Last year, with global stock markets surging and the economies of Latin America back in full swing, the region's financial institutions began offering online trading. But now the thunderous drop of the United States' Nasdaq, coupled with Argentina's deepening economic crisis, is battering Latin America's volatile markets and spreading fear among potential online traders. Yet several companies continue to push new online trading solutions. (Page One)
Chile Seizes EBPP
Limelight ... 61
A slew of companies, led by Miscuentas.com, offer Chilean customers bill payment and/or presentment services. And about half of the country's 30-odd banks participate in the new payment chain.
Online Banking Becomes Commodity in Europe ... 64
Increasing numbers of Europeans are banking online. But with some markets reaching saturation levels, banks must take an innovative approach to their Internet offerings.
Letter from London ... 62
The latest tech deals, strategic alliances, innovations and other news from Europe.