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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America.

Regional 207
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[Infographic] The Challenges and Benefits of Offshore, Nearshore, and Onshore Software Development

Perficient

Whether you are B2B, B2C, or a strategic blend of the two operating models, your consumers expect seamless user experiences powered by custom technology solutions. meaning companies cannot utilize offshore resources and must keep their software development projects in the United States. Nearshore Delivery Benefits.

Software 294
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Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

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After A Century, Barclays Steps Back From Africa Operations

PYMNTS

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

PYMNTS

Mexican drug trafficking organizations responsible for much of the United States’ drug supply commonly rely on multiple money laundering methods, including bulk cash smuggling, to move narcotics proceeds across the U.S.-Mexico That activity accounts for “probably the most significant single source of illicit cash,” the FBI noted.

Cards 147
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Google Goes Global With Free Retail Ad Initiative

PYMNTS

30), the tech and search engine giant said it is expanding its free ad initiative to other regions around the world after a successful debut in the United States earlier this year. Shoppers will be able to find more products from more stores, just in time for peak shopping season across the region.”.

Google 197
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Walmart Tests Store Without Cashiers As COVID-19 Accelerates Change

PYMNTS

The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas. according to local news reports.

Arkansas 280