Karen Puskovitz: How Virtual Accounts Are Unlocking the Asia-to-LATAM Payment Corridor

Why It Matters

Accelerating virtual‑account adoption streamlines Asia‑to‑LATAM payments, unlocking faster, cheaper cross‑border commerce for businesses and consumers.

Key Takeaways

• Asia-to-LATAM payment corridor experiencing significant growth in the region
• Virtual accounts identified as primary driver of cross‑border flow
• Company debuting booth at Manny 2020 to showcase solutions
• New virtual‑account product tailored for Latin American market launch
• Strategic partnership enhances flexibility and product expansion across region

Summary

Karen Puskovitz opened the discussion by highlighting a surge in cross‑border transactions from Asia to Latin America, describing the corridor as one of the fastest‑growing payment pathways in the global fintech landscape.

She emphasized that virtual accounts are the single biggest contributor to this momentum, noting that the volume of funds moving through these digital identifiers has outpaced traditional remittance channels. To capitalize on the trend, her firm secured a booth at Manny 2020—its third consecutive appearance—showcasing a newly engineered virtual‑account solution designed specifically for Latin American merchants and consumers.

Puskovitz underscored the importance of a local partnership, saying, “We have a very good partner in Latin America, offering flexibility and co‑development of products.” The collaboration enables rapid onboarding, compliance alignment, and the ability to iterate on features such as multi‑currency settlement and real‑time reconciliation.

The broader implication is a more efficient, lower‑cost bridge for Asian businesses seeking LATAM markets and vice‑versa, potentially reshaping trade finance, e‑commerce, and remittance services while opening new revenue streams for fintech providers.

Original Description

The global payments landscape is experiencing a significant shift as trade corridors between emerging markets rapidly accelerate. In this interview from Money20/20 Asia, Karen Puskovitz, Global Sales Director at Monnet Payments, discusses the massive flow increase currently taking place between Asia and Latin America.

Puskovitz explains how Monnet is helping international businesses capture this momentum through specialized virtual account solutions built specifically for Latin America. Over the next 12 months, banks and fintechs utilizing this infrastructure can expect to establish a powerful operational foundation in the region. By leveraging Monnet’s flexible product framework and localized payment expertise, cross-border innovators can eliminate the traditional friction of intercontinental transactions and scale their operations seamlessly across the LATAM market.

Read the full article here: https://ffnews.com/fintech-tv/event/event-videos-2026/money20-20-asia-2026/capitalizing-on-the-intercontinental-flow-between-asia-and-latin-america/