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Stock impact report

LatAm Fintech Infrastructure Leader Prometeo Expands Footprint To US Market [Yahoo! Finance]

Banco Santander, S.A. Sponsored ADR (Spain) (SAN) 
Company Research Source: Yahoo! Finance
MEXICO CITY, June 18, 2024 BUSINESS WIRE Prometeo , a leading fintech infrastructure company connecting global corporations with financial institutions in Latin America, today announced the launch of its Bank Account Validation (BAV) offering for the US Market. With this launch, the company enables Latin American businesses to connect with 100% of US banks via one integration with a single provider and API. Following the company's rapid expansion across LatAm and its recent launch into the Mexican market with its Account-to-Account Payments solution, Prometeo's BAV launch in the US addresses a wide range of use cases to equip businesses with the infrastructure needed to manage accurate and trusted information for several financial operations. These include: Fraud Prevention and Error Prevention in Bank Transfers : Prometeo's BAV helps verify the authenticity of US bank accounts before making transfers or payments, thus reducing the risk of fraud such as phishing and account manip Show less Read more
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