Colombia


PayU pioneers Mambu’s lending platform in Colombia

PayU Colombia has become the first payments services provider globally to implement Mambu’s Software-as-a-Service (SaaS) based core banking solution. It will support PayU’s new short-term deferred payment product.

Bancolombia’s Nequi first in Colombia to deploy mobile biometrics

Nequi, a financial mobile banking service from Bancolombia, has become the first in Colombia to deploy mobile biometrics for authentication. The technology – the IdentityX platform – is supplied by US fintech specialist Daon. Users will be asked to provide their biometrics when signing up for Nequi. They will be able to authenticate with a […]

Bancolombia and First Data team up for payments innovation

Bancolombia and US-based First Data have formed a strategic agreement to integrate their technology platforms to “improve and diversify” services for business owners in Colombia. The companies will focus on building e-commerce and business management solutions for merchants as well as improving access to the banking system. First Data and Bancolombia say they will bring […]

YellowPepper spices up Latin American mobile payments

A new mobile payments network called YellowPepper has launched in Colombia, marking the beginning of a massive project to bank the unbanked and sweep away the dominance of cash across the Spanish-speaking Americas.