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June 12, 2025
On the web
Central Bank of Brazil Hints at Credit-Focused CBDC Pilot Phase
Bitcoin News
"The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. The drex pilot, currently in its second phase, has encountered issues that impact its viability. Its main roadblock has been the lack of a privacy solution that fulfills all the requirements the bank needs to apply bank secrecy-like laws to drex transactions, meaning that transactions must be obfuscated from third parties but visible for regulators."
June 9, 2025
On the web
Automatic Pix: BC Publishes Rules to Prevent Corporate Fraud
Finsiders Brasil
"The Central Bank (BC) published a set of rules to reinforce security in Automatic Pix , a modality aimed at recurring transactions that will be launched on June 16. One of the measures, for example, is that only companies with an active CNPJ for at least six months will be able to receive payments via Automatic Pix. Payment service providers must also verify the “reliability” of client companies, in order to prevent fraud."
June 5, 2025
On the web
Netflix, Amazon, Globoplay, OLX and Others Are ‘Pioneers’ in Automatic Pix
Finsiders Brasil
"On June 16, Automatic Pix will debut with eight companies selected by the Central Bank (BC), a group called “Pioneers”: Amazon, Globoplay, Grupo OLX, Cemig, Disney+, Netflix, Spotify and Visão Prev. The new feature was designed to replace or compete with recurring payments made today using credit cards, bank slips or direct debit, but with greater security, reach and fluidity."
Brazil’s Payment Revolution Accelerates: Pix Automático Launches
MEF
"Brazil’s payment landscape is evolving yet again with the launch this month of PIX Automático. With PIX already transforming how individuals and businesses transact, the addition of automation has major implications for the mobile ecosystem. In this post, MEF CEO Dario Betti explores how enabling automated recurring payments marks the next phase in Brazil’s instant payments journey and may impact stakeholders."
May 29, 2025
On the web
BS2 Buys Fintech Platform to Advance With “International Pix”
Finsiders Brasil
"BS2 , a digital bank focused on companies, wants to move forward with an “international Pix” solution this year. To this end, the Minas Gerais-based institution is purchasing VoucherPay , a platform that allows Brazilians to pay for purchases abroad with Pix or credit card in installments in reais."
May 22, 2025
On the wires
Binance Pay Integrates With Pix, Enabling Instant Crypto-Powered Payments in Brazilian Reais Across Brazil
PR Newswire
"Binance, the world's largest cryptocurrency platform by trading volume and number of users, has integrated its payment solution, Binance Pay, with Brazil's Pix system to enable instant payments in the local currency using cryptocurrencies and transfers to any individual or merchant across Latin America's largest country."
May 15, 2025
On the web
Streaming Services Have a “Huge Appetite” for Automatic Pix, Says BC
Finsiders Brasil
"With its launch confirmed for June 16, Automatic Pix has already been attracting interest from large companies, including some of the largest streaming services operating in Brazil. The new method, which has been undergoing approval testing since the end of April, is designed to facilitate recurring payments, such as utility bills, subscription plans, school fees, and more."
May 13, 2025
Top Post
‘It Is Not Illegal to Charge Fees,’ Apple Tells Brazilian Regulator on NFC Probe
9 to 5 Mac
"Apple Pay and the iPhone’s NFC sensor have long been the subject of disputes around the globe. Last year, the European Commission compelled Apple to grant developers access to the NFC reader, and more recently, the company expanded this access in other regions due to increasing regulatory pressure. Now, a national payment system in Brazil has a regulatory body taking an even closer look at the iPhone’s NFC, and it appears the company isn’t willing to budge."
May 9, 2025
On the web
Brazil’s Central Bank Presents Regulatory Priorities for 2025 and 2026
Mattos Filho
"On April 24, 2025, the Central Bank of Brazil (BCB) announced its list of regulatory priorities for 2025 and 2026. The main topics include the evolution of Open Finance, virtual asset regulations, monitoring artificial intelligence usage, and the expansion of Pix's functionalities."
May 7, 2025
On the web
Central Bank of Brazil Publishes New Rules for the Operation of Automatic Pix
Finsiders Brasil
"In recent days, the Central Bank (BC) published new rules for the operation of Automatic Pix . The measures include, for example, a longer period for financial institutions that serve companies to stop offering the modality. With its launch confirmed for June 16, Automatic Pix entered the testing phase."
April 22, 2025
On the web
Fast Payments in Action: Emerging Lessons From Brazil and India
Atlantic Council
"As the rise of instant payment systems transforms the global financial sector, more governments are considering launching their own central bank-led immediate payment systems. Pix and Unified Payments Interface (UPI), Brazil and India’s respective instant payment systems, provide two key lessons for governments interested in implementing new fast or immediate payment systems."
April 10, 2025
On the web
BC Opens Consultation That Looks at the Market Power of Digital Wallets of ‘Big Techs’ [Brazil]
Finsiders Brasil
"Regulator wants to hear from the market by June 2 to discuss creating rules for card tokenization. The Central Bank is evaluating two options for regulating digital wallets. One would be to create a specific type of participation for “token applicants." The other option is for “token applicants” to be institutions authorized and supervised by the Central Bank, subject to direct regulation."
April 3, 2025
On the web
Payments Sector Concerned About Uncertainty Over ‘Split Payment’ [Brazil]
Finsiders Brasil
"The uncertainty surrounding how split payments will be implemented is causing concern in the payments industry. The model, provided for in the tax reform, will allow for the automatic collection of taxes at the time of the financial settlement of the transaction. The system is expected to start operating in 2027, but industry executives argue that clear guidelines for implementing this new model must be in place as soon as possible."
April 1, 2025
On the web
Central Bank [Brazil] to Launch Pix Installments in September
Finsiders Brasil
"The Central Bank is already working on the development of Pix Parcelado and the expectation is to launch this new product in September 2025. The information was given by Renato Gomes, director of Financial System Organization and Resolution during the Pix Forum."
March 12, 2025
On the web
Elo, Agility and INETCO Announce Strategic Partnership to Revolutionize Payments Reliability in Brazil
INETCO
"Agility, one of Brazil’s leading IT and Cybersecurity service providers, and INETCO®, a leader in payments monitoring and fraud prevention, announced a new partnership with Brazilian payment processing trailblazer Elo. The partnership leverages INETCO’s real-time transaction monitoring solutions and Agility’s expertise in supporting clients in sectors such as banking, stock exchanges, telecommunications, and healthcare."
On the wires
EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers
Business Wire
"Digital-first financial institutions have become key drivers behind cards' sustained presence and growth in rising economies. According to internal data from EBANX, fintech companies and digital players now account for 41% of the total value transacted through credit cards for online purchases in Brazil."
March 7, 2025
On the web
Pix Has New Security Mechanisms and Changes the Rule for Using Random Keys
Valor Investe
"The Central Bank published (6) changes to the Pix Regulation to require participating financial institutions and payment institutions to ensure that the names of individuals and companies linked to Pix keys are in accordance with the names registered in the CPF and CNPJ databases of the Federal Revenue Service."
February 28, 2025
On the web
New Wave of Growth Expected as Pix Introduces Tap-To-Pay Feature
Valor International
"At least 13 banks and payment institutions in Brazil are set to offer the new tap-to-pay feature for Pix, which officially launches this Friday. Financial system and retail representatives expect this functionality to streamline transactions at card machines, potentially driving a new wave of growth for the payment method."
OneKey Payments Launches First Pix Using Biometrics for ‘Bets’ in Brazil
Games Brazil
"OneKey is introducing Pix using biometrics in partnership with Belvo, a leader in Open Finance integrations in Latin America, to help companies recover conversion rates and cost-benefits that may have been impacted by the new regulations. This is the first technology that allows payments via open banking using facial recognition, offering a safer, faster and more efficient experience, in addition to reinforcing responsible gaming practices to avoid debt and gambling addiction."
February 27, 2025
On the web
Central Bank of Brazil: CBDC Privacy Problem Still Unresolved
Bitcoin News
"In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs."
February 19, 2025
On the web
More Than 30% of Brazilians Have Already Signed Up for Pix in Installments
Finsiders Brasil
"More than 30% of Brazilians have already contracted Pix installments in the last two months. The majority, 53%, in the last two months. The modality recently added to the portfolio of financial institutions already occupies a relevant space among the loan alternatives."
February 10, 2025
On the web
Ripple Teams up With Unicâmbio to Facilitate Near-Instant Brazil-Portugal Payments
Crypto Briefing
"Ripple said Monday the firm is partnering with Unicâmbio, a leading financial services company in Portugal, to enable instant cross-border payments between Portugal and Brazil. As part of the partnership, Unicâmbio will utilize Ripple Payments to settle payments for their corporate customers."
February 7, 2025
On the web
Users Will Be Able to Request a Pix Refund Through the Bank’s App [Brazil]
Finsiders Brasil
"The new feature is part of a set of improvements by the BC for the launch of Automatic Pix, scheduled for June 16, 2025."
January 28, 2025
Top Post
New Feature of Brazil’s Pix System to Draw $30 Billion in E-commerce Payments
Yahoo Finance
"Brazil's payment system Pix is seen handling $30 billion in two years in e-commerce spending with a new feature for recurring bills that should benefit streaming firms, a study from financial technology firm Ebanx showed on Tuesday. In June, the central bank is expected to launch "Pix Automatico," a feature to automate payment of recurring bills such as utilities and streaming services."
January 14, 2025
On the web
Brazil’s Nubank Partners With Convenience Store Oxxo to Expand in Mexico
Reuters
"Brazilian digital lender Nubank has signed an agreement with Mexican convenience store chain Oxxo, run by FEMSA, to expand its cash deposit and withdrawal network in the North American country, the firms announced on Monday."
January 10, 2025
On the web
Startup Payface Allows Fashion Shoppers in Rio to Use Biometrics to Pay
Biometric Update
"Payface is partnering with Brazilian fashion retailer Nalin as customers who have a Lojas Nalin card will be able to use face biometrics to make their purchases."
January 7, 2025
On the wires
Paysafe Expands Payment Options Business to Brazil
Business Wire
"Paysafe announced that it has received approval from the Central Bank of Brazil (BCB) for a payment institution license for the country’s launch of its regulated online sports-betting and gambling market."
January 2, 2025
On the web
Pix Forum Discusses Improvements to the BC’s Instant Payment Service
BCB
"The Central Bank (BC) held the 23rd Plenary Meeting of the Pix Forum. The debate revolved around developments in the security agenda, such as the Special Return Mechanism (MED 2.0), among other topics."
December 20, 2024
On the web
Central Bank of Brazil Approves PayRetailers’ Acquisition of Transfeera
Fintech Finance
"The Administrative Council for Economic Defense and the Central Bank of Brazil have officially approved the acquisition of Transfeera, a fintech specialized in payment solutions for businesses, by PayRetailers, a leading payments processor in Latin America and Africa. The transaction is part of PayRetailers’ strategy to expand its presence in Brazil, following the acquisition of a payment institution license from the BCB in April."
December 4, 2024
On the web
Pix Adds NFC Scanning, Device Biometrics to Brazilian Digital Payments Platform
Biometric Update
"Brazil’s pioneering instant payment system, Pix, is taking a step forward with the introduction of Pix by Approximation, a feature enabling contactless payments verified by biometrics. The system, set to roll out by February 28, 2025 and was developed in conjunction with Rede Itaú, represents the latest milestone in Brazil’s DPI journey."
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