Financial Services

The card network is positioning itself at the forefront of the crypto payments space, centered on stablecoins

Over a third of adults in the region don’t have a bank account. Only the Middle East and Africa has a larger proportion of unbanked consumers, per 2021 World Bank data analyzed by BCG. And the unbanked population is unevenly distributed: Just 59% of low-income consumers and 40% of rural inhabitants in Latin America have access to a banking account, per a January 2023 Mastercard and Americas Market Intelligence (AMI) survey.

They’re already skeptical of big financial players and would rather keep their data under lock and key.

The campaign’s associated sweepstakes encourages users to pay more frequently with PayPal

While banks aren’t directly paying tariffs, they face a combination of other threats.

Trump’s “Liberation Day” tariffs landed harder than expected. Widespread uncertainty remains, given the pause on reciprocal tariffs for countries willing to negotiate with the US—along with an escalating trade war with China. Which markets will take the greatest hits? And how might our US forecasts change?