What's New in Payments

Uber leverages open banking to provide in-app financial services to drivers in Mexico

BBVA, in alliance with Uber, launches first banking product in Mexico that operates in third party app — BBVA — “For the first time we are offering a BBVA product that will ‘live’ in a third party’s platform. In other words, we are bringing the bank to our partner, who in turn is bringing us to their drivers and delivery partners, so they can take advantage of all the benefits that the bank has to offer, all with a single click.”




What's New in Payments

Edenred pilots biometric cards for state benefit payments

Mastercard and Edenred Bank announce first biometric card trial in Mexico — Mastercard — “Mastercard and Edenred today announced the first regional test of biometric card technology in Mexico. The effort, focused on state benefits programmes, features an embedded fingerprint sensor that provides an additional layer of security to conveniently verify the cardholder’s identity for in-store purchases.”


What's New in Payments

WhatsApp Payments to launch in UK, Mexico and Brazil?

WhatsApp Payments reportedly coming to Mexico, Brazil, UK next — NDTV — “According to WABetaInfo, a prolific tipster of upcoming WhatsApp features, three countries — Brazil, Mexico, and [the] UK — will be getting WhatsApp Payments next… The service was introduced in beta in India last year but is yet to roll out to all users in the country because of regulatory hurdles.”


What's New in Payments

Banco de Mexico to pilot national mobile payments service

Mexico pushes mobile payments to help unbanked consumers ditch cash — Reuters — “Mexico’s new leftist government is betting on financial technology to help lift people out of poverty… It is planning a digital payments system run and built by the central bank that will allow Mexicans to make and receive payments through their smartphones free of charge. A pilot roll-out for the platform, known as CoDi, is expected by March.”