Global

Cobre Becomes the First Platform to Enable Real-Time Interbank B2B Payments in Colombia [Bre-B]

Business Wire

"Cobre processes over 1.5 billion instant enterprise transactions each month in Colombia. With the upcoming release of Bre-B, the country’s new interoperable payment infrastructure, Cobre expects to double that volume. Cobre plans to grant early access to its customers, a group that includes major retailers, fintechs, and logistics providers."

Tags: South America

Global

India Payments Authority Eyes Africa, S. America for Digital Payment Push, Official Says

MSN

"India is in talks with countries in Africa and South America to help them build a digital payments system using its homegrown Unified Payments Interface (UPI) as a blueprint and expects two launches by early 2027."

Tags: Africa India South America

Global

No Current Need for CBDC, Central Bank of Chile Finds

CoinGeek

"The Banco Central de Chile recently published its second report exploring the concept of a central bank digital currency (CBDC)."

Tags: South America

Companies Global

Ripple and Peersyst Partner with Colombia’s Banco de la República in Advancing the Implementation and Utilization of Blockchain Technology

Business Wire

"Ripple, the leader in enterprise blockchain and crypto solutions, announced today its collaboration with the Banco de la República, Colombia’s Central Bank, to explore blockchain technology use cases."

Tags: South America

Domains Global

TransferMate secures back-to-back licence approvals in South America

“TransferMate, one of the world’s leading cross-border B2B technology payments providers, has today announced its first two payments licences in South America with approvals in Brazil and Chile. The news marks a major achievement in the company’s strategic mission to provide customers and partners with one of the widest regulated payments networks in the industry.”

Tags: Cross-border payments South America