In the coming age of B2B virtual card payments, Mastercard's Receivables Manager brings automation to AR teams.
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Credit granted by fintechs in Brazil reached 55 billion reais in 2021, up tenfold in the 2016-2021 period, according to Serasa Experian.
Instant payments are growing in LatAm, but experts at Ebanx Payments Summit call for strong central bank regulation to break banks' dominance.
Last year, 16 fintechs were authorized in Mexico. Among them, Albo, Belvo, Todito Pagos, Mercado Pago and Femsa's Spin by Oxxo.
Mastercard announced the launch of their Account Opening solution at Fintech Nexus USA 2023, streamlining verification and reducing fraud.
Salt Labs, which helps lower-income workers but does not subtract from their earnings, has recruited Ted Benna, the father of the 401(k), as an advisor.
Along the companies trying to soften the crisis impact on their business was Mexico's Bitso, one of the largest crypto exchanges in LatAm.
GenAI has a lot of potential in financial services, but accuracy may be holding it back. Human interaction could help.
While VC funding to Latin American startups saw a year over year decline, the fact that it is stabilizing offers hope to the industry.