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MasterCard and Telefónica sign co-branding deal

Spanish telecommunications company Telefnica has signed a multi-year co-branding agreement with MasterCard Worldwide, targeting its mobile phone customers and the unbanked segments of the Latin Americ…

Wells Fargo targets LatAm remittances

Wells Fargo has expanded its ExpressSend remittances service to eight countries in Latin America: Honduras, Nicaragua, the Dominican Republic, Colombia, Ecuador, Peru, Bolivia, and Argentina. ExpressS…

UK bank soundness disappears

The 2008-2009 edition of the World Economic Forums Global Competitiveness Report concludes Canada has the worlds soundest banking system in a changing of the guard which sees the UK, traditionally fou…

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