US terrorist label for Brazil gangs risks higher business costs — # Summary
The U.S. designation of Brazil's two largest criminal syndicates—Comando Vermelho (CV) and Primeiro Comando da Capital (PCC)—as Foreign Terrorist Organizations (FTOs) effective Friday will likely increase busi (Reuters, 2026-06-05)
Mastercard Asks Payment Processors to Help With Will Bank Losses — # Summary
Mastercard has requested that Brazilian payment processors assist in covering losses resulting from the failure of Will Bank, a Brazilian financial institution. The proposal was directed at major Brazilian acq (Bloomberg Business, 2026-05-23)
MercadoLibre Revenue Beats Estimates on Strong E-Commerce Demand — # Summary
MercadoLibre reported fourth-quarter revenue of $8.8 billion, representing 49% year-over-year growth and the fastest pace in nearly four years, driven by strong e-commerce demand across its Latin American oper (Bloomberg Business, 2026-05-07)
Brazilian payments firm Ebanx makes Southeast Asia push — # Summary
Brazilian cross-border payments firm Ebanx is expanding into Southeast Asia with immediate launches in Thailand, Indonesia, and Turkey, followed by Malaysia and Vietnam within the next quarter, as it strengthe (Reuters, 2026-04-16)