPOS has also been gaining traction.

America 178

America Operations Regional Survey 178

Bobsguide

SEPTEMBER 19, 2018

Remittances to Latin America are big business. According to research by The Dialogue, the value of remittances to 17 countries in the region grew by over 8% from 2016 to 2017, reaching over $75bn. economic growth for the entire region. This increase far exceeds the World Bank’s forecasted 1.2%

Regional 95

Regional America Cards 95

PYMNTS

JANUARY 18, 2019

Mastercard ‘s commercial card spend management solution In Control has been integrated into the accounts payable (AP) automation platform of MineralTree , the companies said in a press release on Thursday (Jan. MineralTree, meanwhile, has partnered with Visa in the past to support the adoption of commercial cards in accounts payable.

Cards 138

Cards Community Bank Tools Management 138

PYMNTS

JANUARY 21, 2019

found that Chinese tourists are traveling to more destinations, including Latin America, the Balkans, Laos and Myanmar. In order to meet the payment needs of the travelers, UnionPay said it has extended its footprint to 174 countries and regions. Another survey by glz.com.cn On the eve of the Spring Festival, merchants in the U.K.,

ATM 115

ATM Regional Georgia America 115

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . the Brazil-based firm is on a path to becoming the most valuable startup in Latin America. But before partaking in blockchain bacchanal ….

blockchain 147

blockchain Payments Regional America 147