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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248
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Regulation, Not Fintech, Will Have the Biggest Impact on Banks

Bank Innovation

The unit surveyed 200 global banking executives to investigate the challenges retail banks face in the years to 2020. In North America regulation was the top concern. “This year is marked by a sharp regional divergence about which rules […].

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Kony Wants to Help Smaller FIs Provide ‘Differentiated’ Mobile Banking

Bank Innovation

However, for those regional banks or credit unions without the assets of a Bank of America or JPMorgan Chase, providing a tailored […].

Mobile 281
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Today In Retail News: Philadelphia Mall Reopens, Ralph Lauren Cuts Workforce

PYMNTS

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. Mall of America To Provide 'Community Commons' For Local Companies. Philadelphia Mall Owner Takes Care Of Its Own.

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Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

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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Helping Brands: D2C Brands Tap New Business Models To Shorten 'Time To Commerce'

PYMNTS

With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”. 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.

Branding 322
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Grocers Consider Checkout Line-Free Future With Unattended Retail

PYMNTS

To help shoppers check out without waiting in line, grocery retailers are rolling out entire stores centered around cashierless shopping experiences, enabling consumers to purchase fresh food and grocery items with a mobile payments app. ABI Research predicts that one million automated retail units will be in the Asia-Pacific region by 2023.

Retail 161