Reuters
"Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases, among other things, as the watchdog moved to proceed with an investigation into a complaint filed by Latin America e-commerce giant MercadoLibre."
dLocal
"With the Brazillian’s Open Finance Structure certification and Smart Transfers support, dLocal simplifies A2A transactions and recurring payments, enhancing convenience and security for businesses and consumers alike."
Crypto News
"The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case."
Yogonet
"Renato Gomes, Director of Financial System Organization and Resolution at the Central Bank of Brazil (BC), voiced criticism regarding a proposed ban on using the instant payment platform Pix for sports betting and online gaming transactions. Speaking at an event hosted by HSBC in Washington, D.C., Gomes argued that restricting Pix payments for certain transactions could lead to unnecessary operational issues."
The Fintech Times
"Dubbed Pix Automático, the new capability is aiming to significantly enhance recurring payments in Brazil, positively impacting Latin America’s largest digital commerce market. EBANX is taking the lead for the new launch and is preparing to integrate global merchants with the new feature."
MSN
"Brazil's central bank chief Roberto Campos Neto said on Tuesday that stablecoins and asset tokenization should be regulated in the country next year, as he delivered remarks in a video recorded for market intelligence firm Uqbar."
PR Newswire
"The recurring payments capability of Pix is expected to be launched in mid 2025 by the Central Bank of Brazil, and EBANX is the first player in cross-border payments already making the documentation available for its global merchants to start the integration."
H2FOZ
"The limitations on transfers and payments made by individuals via Pix between 4 pm and 20 am will come into effect this Monday, the 6th, and will now be limited to a maximum of R$1 in total. This is one of the measures aimed at preventing kidnappings and nighttime robberies that use this means of financial transaction."
Cointelegraph
"Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability."
PR News Wire
"Brazil's instant payment system Pix is set to surpass credit cards as the most widely used payment method in Brazilian digital commerce by next year, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX, a global technology company specializing in payment services for emerging markets."
iGB
"Pay4Fun director Ari Celia tells iGB Brazil's Ministry for Finance has established a new department to target black market operators. He expects Pix blocking efforts to be successful."
Finsiders Brasil
"According to research, not knowing how to use it or having an unstable cell phone network are other reasons to leave instant payment aside."
Latam Fintech Hub
"Zro Bank , the cryptocurrency payment company that was born from the B&T Group and later became independent, has received authorization from the Central Bank (BC) to become a payment institution. The license is for the issuer of electronic currency."
Bitcoin News
"According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025."
Beincrypto
"Banco Central do Brasil, Brazil’s central bank, has announced its intention to develop a “super app” that will integrate artificial intelligence (AI) and the nation’s central bank digital currency (CBDC), known as “Drex.”"
Banco Central do Brasil (BCB)
"The 2023/2024 edition will feature seven projects to enhance the financial innovation ecosystem including a PIX Alias Score by developing a score for the Pix instant payments system, monitoring safe zones, and identifying fake accounts."
Central Bank of Brazil
"The Central Bank published adjustments to the Pix Regulation, with improvements to its security mechanisms and with the new launch date of Automatic Pix. The rule is to be applied to access devices (cell phone or computer) used to initiate Pix transactions"
Reuters
"Brazil's central bank said a new feature for its popular Pix instant payment system aimed at automatically paying recurring bills will be launched next June instead of this October, as had been originally scheduled."
TechCrunch
"The success of Pix has naturally led to growth for companies providing the supporting technology. One example of this is Matera , a Brazilian company that provides instant payment, QR code payment and core banking software to financial institutions."
BankservAfrica
"OpenPayd, the global provider of embedded finance infrastructure, has announced that its clients can send and receive payments via Pix, the Brazilian real-time payment network."
Convera
"Unlimit’s and Convera’s online payment platform, will help Brazilian students pay tuition fees using the currency and method of their choice. The partnership will kick off in Brazil, with Convera leveraging Unlimit’s comprehensive alternative payment method (APM) portfolio to enable the seamless payment of cross-border tuition fees via the GlobalPay for Students platform using PIX without any additional charges."
Mediarun
"In a recent statement, Central Bank President Roberto Campos Neto announced final adjustments to enable contactless payments via Pix on smartphones. This new feature promises to increase the popularity of this instant payment system in Brazil, where Pix already has impressive adoption numbers."
Global Government Fintech
"Brazil’s central bank has issued an update on its development of a central bank digital currency (CBDC), stating that data-privacy challenges remain an ‘obstacle’ as it rolls the turf for a second phase of pilot tests."
Rio Times
"Pix has become a staple in Brazil’s financial landscape. With 163 million users and a 58% increase in transaction value in 2023, its popularity is undeniable. Now, the instant payment system created by the Central Bank is extending its reach to international tourists, making it easier for them to make payments in Brazil."
Bitcoin News
"The Central Bank of Brazil outlined its crypto regulation calendar, defining a three-phase process for finalizing these tasks in 2024. The bank aims to consult market actors regarding VASPs, establish plans to regulate stablecoins and finalize the rules to welcome VASPs into the country later this year."
Celcoin
"The expectations of the Brazilian financial ecosystem are at an all-time high with the announcement of the arrival of two new features under the Open Finance umbrella: Intelligent Transfer and Recurring Scheduling, integrated with advanced security technologies."
Mattos Filho
"...The BCB has indicated that this new Pix product will facilitate the recurring billing of products and services that companies of various sizes and sectors offer. The new rules take effect on October 1, 2024, and market players will be required to make the new feature available by October 28. Participants who fail to comply will be subject to a daily fine (ranging from BRL 25,000 to BRL 50,000), capped at 60 days."
Ledger Insights
Brazil’s BV Bank is involved in one of 16 pilots for Brazil’s wholesale central bank digital currency (CBDC), DREX. It recently shared details about its use case to enable delivery versus payment settlement when buying a car.
Yahoo Finance
"In just three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector."
Business Wire
"Matera released its year-end report on the adoption of Brazil’s highly successful Pix instant payments scheme."