BNamericas provides a roundup of the most important Banking stories in Latin America.
VeriTran CEO Marcelo González talks about the challenges banks face in going digital in an industry that is becoming increasingly crowded by fintechs and BigTechs.
In its latest study of Mexico's fintech industry, fintech research firm Finnovista show that the local ecosystem is growing apace, second only to Brazil in the region, and is facing both opportunities and risks from new regulations.
The restrictions were imposed due to the monetary authority's concern with high concentration in the banking sector.
Lower provisions allowed the Brazilian bank to post a strong earnings increase despite a contracting loan book.
Foreign minister Carlos Holmes said on Friday that the regional body had become "an accomplice of the Venezuela dictatorship."
Peru's No. 4 commercial lender posts solid results for Q2 as customer-facing staff evangelize about the benefits of migrating to digital.
Revenues for Latin American e-commerce group jumped 43.7% on a currency-neutral basis in Q2, but the company saw a slowdown in its largest market, Brazil.