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Welcome to another episode of our Daily Fintech Podcast.

This podcast episode is sponsored by Payhawk. Payhawk is the most efficient credit card backed by powerful financial software to help companies stay in control of their spend. Try efficient, paperless, compliant spending today.

THE NEWS HIGHLIGHT OF THE DAY IS

Alphabet’s Google (GOOG) has committed to invest $1.2 billion in Latin America over the next five years to support economic development and digital transformation in the region, where the company has had an active presence since 2005. The investment was announced by Google and Alphabet Inc. CEO Sundar Pichai during the IX Summit of the Americas, held this week in Los Angeles, California.

JUST IN:

The PayRetailers- Pago Digital- Paygol announces the launch of its first Social Responsibility campaign to support charitable causes in Latin America.

ALSO:

Railsr launched a new Rewards-as-a-Service (RaaS) product that enables brands to build their own branded rewards programmes.