The agreement for the acquisition of NetPay had been announced in November 2022. FEMSA had owned minority shares in the fintech since 2019.
Another week with no major news from the banking system as the challenges of last month have been kept in check.
The concept of embedded finance isn't new, but the modern form of the distribution model is emerging as a global payments force.
The desire for increased financial inclusion is a primary driver behind the increased use of alternative data in lending decisions, a new report from LexisNexis Risk Solutions finds.
Digital bank Zenus to acquire LatAm-focused payments fintech Fuex as it seeks to expand its reach to Latin American clients.
Join us live for our weekly news roundup show with hosts Todd Anderson and Peter Renton, with special guest Kat Utecht.
While it is no surprise that recent market shenanigans have caused investors to shed their cryptocurrency holdings, some are leaving the asset class more than others. This is among the findings of recent research conducted by the Financial Health Network.
BTG's recent move anticipates a scenario that should be commonplace starting next year in Brazil.
Union Credit's platform provides credit unions with new, credit-worthy members by aggregating consumer data and matching it with various credit union fields.
The issue of privacy remains fundamental in CBDC design. The AEI published a vision for a financial system with the coin as its cornerstone.