Category: Banking & Financial Services
South America Banking & Financial Services
-
Latin America Digital Commerce: Market Insights and Payment Innovations 2024
... payment trends Latin America's E-Commerce is experiencing a surge, with forecasts predicting substantial growth to surpass EUR 850 billion by 2026. This projection highlight Latin America's emergence as a key player in the global digital ... Read More
-
Latin America B2C E-Commerce Market 2024
... online shopping activity The region stands out with more than half of the users making frequent purchases, marking a robust CAGR of over 9% in the global B2C E-Commerce market. Moreover, nearly 80% of social ... Read More
-
Latin America Wealth Management Market Size- By Client Type, By Wealth Management Firm Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
... research, ‘Latin America Wealth Management Market Size- By Client Type, By Wealth Management Firm Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Latin America Wealth Management Market is predicted to ... Read More
-
POS Terminal in South America
... the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights POS Terminal is a device that merchants use to process payments and complete customer purchases. The POS Terminal ... Read More
-
Financial Cards and Payments in Latin America
... major theme in Latin America. Be it the Pix instant payments system in Brazil or the impending arrival of Apple Pay in Chile, the financial future looks digital, even if cash remains important in a ... Read More
-
Latin America Motorcycle Loan - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029
... expected to register a CAGR of 8% for the forecast period. The motorcycle loan market in Latin America grew steadily in recent years. Latin America is home to a large and diverse market for motorcycles, ... Read More
-
Brazil Retail Banking - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029
... USD 235.60 billion by 2029, growing at a CAGR of 10.70% during the forecast period (2024-2029). Retail banking or consumer banking, is the provision of services such as savings accounts, transactional accounts, mortgages, debit and ... Read More
-
Venezuela In-depth PESTLE Insights
... analysis. Synopsis Understand the political system in Venezuela through analysis of key figures in the country and governance indicators. Understand the economic situation in Venezuela through a balanced assessment of core macroeconomic issues. Understand customer ... Read More
-
Latin America Online Payment Methods 2024
... America, like other regions, is witnessing a surge in digital payment adoption amid the global push towards digitalization in payments. However, this transition isn't uniform. In Latin America, credit cards dominate B2C E-Commerce sales, comprising ... Read More
-
Ecuador Macroeconomic Outlook Report
... In nominal terms, the three sectors are forecast to grow by 3.6%, 4.1%, and 5.3%, respectively, in 2024. Quito is the major region in Ecuador, which contributed 24.4% to the country’s GDP and comprised 15.4% ... Read More
-
Economy of Argentina 2024
... led to social conflicts which were nevel resolved and Governments which resorted to printing money rather than controlling deficits resulting in chronic inflation. President Milei is the latest to attempt to change this paradigm and ... Read More
-
Uruguay In-depth PEST Insights
... Synopsis Understand the political system in Uruguay through analysis of key figures in the country and governance indicators. Understand the economic situation in Uruguay through a balanced assessment of core macroeconomic issues. Understand customer demographics ... Read More
-
Credit Cards in Colombia
... compared to the previous year. The value of transactions, particularly for personal credit cards, is anticipated to decline as Colombians become more cautious. Household consumption is expected to barely grow in 2023, with an increase ... Read More
-
Consumer Lending in Colombia
... end of 2022. This caused credit card interest rates to rise above 40%, leading to consumer concerns and reduced credit card usage, impacting overall consumption. In response, some banks reduced rates to 25% at the ... Read More
-
Consumer Lending in Chile
... range projections of -0.5%-0.25% in 2023. Credit is showing low dynamism, particularly for SMEs and mortgages/housing. Credit to SMEs and consumer lending is slowing, with a significant reduction in gross lending on mortgages/housing compared to ... Read More
-
Debit Cards in Peru
... of debit cards has remained notably robust, showcasing the consistent growth witnessed during the pandemic era. Concurrently, the volume of payment transactions and the monetary value associated with these transactions have also registered significant growth. ... Read More
-
Consumer Credit in Peru
... already rebounded to pre-pandemic levels in 2022. The resurgence is attributed to a gradual return of individuals to their routine activities post the pandemic-related restrictions. Consequently, consumer spending and financing habits have resumed, fuelling the ... Read More
-
Credit Cards in Argentina
... profitability of offering credit cards. Both the interest rate for instalment payments and the rate charged when customers opt to finance their expenses are capped by the Central Bank, hindering substantial profits. Additionally, the escalating ... Read More
-
Pre-Paid Cards in Argentina
... has gradually waned over time. Early players like Ualá and Mercado Pago, who were pivotal in its development, have shifted their focus away from these cards, emphasising other financial instruments. Moreover, the ongoing challenging economic ... Read More
-
Debit Cards in Chile
... cash transactions rebounded to similar pre-pandemic levels, only marginally trailing behind debit cards, marking a notable recovery. 2023 continues to see an increase in cash transactions. This resurgence in cash usage is particularly evident in ... Read More
-
Debit Cards in Argentina
... denomination is ARS2000, roughly equivalent to USD8 at the official exchange rate. Consequently, individuals would need to carry a substantial amount of cash for their purchases if restricted to cash transactions. Given the widespread preference ... Read More
-
Financial Cards and Payments in Chile
... higher among individuals over 60 years of age, those from lower socio-economic backgrounds, and regions outside of the south. However, an ecosystem is developing with different payment methods that could generate a general downward trend ... Read More
-
Store Cards in Chile
... First, the consumer landscape now offers an array of financial payment solutions, encompassing credit, pre-paid, and debit options. This expanded repertoire offers local consumers greater flexibility, transcending the confines of store-specific purchases. The ensuing surge ... Read More
-
Debit Cards in Colombia
... in circulation and value of transactions. The performance of debit cards has been influenced by their increased use in online purchases, driven by the expansion of debit cards with security verification code (CVV), fostering their ... Read More
-
Pre-Paid Cards in Chile
... end of the review period, with both banks and non-bank issuers actively participating in their development. Pre-paid cards offer a captivating area of study, not only due to their rapid expansion but also because of ... Read More