Home might be where the heart is, but travel opens the door to two of life’s biggest pleasures: dining and shopping. The Global Destination Cities Index: Indulgences takes a deep dive into where visitors spend the most on these two categories in Latin America and the Caribbean (LAC). The amount isn’t insignificant (over $1.5 billion …
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The partnership between Vocalink and Cámara de Compensación Electrónica allows for the processing of 24/7 real-time payments, bulk payments and checks. This total modernization of Peru’s existing electronic payments platform will enable banks to develop new payment services for consumers and businesses.   Lima, December, 22th – International payment systems provider Vocalink, a Mastercard company, …
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“Limitless: Enabling a digital world with infinite possibilities” united some of the key players of the payments industry to think big on the promising future of digital in Latin America and the Caribbean (LAC). Miami, December 3, 2018 – Mastercard, a technology company in the global payments industry, held the Mastercard LAC Innovation Forum in …
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Despite the advances of LAC’s frontrunners, the region is far from other developing countries in the world, such as the members of Association of Southeast Asian Nations (ASEAN).   ASEAN has a similar size of population to LAC, at 620 million, but, as of 2018, has a lower per-capita GDP. Despite this relative disadvantage in …
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Five countries lead the region, both in the state and the rate of digital progress: Chile, Colombia, Costa Rica, Mexico, and Uruguay. These countries have done well in improving institutional stability and predictability, such as with competitive policies and a fair institutional environment. They are also good at promoting growth by attracting investment in digital …
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