Ransa, the leading third-party logistics (3PL) player in Latin America, has acquired Loginsa, a Chilean 3PL company specialized in cold and dry storage, distribution, and customized logistics. The deal, backed by H.I.G. Capital, a global alternative investment firm, strengthens Ransa’s footprint across the entire Pacific Coast of Latin America, spanning 12 countries from Mexico to…
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Visa Commercial Pay expands to Latin America & Caribbean, adds digital wallet feature
Visa (NYSE:V), a global leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, have announced new enhancements to their B2B payment solutions, Visa Commercial Pay. The solutions, which include virtual card B2B payment solutions, aim to improve cashflow for businesses and reduce outdated manual processes. The latest innovation enables…
Latin American insurance markets could see boost in 2020
NEW YORK: Global insurance industry credit rating agency, AM Best expects Latin America’s economies to rebound somewhat in 2020, which would help the insurance markets in these countries better realize their growth potential. In a new Special Report, titled, “Latin America: Economic and Political Risks May Subside in 2020,” AM Best notes that countries in…