Digitization has accelerated an evolution towards real-time payments for Latin American banks, as well as a multitude of new capacities and offers.
The world pandemic has accelerated a digital transformation through Latin America. Since then, companies have increasingly adopted online portals and mobile applications for payments, collections and reports.
This change has fueled an important trend towards real -time payment systems. Pix, the Brazil’s instant payment platform, illustrates this transformation, inspiring Colombia, Chile and Peru to develop their own capacities in real time. Consequently, banks intensified to provide immediate treatment, reconciliation and liquidity updates, providing transparent financial operations for their customers.
Best bank for the transaction bank and best business cross -border payment solution | Santander
Santander, an American Pan-Latin power station in the transaction bank, obtains titles as the best bank for the transaction bank and to provide the best business cross-border payment solutions. Operating in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Uruguay, the bank actually covers 80% of the GDP in the region.
Priorifying customer service, Santander invests massively in advanced technology and digital infrastructure, in particular in cash management, to provide innovative solutions. These include strategic alliances with SAP, API instant banking position tools and visibility of incoming and outgoing cross -border payments directly from the SWIFT G4C tracker, as well as important improvements to the Bank’s overall Nexus Global Collections and the Global Portal Nexus.
“Latin America is a key region for Santander,” said Mencía Bobo, a global manager of world transaction banks at Santander Corporate and Investment Banking, “and we continue to invest in strengthening our competitive offers and our digital capacities. Our commitment to innovation and in -depth knowledge of the market. ”
Best bank for cash management and the best bank for financial institutions | Citi
Citi has a high performance company with revenues exceeding $ 19.6 billion in 2024: an increase of 9% compared to 2023 and a remarkable annual growth rate of 16% since 2021. Citi offers include spring by Citi for transparent online payments, an instant payment network and virtual accounts.
Payment exchange more rationalizes business and corporate business flows to customers. Recent additions include a white cross -border payments monitoring solution; Citidirect Digital Inboard for the rapid opening of accounts; and Docusign for secure electronic signatures.
Best bank for long -term liquidity management | Bbva
BBVA maintains a strong presence through Latin America, notably Colombia, Mexico, Peru and Venezuela. BBVA is systematically recognized for its digital transformation efforts and its innovative treasure management and liquidity solutions, taking advantage of its robust regional network to facilitate effective management of cross -border treasury.
Best bank for payments and best bank for collections | Scooter bank
Scotiabank offers Telebanking, an intuitive digital platform that rationalizes checks, transfers and mass payments of the cashier. Recent innovations include an internal payment button, a dynamic dashboard for online payments and personalized report features.
“Our customer-centered strategy has motivated the development of innovative digital solutions that simplify and optimize cash operations across Latin America,” explains Chad Wallace, executive vice-president of the World Bank of the World Transactions. “From visibility in cash in real time and automated collections to integrated payment platforms and advanced reporting tools, we help customers manage complex financial ecosystems with greater security and efficiency.”
The deep regional presence of Scotiabank gives it a nuanced understanding of the dynamics of the local market, known as Wallace, allowing the bank to provide very effective solutions. “Digitization and personalized service are essential to meet and exceed customer expectations,” he says. “By combining technology with deep banking expertise in transactions, we work to provide a coherent and exceptional banking experience through our imprint in the Americas.”
Best supplier of short -term investment funds / monetary market | Itau Unibanco
Itau Unibanco is distinguished for technological innovation and sophisticated cash solutions which are essential for effective management of short -term investments. Itau also has an important meaning of asset management, more solidifying its position on the financial field.