PagSeguro Digital is reportedly planning the creation of a digital bank.
Mexico's central bank clarified that over US$15mn had been stolen in attacks on payment applications in late April, adding that authorities do not know for certain if attacks have stopped. Officials detailed further response measures.
The monetary authority may be forced to hike rates toward the end of the year.
Argentina's biggest domestic commercial bank expects loan growth to slow and says a potential deal to buy Banco Patagonia is "dead," as profits soar 76%.
The country sells fixed-term bonds as President Mauricio Macri indicates the pace of fiscal adjustment may accelerate and that the worst of the peso troubles is over.
All 10 consortiums which submitted technical offers for the six contracts remain in the race despite recent volatility.
The state lender places the equivalent of US$195mn in bonds in Hong Kong and Japan as the government introduces a bill that will help ensure all SME-sized suppliers are paid within 60 days.
Resisting pressure from a hawkish US Federal Reserve and peso volatility tied to the Nafta re-negotiations and upcoming elections, the monetary policy board voted unanimously to maintain the benchmark rate at 7.50%.