Central Bank Of Brazil News

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BB includes consortia in the Open Finance ecosystem

News | Online & Mobile Banking | 03 Jan 2024

Central Bank of Brazil has introduced a new feature for their clients, allowing them to contract consortiums by debiting the value of the first instalment from accounts maintained at other financial institutions. 

mobile payments, online payments, online banking, Open Finance, financial institutions

Central Bank publishes new Pix Automatic operating rules

News | Online & Mobile Banking | 11 Dec 2023

Central Bank of Brazil has published rules for the operation of the Pix Automatic and new rules of its value limits, with additional ones planned for early 2024. 

product launch, product upgrade, banking, online banking, digital banking, mobile banking, financial services, financial institutions

Ebury's acquisition of Bexs Group approved by Central Bank of Brazil

News | Payments General | 31 Oct 2023

Ebury has announced that the Central Bank of Brazil has approved its acquisition of Bexs Group, including both Bexs Banco and Bexs Pay.  

acquisition, payments , cross-border payments, FX , financial services

Nubank to test Brazilian CBDC, Drex

News | Online & Mobile Banking | 21 Aug 2023

Brazil-based financial services platform Nubank has connected its infrastructure to the blockchain network of Banco Central do Brasil to initiate testing with Drex, the Brazilian digital currency.

partnership, banking, fintech, financial services, paytech, CBDC, digital currency, tokenization, digital assets, DLT, e-money

Brazil selects 14 entities for its CBDC pilot programme

News | Cryptocurrencies | 29 May 2023

The Central Bank of Brazil has selected 14 entities, including Visa and Microsoft, for its digital real CBDC pilot programme.

CBDC, central bank, cryptocurrency, blockchain

Brazil to launch digital tests of CBDC

News | Cryptocurrencies | 14 Feb 2023

Brazil has announced its plans to launch a real-world suite of digital tests for its CBDC, focusing on protecting the privacy of financial data and transactions.

product launch, fraud prevention, cryptocurrency, digital currency, fraud management, CBDC

Crypto.com receives a payment institution licence in Brazil

News | Cryptocurrencies | 16 Dec 2022

Crypto.com has become the first cryptocurrency exchange to receive a Payment Institution Licence from the Central Bank of Brazil.

cryptocurrency, cryptocurrency exchange, payment institution, central bank

The Central Bank of Brazil wants to launch its digital currency in 2024

News | Cryptocurrencies | 14 Dec 2022

The Central Bank of Brazil has revealed its aim to launch a central bank digital currency (CBDC) in 2024 following a closed pilot programme.

CBDC, central bank, cryptocurrency, digital assets, regulation

Brazil permits changes to Mastercard's payment arrangement

News | Mobile Payments | 06 Dec 2022

The Central Bank of Brazil has decided to allow changes to Mastercard’s local payment arrangement regulation in order to further support WhatsApp payments.

central bank, mobile payments, regulation, WhatsApp

Belvo to operate as Payment Transaction Initiator in Brazil

News | Payments General | 28 Sep 2022

Central Bank of Brazil (Bacen) has authorised Belvo, an Open Finance platform, to operate as a Payment Transaction Initiator (ITP) in Brazil.

ecommerce, Open Finance, regulation, money transfer, payments