Rerserva Achieves the Perfect Balance of Efficiency and Control with Yuno
Weekly news up to Wednesday, 4th of December 2024.
👀 NEWS HIGHLIGHT
Brazil is set to launch one of the world’s biggest betting markets in just one month’s time, with a large onus placed on the Pix payments service to facilitate transactions.
Ahead of the launch various prospective stakeholders are preparing by integrating with the e-payments service, one of the most widely used payments systems in the world.
NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
☕️ REGIONAL HIGHLIGHTS
⭐️ Brazil Considers Banning Stablecoin Withdrawals to Self-Custodial Wallets.
⭐️ Rerserva achieves the perfect balance of efficiency and control with Yuno.
⭐️ FinTechs Launder Cocaine Cash for Brazil's Largest Criminal Gang.
⭐️ Blindpay leverages Bitso Business technology to connect global tech firms with Latin America.
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BRAZIL
PayRetailers launches enhanced solution to help betting operators comply with Brazil's new sports betting regulations.
Juan Pablo Jutgla, CEO at PayRetailers, said: “The sports betting industry in Brazil is poised for significant growth, but operators will face increasing pressure to comply with the new regulations. Our enhanced Pix solution helps operators strike the right balance between ensuring compliance while maintaining an optimal user experience.”
Daniel Niezgoda, CTO at PayRetailers, added: “As Pix becomes central to Brazil’s financial system, the need for seamless payment processing paired with compliance automation has never been greater. Our enhanced Pix solution offers real-time account validation and intelligent routing, streamlining operations while reducing risks and ensuring efficiency.”
COLOMBIA
Yuno enables organizations to transform online checkout experiences. The leading global payment orchestrator, has announced that Mastercard's Click to Pay at checkout is now available to all Yuno clients. It helps ensure purchases can be made securely and quickly with just a few clicks, significantly decreasing the instances of cart abandonment that plagues the e-commerce industry.
Nu Colombia has announced a strategic partnership with Puntored to expand financial accessibility by allowing customers to make cash deposits directly into their Nu accounts at Puntored locations throughout the country. This collaboration marks a significant step in Nu’s evolution toward becoming a comprehensive transactional account provider.
CHILE
Google-Backed R2 raises $59 million. R2, a Latin American startup building lending tools for tech companies in the region, raised $59 million in equity and debt to continue expanding operations, including a push to grow its business in Chile.