Salvador

Investor Adolfo Salume, Mozido team up to implement EcoSystem mobile app in El Salvador

Latin America-based investor Adolfo Salume and Mozido, an Austin-based mobile financial services provider, have partnered to launch a new mobile…

HSBC sells its operations in Costa Rica, El Salvador and Honduras

HSBC has agreed to sell its banking operations in Costa Rica, El Salvador and Honduras for $801m to Banco Davivienda,…

MasterCard and Telefónica sign co-branding deal

Spanish telecommunications company Telefónica has signed a multi-year co-branding agreement with MasterCard Worldwide, targeting its mobile phone customers and the…

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,…

UK bank soundness disappears

The 2008-2009 edition of the World Economic Forum’s Global Competitiveness Report concludes Canada has the world’s soundest banking system in…

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