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Pix by Proximity is introduced

News | Mobile Payments | 05 Nov 2024

Pix by Proximity has been introduced by the Central bank of Brazil, available to Google digital wallet users and with a broader rollout to all Pix users set for February 2025. 

contactless payments, NFC, mobile payments, PIX, product launch

Vivo receives direct credit society licence from Central Bank of Brazil

News | Mobile Payments | 05 Sep 2024

The Central Bank of Brazil has granted Telefónica | Vivo a Sociedade de Crédito Direto (SCD) licence to expand its fintech services.

compliance, fintech, product upgrade, financial services

Brazil updates Open Finance rules for Pix payments

News | Payments General | 05 Jul 2024

The Central Bank of Brazil and the National Monetary Council of Brazil have announced new regulations for Open Finance and Pix payments.

payments , Open Finance, banks, regulation, financial services

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