Brazil dances to victory in Danske’s World Cup model
Bank uses its football World Cup model to predict the outcome.
South America
Banco de Chile loses $10m and 9,000 hard drives in hack
The bank reports it was forced to disconnect every PC and terminal.
Banco Brandesco first bank in Brazil to join Swift gpi
Banco Brandesco wants faster and more traceable payments with gpi.
Santander café branches in Chile include Zytronics biometric touch screens
Is it a bank? Is it a café? It is both!
Instarem buddies up with BeeTech for payments on blockchain
Will use Ripple’s network RippleNet for action in Asia-Pacific and South America.
PayPal to buy iZettle for $2.2bn ahead of IPO
Largest acquisition in its history.
Morgan Stanley bets on Brazil’s fintech lending boom
Follows the well-heeled footsteps of Goldman Sachs.
Banco del Pacifico live with new digital onboarding tech
Ecuador-based bank using Cyberbank Omnichannel from Technisys.
Global Findex 2017: financial inclusion on the rise but gaps remain
Globally, 69% of adults – 3.8 billion people – now have an account at a bank or mobile money provider.
Nubi turns to Mambu for core banking tech
Nubi selects Mambu to underpin its digital services in Argentina.
Nubank turns to Acesso Digital for facial biometrics tech
Brazilian fintech Nubank leverages facial biometrics to help combat credit card fraud.
Top fintech stories this week – 20 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Regulatory sandboxes in LatAm and Caribbean – Inter-American Development Bank report
Available in English and Spanish.
Openbank extends Temenos deal to wealthtech
Openbank has extended its contract with Temenos to include the latter’s wealthtech offering.
Startupbootcamp FinTech looks for LatAm loving start-ups
It’s all lovely as all early stage firms from around the world can apply.
Top fintech stories this week – 13 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
IFC and Fidor to champion financial inclusion in Africa and LatAm
MOU to identify opportunities to expand digital banking services to boost financial inclusion.
Apple Pay arrives in Brazil
Via an exclusive partnership with Itaú Unibanco.
Brazilian challenger Nubank bags $150m funding
Taking on the big banks and making inroads in the credit card space.
Airfox targets Brazil’s unbanked with Android app launch
Start-up’s platform is built on blockchain and it plans to offer microloans.
Fintech funding round-up: 27 February 2018
From the US to Brazil – stars Pagaya Investments, C2FO and RecargaPay.
Montserrat gets blockchain Bitt for digital payments
Get that atlas out! Barbados-based Bitt’s DLT to fuel ecosystem for small Caribbean island of Montserrat.
Trustbank Amanah goes live on Path Solutions’ iMAL core banking system
The first Islamic bank in Suriname opts for system from Path Solutions.
Santander and Ripple to launch blockchain-based consumer payments
Santander will launch DLT-based international payments for retail customers in Spain, Brazil, Poland and the UK.
Finabank in core banking tech revamp with Temenos and Sofgen
Finabank in Suriname has signed for a front-to-back office suite of tech from Temenos.
Brazil’s Banpará Bank enters video banking realm
Implements TrueConf’s video conferencing solution into its first branch.
Mambu powering Wenance’s Latin American expansion
Will be using its Software-as-a-Service (SaaS) core banking system.
Moneycorp expands with acquisitions in Brazil and UK
The Moneycorp Group will acquire Brazilian foreign exchange business Novo Mundo Corretora de Cambio, and UK-based currency firm First Rate FX.
Itaú Unibanco in wealthtech revamp with Temenos
Itaú Unibanco, Latin America’s largest banking group, has signed for a new core banking solution – Temenos’ T24 – for its international private banking business.
BBVA and Wave test blockchain-based international trade transaction
BBVA, working in collaboration with Wave, performed the first blockchain-based international trade transaction between Europe and Latin America.
Financial innovation in LatAm calls for open collaboration with start-ups
Fintech is upending the way we understand the financial sector in Latin America; financial services are experiencing deep transformations as a result of start-ups’ love for change driven by new technologies.
Nubank reaches out to Brazil’s underbanked with digital banking accounts
Brazilian fintech Nubank will soon be offering digital banking accounts in addition to its credit card business. The move will provide access to billpay, account-to-account transfers, and the ability to earn more in interest than is available with a regular savings account.
Top fintech stories this week – 27 October 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Fintech start-up Ualá targets Argentina’s unbanked with new mobile banking service
Argentina-based fintech start-up Ualá has launched a mobile banking service app to champion financial inclusion in the country.
LarrainVial finally goes live with Temenos’ T24 core banking system
Chile-based LarrainVial has implemented Temenos’ T24 platform – seven years on from signing the contract – as it seeks growth throughout the Americas including in Chile, Colombia, Peru, and the US.
Two new core banking tech deals for Technisys in Brazil and Argentina
EXCLUSIVE: Banking tech vendor Technisys has landed two new deals for its flagship core banking system, Cyberbank Core, and digital channels software, Cyberbank Omnichannel.
PayU pioneers Mambu’s lending platform in Colombia
PayU Colombia has become the first payments services provider globally to implement Mambu’s Software-as-a-Service (SaaS) based core banking solution. It will support PayU’s new short-term deferred payment product.
Nasdaq looking cool with Chile CSD tech revamp
Chile’s central securities depository (CSD), Depósito Central de Valores (DCV), has chosen Nasdaq to revamp its technological infrastructure. Under the agreement, Nasdaq’s CSD solution will include trade and instruction management, settlement, custody, corporate event management and registry capabilities; and full coverage for all types of securities and multi-currencies. In addition, it will support settlement with […]
IBM heats up Chile’s financial sector with blockchain
IBM and Chile’s Santiago Exchange, the largest in the country, have teamed up to introduce blockchain across the country’s financial sector. The agreement makes the Santiago Exchange the “first stock market in Latin America” to apply IBM blockchain within its short selling system for securities lending. Built by IBM and Santiago Exchange, the solution is […]
Brazil’s central bank mulls new rules to boost fintech
The Central Bank of Brazil is eyeing up new regulations this year to oversee and assist fintech firms across the nation, according to Reuters. In a Reuters interview with the bank’s director, Otavio Damaso, he says increased innovation and a growing number of fintechs are all “very positive” for the efficiency of Brazil’s financial system. […]
