brazil

Brazil’s Central Bank Head Says Pix Instant Payments Will Replace Credit Cards

Brazil’s Central Bank Head Says Pix Instant Payments Will Replace Credit Cards
Brazil’s Central Bank Head Says Pix Instant Payments Will Replace Credit Cards
August 12, 2022  |  Credit Cards

The chief of Brazil’s central bank believes the country’s open finance system will soon lead to the end of the use of credit cards. Get...

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Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
Central Bank Chief: Brazil’s Banks Do Not Lose Money With Pix
August 12, 2022  |  Digital Payments

The head of Brazil’s central bank is refuting the idea that banks lose money with the country’s Pix instant payment system. Get the Full Story...

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Brazil Asks WhatsApp to Delay ‘Communities’ Launch
Brazil Asks WhatsApp to Delay ‘Communities’ Launch
July 29, 2022  |  Politics

Citing concerns about the spread of misinformation in their country’s upcoming election, Brazilian prosecutors are asking messaging platform WhatsApp to hold off on the debut...

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Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
Brazilian Bank Itaú to Debut Asset Tokenization Platform, Crypto Custody Services
July 14, 2022  |  Cryptocurrency

The largest private bank in Brazil, Itaú Unibanco, has announced plans to roll out a new asset tokenization platform, which will turn regular finance products...

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Creditas Raises $200M, Buys Brazilian Bank
Creditas Raises $200M, Buys Brazilian Bank
July 08, 2022  |  Investments

Brazilian lender Creditas is raising $200 million and buying a bank and a mortgage startup in a move to bolster profitability, according to a Friday...

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47% of Brazilian Consumers Shop With a Smartphone In-Store
47% of Brazilian Consumers Shop With a Smartphone In-Store
June 21, 2022  |  Retail

Mobile commerce is at the center of the Brazilian eCommerce market. As a result, merchants must orient their digital innovation efforts around their customers’ demands...

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‘Survival of the Fittest’: Nubank Hunts M&A LatAm FinTech Bargains
‘Survival of the Fittest’: Nubank Hunts M&A LatAm FinTech Bargains
June 21, 2022  |  Digital-First Banking

Digital bank Nubank is on the hunt for FinTech bargains in Latin America as venture capital money dries up amid rising interest rates and tighter...

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Two-Thirds of Brazilians Used Smartphones During Last Retail Purchase
Two-Thirds of Brazilians Used Smartphones During Last Retail Purchase
June 16, 2022  |  Shopping

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OSF Digital Buys Brazilian B2B eCommerce Company Kolekto
OSF Digital Buys Brazilian B2B eCommerce Company Kolekto
June 14, 2022  |  Acquisitions

OSF Digital of Quebec City, Canada, on Tuesday (June 14) announced it has purchased Kolekto, a Brazilian digital commerce company that operates in the business-to-business...

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