Latin AmericaRSS

Two new core banking tech deals for Technisys in Brazil and Argentina

Technisys grows customer base in Latin America

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.

BIM, Peru’s first mobile money wallet: lessons learnt

Mobile banking in Peru

Peruvian mobile wallet BIM, described as “the world’s first fully-interoperable national mobile money platform”, will launch new services in H2 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings and loans, and micro-insurance.

Trustbank Suriname selects core banking tech from Path Solutions

Path Solutions gains first taker in Suriname

Path Solutions and its iMAL core banking system have beaten Temenos and Oracle FSS to a core banking software deal at Trustbank in Suriname.

Wipro takes over Brazil’s banking tech and services provider, InfoServer

Wipro acquires InfoServer

Wipro has acquired InfoServer, a provider of custom application development and software deployment services to banks, financial institutions and insurance companies in Brazil. India’s IT giant paid BRL 27.6 million ($8.7 million) for the deal.

Latin American banks turn to Swift for crime compliance

New addition to Swift's network

Eight central banks in Latin America have adopted Swift’s financial crime compliance solutions to combat financial crime. The central banks of Belize, Bolivia, Costa Rica, Curacao, Dominican Republic, Ecuador, Haiti and Paraguay, have implemented the solutions, including Swift’s KYC registry and sanctions screening. Some of the banks have also endorsed the adoption of the KYC […]

Argentina’s CSD Caja de Valores joins Swift’s network

New addition to Swift's network

Caja de Valores, Argentina’s central securities depository (CSD), is now fully operational directly on the Swift network. All its international transactions are now executed via Swift.

Bancolombia’s Nequi first in Colombia to deploy mobile biometrics

Hello there

Nequi, a financial mobile banking service from Bancolombia, has become the first in Colombia to deploy mobile biometrics for authentication. The technology – the IdentityX platform – is supplied by US fintech specialist Daon. Users will be asked to provide their biometrics when signing up for Nequi. They will be able to authenticate with a […]

Elo and Discover mark “first” transaction for global network boost

Elo Global Card

Elo, the “first” 100% Brazilian card brand, conducted its first international transaction in the US on the Discover Global Network. This transaction marks the official acceptance of the Elo Global Card in the US. The cards are issued by Banco do Brasil, Bradesco and Caixa Econômica Federal, and will be used for international purchases and […]

Bancolombia and First Data team up for payments innovation


Bancolombia and US-based First Data have formed a strategic agreement to integrate their technology platforms to “improve and diversify” services for business owners in Colombia. The companies will focus on building e-commerce and business management solutions for merchants as well as improving access to the banking system. First Data and Bancolombia say they will bring […]