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Global data reconciliation and reporting platform Kani Payments has partnered with issuer processing and core banking platform Pismo.
partnership, payments , Issuer, SaaS, banking
Brazil-based financial services company Zoop has become a licenced payments institution following an authorisation from the local Central Bank.
payments , fintech, B2B payments, compliance
Itaú Unibanco and Inswitch have launched Pix no mundo, a solution that allows Brazilians abroad to use the Pix payment system for purchases and transactions across Latin America.
payments , cross-border payments, travel payments, money transfer, POS
Itau Unibanco has conducted a series of connection tests with the Starlink network to assess the performance low-orbit satellite internet.
banks, product upgrade, customer experience, online banking
Ecommerce retailer and fintech firm MercadoLibre has announced it is discussing with Meta to start processing payments on the WhatsApp messaging service in Brazil.
partnership, payments , mobile payments, online payments, direct to consumer, WhatsApp, payment processing, instant payments
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
Nubank, a Latin America-based financial technology firm, has launched Mexican savings accounts as it looks to scoop up market share.
product launch, debit card, credit card, digital banking, transactions
US-based BaaS provider Rêv Worldwide has joined Searchlight Capital Partners to acquire the Netspend consumer business from Global Payments for USD 1 billion.
acquisition, transactions , partnership, fintech, BaaS, mobile banking
Latin America-based digital lender Nubank has planned to scoop up acquisitions at bargain prices, as per Financial Times.
banks, fintech, acquisition, digital banking, credit card
Profitus, a fund owned by the controlling partner of Itaú Unibanco, has invested USD 5 million in Digitra.com, a new crypto exchange.
crypto, digital assets, crypto asset, blockchain, funding, investment
Mercado Pago, Mercado Libre's financial company, has prepared to make the payment initiator available soon to the more than 10 million sellers who use the tool, according to broadcast.com.br.
Mercado Libre, payment initiation, PISP, Open Banking
The Central Bank of Argentina (BCRA) has ordered that banks and virtual wallets offer their clients the possibility of associating all the accounts that they have in their name through their applications, according to iproup.com.
central bank, data aggregation, financial data, banks, e-wallet, digital wallet
Carbon credit settlement platform Carbonplace has announced the successful pilot transfer of carbon credits through its system in collaboration with global payments technology company Visa.
partnership, ESG, green finance, Visa, carbon footprint, banks
Authorized by the Central Bank, Itaú Unibanco has received authorisation to operate as a payment initiator, according to broadcast.com.br.
Open Banking, PIX, payment initiation, banks, financial data
Itaú Unibanco and Brazil-based tech company TOTVS have formed a joint venture, according to bnamericas.com.
partnership, Open Finance, online banking
The Central Bank of Brazil has chosen nine partners to help develop Brazil's Central Bank Digital Currency (CBDC).
central bank, banks, partnership, CBDC, digital currency
Brazil-based crypto asset manager Hashdex has announced the launch of a decentralised finance ETF and named it DEFI11.
product launch, cryptocurrency, DeFi, crypto asset
The Central Bank of Brazil's Pix refund mechanism for suspected fraud has received complaints, with some users struggling to get restitution on their transactions.
report, PIX, cybersecurity, instant payments, online fraud
Marcos Cavagnoli, Digital Cash Management & Open Finance Director at Itaú Unibanco and Itaú BBA, provides key insights about Open Banking in Brazil and the paths going forward.
Open Banking, Open Finance, BaaS
Digital bank Nubank has reached an agreement to acquire fintech Olivia, according to Pipeline.
partnership, Open Banking, neobanks, digital banking, fintech